Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
6M
1Y
3Y
All
Fund returns
+6.7%
+12.8%
+14.7%
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Category average (Hybrid Debt)
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Rank (Hybrid Debt)
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit load, stamp duty and tax
Exit load
For units subject to lock-in period NIL. Exit load of 3% if units are redeemed within 1 year, 2% if redeemed within 1 and 2 year, 1% if redeemed within 2 and 3 year.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
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About HDFC Childrens Gift Saving Direct Plan
HDFC Childrens Gift Saving Direct Plan is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. The fund currently has an Asset Under Management(AUM) of ?9,34,238 Cr and the Latest NAV as of 30 Dec 2016 is ?42.31.
The HDFC Childrens Gift Saving Direct Plan is rated Moderate risk. Minimum SIP Investment is set to ?500. For units subject to lock-in period NIL. Exit load of 3% if units are redeemed within 1 year, 2% if redeemed within 1 and 2 year, 1% if redeemed within 2 and 3 year.
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Investment Objective
The scheme aims at generating steady long-term returns and maintaining relatively lower levels of risk by investing around 80 to 100 percent of its assets in debt related instruments and around 0 to 20 percent in equities. Only children below 18 years of age are eligible to apply in this scheme.