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LIC MF Children’s Fund
LIC MF Children’s Fund Direct-Growth is a very high-risk equity scheme from LIC Mutual Fund, launched on April 20, 1994. As of June 24, 2025, it manages assets worth ₹37,480 cr and has a NAV of ₹35.94. Managed by Marzban Irani and Ramnath Venkateswaran, investors can start with a SIP of ₹200 or a lumpsum of ₹5,000.
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- LIC MF Children’s Fund
Highlights of LIC MF Children’s Fund
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The fund follows a conservative growth approach by investing primarily in quality debt instruments with lower risk exposure.
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It carries a very high-risk label, aligning with its long-term investment horizon aimed at wealth creation for a child’s future.
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Investors can start small with SIPs of ₹200 or make a lump sum investment of ₹5,000.
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The fund has a strong legacy since 1994 and is managed by experienced professionals, Marzban Irani and Ramnath Venkateswaran.
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With an AUM of ₹37,480 crore, this child investment plan reflects steady investor confidence over the years.
Key Information About LIC MF Children’s Fund
| Fund House | LIC Mutual Fund |
| Date of Incorporation | 20 Apr 1994 |
| Total AUM | ₹37,480.43Cr |
| Fund Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| NAV of the Fund | ₹35.94 |
| Min. SIP Investment | ₹200 |
| Expense Ratio | 1.68% |
| Returns since inception | 10.50% |
| Risk Level | Very High |
| Investment Objective | The scheme seeks to provide long term capital growth through a judicious mix of investments mainly in quality debt securities with relatively low level of risks. |
Performance of LIC MF Children’s Fund
| Year | 1Y | 3Y | 5Y | All |
| Fund returns | -0.2% | 15.2% | 15.5% | 10.5% |
Top 10 Holdings of LIC MF Children’s Fund
| Name | Sector | Assets |
| GOI | Sovereign | 10.37% |
| NA | NA | 3.84% |
| JTL Industries Ltd | Metals & Mining | 3.40% |
| Tata Power Company Ltd. | Energy | 3.39% |
| Axis Bank Ltd. | Financial | 3.38% |
| State Bank of India | Financial | 3.29% |
| International Gemmological Institute (India) Ltd. | Consumer Discretionary | 2.98% |
| ICICI Bank Ltd. | Financial | 2.71% |
| Tech Mahindra Ltd. | Technology | 2.65% |
| Maruti Suzuki India Ltd. | Automobile | 2.54% |
Sector Allocation of LIC MF Children’s Fund
| Sector | Allocation (%) |
| Industrials | 28.1% |
| Consumer Discretionary | 20.1% |
| Financial | 14.5% |
| Materials | 9.8% |
| Healthcare | 8.9% |
| Energy & Utilities | 7.5% |
| Technology | 6.9% |
| Consumer Staples | 4.2% |
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Invest ₹10K/Month YOU GET ₹1 Crores* For Your Child
Invest ₹8K/Month YOU GET ₹80 Lakhs* For Your Child
Invest ₹5K/Month YOU GET ₹50 Lakhs* For Your Child
Standard T&C Apply *
Expense Ratio, Exit Load and Taxation of the LIC MF Children’s Fund
| Category | Percentage/Details |
| Expense Ratio | 1.68% |
| Exit Load | NIL |
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.