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LIC MF Children's Fund

Q: What is the NAV of LIC MF Children's Fund?

As of 05 Oct 2026, the NAV of LIC MF Children's Fund is ₹33.37 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has LIC MF Children's Fund delivered?

LIC MF Children's Fund has returned +2.93% over 1 year, +7.67% per year over 3 years, +6.53% per year over 5 years and +4.37% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of LIC MF Children's Fund?

LIC MF Children's Fund charges an expense ratio of 2.84% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of LIC MF Children's Fund?

LIC MF Children's Fund's largest holdings are 7.38% Government of India (9.3%), Sun Pharmaceutical Industries Ltd. (4.8%), Bajaj Auto Ltd. (3.7%), Endurance Technologies Ltd. (3.5%) and Torrent Pharmaceuticals Ltd. (3.2%). Holdings are disclosed monthly and change over time.

Q: How risky is LIC MF Children's Fund?

LIC MF Children's Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.5% and its worst peak-to-trough fall in our sample was -75.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. LIC MF Children's Fund's 0.08 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of LIC MF Children's Fund?

LIC MF Children's Fund is benchmarked against the CRISIL Hybrid 35 + 65 - Aggressive Index - Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages LIC MF Children's Fund?

LIC MF Children's Fund is managed by Siddharth Panjwani and Pratik Harish Shroff at LIC.

Q: How is LIC MF Children's Fund taxed?

LIC MF Children's Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

LIC Mutual Fund · Best Children’s Mutual Funds

NAV

₹33.37

+0.39% 1D

as of 05 Oct 2026

This is the Regular plan of LIC MF Children's Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

+2.53%absolute

52-week rangePrev NAV ₹33.25

Latest ₹33.37

Low ₹28.7071st percentile of its 52-week rangeHigh ₹35.25

Scorecard

★★☆☆☆2/5 vs 9 of 10 Children’s Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Children’s Fund (same plan and option). 9 of the 10 Children’s Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +7.67% · ranks 5 of 9 Children’s Funds

RiskHigh

Volatility 14.5% vs 11.3% category avg

CostHigh

2.8% expense vs 2.2% category avg

ConsistencyModerate

75% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ahead of the Children’s Fund average on 3M/6M/1Y — 1Y by 3.95pp

Concerns

3-year return (+7.67%) trails the Children’s Fund average (+8.84%)
5-year return (+6.53%) trails the Children’s Fund average (+8.62%)
Weaker risk-adjusted returns — Sharpe 0.08 below the Children’s Fund average of 0.26
More volatile than its Children’s Fund peers (14.5% vs 11.3%)
High expense ratio (2.84%) vs the Children’s Fund average of 2.20%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.84%

Category 2.20%▲0.64%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

37.04

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.08

Category 0.26▼0.18

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

5 yrs

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Hybrid 35 + 65 - Aggressive Index - Total Return Index (TRI)

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Apr 2006

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.57%

Absolute return over the last 3 months (not annualized)

+0.40%

Absolute return over the last 6 months (not annualized)

+13.95%

Absolute return since 1 Jan of this year (not annualized)

+1.90%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+2.93%

3-year annualized return (CAGR)

+7.67%

5-year annualized return (CAGR)

+6.53%

10-year annualized return (CAGR)

+7.35%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+4.37%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

14.47%

Excess return per unit of total volatility (rf = 6.5%)

0.08

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.11

Largest peak-to-trough decline over full history

-75.38%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-1.33%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.89

How much of the fund's movement Nifty 500 TRI explains

84.5%

Excess return per unit of beta (market risk)

1.51

Active return over the benchmark per unit of tracking error

-0.30

Annualized std dev of fund-minus-benchmark returns

6.27%

Fund's share of benchmark gains in up months (100 = matches index)

88.0%

Fund's share of benchmark losses in down months (lower is better)

92.1%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Children’s Fund)

Period	Fund	Category avg.	Diff
1M abs	-3.57%	-3.83%	+0.26%
3M abs	+0.40%	-3.41%	+3.81%
6M abs	+13.95%	+7.04%	+6.91%
1Y CAGR	+2.93%	-1.02%	+3.95%
3Y CAGR	+7.67%	+8.84%	-1.17%
5Y CAGR	+6.53%	+8.62%	-2.09%

Category average across peers in Children’s Fund (up to 10 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 10 peers in Children’s Fund

1Y return

+2.93%

Beats 80% · rank #3

3Y return

+7.67%

Beats 50% · rank #5

5Y return

+6.53%

Beats 37.5% · rank #6

Sharpe

0.08

Beats 50% · rank #5

Sortino

0.11

Beats 50% · rank #5

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.14L

Absolute

+18.93%

XIRR

+7.09%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into LIC MF Children's Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	+1.90%	-7.18%	+9.08%
2025	-4.95%	+7.94%	-12.89%
2024	+18.48%	+16.43%	+2.05%
2023	+22.14%	+27.43%	-5.29%
2022	-0.95%	+4.34%	-5.29%
2021	+15.50%	+31.59%	-16.09%
2020	+12.39%	+18.33%	-5.94%
2019	+13.16%	+8.95%	+4.21%
2018	-8.03%	-2.33%	-5.70%
2017	+14.10%	+37.35%	-23.25%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Expense ratio down: 2.90% → 2.84%
02 Oct 2026

History points

4,993

Expense ratio

2.84%

AUM

₹14.96Cr

Portfolio turnover

85%

Exit load

Nil (Lock-in Period:- Lock-in-period for at least 5 years or till the child attains age of majority whichever is earlier

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

37.0

P/B ratio

9.6

Avg market cap

₹1,62,772Cr

P/E & P/B are portfolio-weighted harmonic means across 27 of 35 equity holdings (69% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Children’s Fund

Compare all


LIC MF Children's FundThis fund LIC · Regular · Growth	★★☆☆☆	+2.93%	+7.67%	+6.53%	—	2.84%	₹14.96Cr
SBI Children's Fund - Investment SBI · Regular · Growth	★★★★★	+12.81%	+19.41%	+17.99%	—	2.01%	₹6,212Cr
ICICI Prudential Children's Fund ICICI Prudential · Regular · Growth	★★★★☆	-4.21%	+11.14%	+10.07%	—	3.07%	₹1,401Cr
SBI Children'S Fund - Savings SBI · Regular · Growth	★★★★★	+9.21%	+10.89%	+10.11%	—	1.29%	₹138.39Cr
Aditya Birla Sun Life Bal Bhavishya Yojna Aditya Birla Sun Life · Regular · Growth	★★★☆☆	+0.50%	+8.43%	+7.06%	—	2.28%	₹1,174Cr
HDFC Children's Fund HDFC · Regular · Growth	★★★★☆	-2.83%	+7.12%	+8.77%	—	1.81%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 99% of the equity sleeve priced.

Large cap49.3%
Mid cap31.3%
Small cap19.4%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity82.37%
Debt9.35%
Cash & Equivalents8.31%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Sun Pharmaceutical Industries Ltd.

4.82%

Bajaj Auto Ltd.

3.68%

Endurance Technologies Ltd.

3.49%

Torrent Pharmaceuticals Ltd.

3.23%

Mahindra & Mahindra Ltd.

3.19%

Cummins India Ltd.

3.18%

Multi Commodity Exchange Of India Ltd.

3.10%

Lumax Auto Technologies Ltd.

3.09%

Titan Company Ltd.

3.08%

Coforge Ltd.

3.01%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
LIC MF Conservative Hybrid Fund LIC · Conservative Hybrid Fund	42.7% of 18% equity	★★☆☆☆	1.68%	+6.39%
LIC MF Balanced Advantage Fund LIC · Dynamic Asset Allocation or Balanced Advantage	37.8% of 78% equity	★★☆☆☆	1.43%	+7.90%
LIC MF Flexi Cap Fund LIC · Flexi Cap Fund	37.2%	★☆☆☆☆	1.80%	+10.13%
Union Focused Fund Union · Focused Fund	29.0%	★★☆☆☆	1.55%	+10.49%
NJ Momentum Fund NJ · Sectoral/ Thematic	28.8%	—	2.57%	—
Baroda BNP Paribas Large and Mid Cap fund Baroda BNP Paribas · Large & Mid Cap Fund	28.7%	★★★☆☆	1.09%	+12.95%
Angel One Nifty Total Market Momentum Quality 50 Index Fund Angel One · Index Funds	28.4%	—	0.66%	—
Angel One Nifty Total Market Momentum Quality 50 ETF Angel One · Other ETFs	28.4%	—	0.90%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 0.72% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Avalon Technologies LimitedLong-term · Stage I0.72%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-75.4%07 Jan 2008 → 09 Mar 2009
Fell over 14 months, back to the old high on 02 Sep 2021 — 12.5 years under water after the low.
-19.7%26 Sep 2024 → 03 Mar 2025
Still below that high — 5 months down, and no recovery yet.
-15.8%13 Jan 2022 → 17 Jun 2022
Fell over 5 months, back to the old high on 14 Jun 2023 — 12 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹14.96Cr

April - June 2026

+2%

since January - March 2026

+₹33.68L

est. net flow, last quarter

At or near its largest, ₹14.96Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

LIC Mutual Fund is sponsored by the Life Insurance Corporation of India and has been in business since 1989. It absorbed IDBI Mutual Fund's schemes in 2023 and runs a mix of equity, debt and index funds.

Launched

19 Apr 1994

Total AUM

₹49,535Cr+6.6% QoQ

Avg AUM · April - June 2026

Website

licmf.com

Fund Managers

SPSiddharth PanjwaniManaging since 26 Sep 2023

Role

Fund Manager- Equity

Total experience

20+ years

Education

• CFA – CFA Institute, USA • MBA – Carnegie Mellon University Tepper School of Business B.E., Computer Science – VESIT, University of Mumbai

Experience

• Fund Manager - Equity – LIC Mutual Fund Asset Management Limited (w.e.f. 1st July 2026) • Proposed Fund Manager - Specialized Investment Fund (SIF) – LIC Mutual Fund Asset Management Limited (February 2026-Present) • Chief Investment Officer & SVP Growth – People Hum Technologies Pvt Ltd (March 2025- December 2025) • Senior Director – Strategic Projects – Engati Technologies Pvt Ltd (June 2022 - February 2025) • Senior Director – Strategic Projects – PiMonk Tech Pvt Ltd (July 2021 – May 2022) • Senior Director – Strategic Projects – Quinbay Technologies Pvt Ltd (March 2021 – June 2021) • Co-Founder & Chief Strategy Officer

PSPratik Harish ShroffManaging since 01 Jul 2026

Role

Fund Manager – Fixed Income

Experience

Over 18 years of experience in the Banking and Financial Services Industry. • Fund Manager (Fixed Income)- LIC Mutual Fund Asset Management Ltd. (with effect from 18th September 2023) • Senior Associate Director Treasury – CTBC Bank LTD (February 2023 to September 2023) • Deputy Vice president GMG – IndusInd Bank Limited (August 2021 to February 2023) • Vice President Treasury – Industrial and Commercial Bank of China (November 2018 to August 2021) • Dealer Fixed Income – Tata Mutual Fund (October 2012 to November 2018) • Associate Vice President – LKP Securities (May 2007 – October 2012)

Funds managed (15)

All schemes Pratik Harish Shroff runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Pratik Harish Shroff

Top holdings

Sun Pharmaceutical Industries Ltd.Bajaj Auto Ltd.Endurance Technologies Ltd.Torrent Pharmaceuticals Ltd.Mahindra & Mahindra Ltd.Cummins India Ltd.Multi Commodity Exchange Of India Ltd.Lumax Auto Technologies Ltd.Titan Company Ltd.Coforge Ltd.Persistent Systems Ltd.Ujjivan Small Finance Bank Ltd.

LIC in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

Frequently asked questions

What is the NAV of LIC MF Children's Fund?

As of 05 Oct 2026, the NAV of LIC MF Children's Fund is ₹33.37 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has LIC MF Children's Fund delivered?

LIC MF Children's Fund has returned +2.93% over 1 year, +7.67% per year over 3 years, +6.53% per year over 5 years and +4.37% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of LIC MF Children's Fund?

LIC MF Children's Fund charges an expense ratio of 2.84% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of LIC MF Children's Fund?

LIC MF Children's Fund's largest holdings are 7.38% Government of India (9.3%), Sun Pharmaceutical Industries Ltd. (4.8%), Bajaj Auto Ltd. (3.7%), Endurance Technologies Ltd. (3.5%) and Torrent Pharmaceuticals Ltd. (3.2%). Holdings are disclosed monthly and change over time.

How risky is LIC MF Children's Fund?

LIC MF Children's Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.5% and its worst peak-to-trough fall in our sample was -75.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. LIC MF Children's Fund's 0.08 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of LIC MF Children's Fund?

LIC MF Children's Fund is benchmarked against the CRISIL Hybrid 35 + 65 - Aggressive Index - Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Who manages LIC MF Children's Fund?

LIC MF Children's Fund is managed by Siddharth Panjwani and Pratik Harish Shroff at LIC.

How is LIC MF Children's Fund taxed?

LIC MF Children's Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.