Children’s Fund

LIC MF Children's Fund

An open ended fund for investment for Children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier)

Official details checked 06 September 2026 · latest available AMFI NAV dated 04 Sep 2026
Reference NAV₹38.9454LIC MF Children's Fund - Direct Plan - Growth · NAV date 04 Sep 2026
RiskometerVery HighCan change monthly
Expense ratioRegular 2.39%, Direct 1.51%Official stated figure; verify current TER
Allotment / launch16-Oct-2001LIC Mutual Fund
Full official AMFI Scheme Summary Document available below.

Saved AMFI NAV is visible. Checking for the latest available AMFI report after page load · saved snapshot 04 Sep 2026.

Plain-language summary

A goal-oriented mutual-fund structure

The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. There is no assurance that the investment objective of the Scheme will be achieved.

Who may study it further

Investors whose goal and access needs match the scheme's lock-in or exit rules.

Main risks to understand

Market risk plus any lock-in, exit restriction and goal-timing mismatch.

Not an income promise: The objective describes what the manager aims to do. It is not a guaranteed result, return or capital-protection statement.
Portfolio design

How the money may be invested

Under normal circumstances, the asset allocation of the Scheme would be as follows: Equity and Equity related instruments * - 65% to 90% of total assets Debt and Money Market Instruments * - 10% to 35% of total assets Units issued by InviTs* - 0% to 10% of total assets *The cumulative gross exposure to equity, debt, derivatives positions, repo in corporate debt securities, InviT and such other securities/assets as may be permitted by SEBI from time to time will not exceed 100% of the net assets of the scheme in accordance with Clause 12.24 of SEBI Master Circular SEBI/HO/IMD/IMD-PoD1/P/CIR/2023/74 dated May 19, 2023. Please refer the Scheme Information Document for complete details.

SEBI category
Children’s Fund
Fund type
An open ended fund for investment for Children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier)
Primary benchmark
CRISIL Hybrid 35 + 65 - Aggressive Index - Total Return Index (TRI)
Top holdings

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Live verificationLIC MF Children's FundConfirm the reporting month, security name, sector and percentage of net assets.
Fund management

Manager and scheme tenure

Fund manager(s)
Mr. Siddharth Panjwani (Equity) · Mr. Pratik Harish Shroff (Debt)
Manager tenure on this scheme
Mr. Pratik Harish Shroff (Debt) — since 1st July 2026
Role / co-management
FM -1- Fund Manager - Equity, FM -2-Fund Manager - Debt

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Plans and options

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

Plan / option reported by AMFINAVDate
LIC MF Children's Fund - Direct Plan - Growth₹38.945404 Sep 2026
LIC MF Children's Fund - Regular Plan - Growth₹34.611904 Sep 2026
Costs and access

What you pay and how money moves

Stated expense ratio
Regular 2.39%, Direct 1.51%
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
Minimum application
5000 · multiples of 1
SIP frequency
SIP Details - Daily, Weekly, Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
Minimum SIP amount
SIP Details - 100, 150,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500
Minimum instalments
"SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12"
Expense ratios change. Direct and regular plans normally have different expense ratios. Read the latest TER disclosure before investing.
Premium-free process

How a mutual-fund investment is paid

  1. Complete KYCIdentity, PAN, bank and contact verification are required.
  2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
  3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
  4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
  5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Original documents

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.

Need a human explanation?

Talk through the fund, costs and risks before deciding.

Educational support only — no promise of returns.

Call expert+91 9426587283 Chat with expertWhatsApp