Fundalysisby DARKHORSESTOCKS

Scheme

LIC MF Childrens Fund

Holds 34 companies worth ₹12.3 Cr in Sept 2026.

  • Fund house

    LICThe fund house that runs this scheme.

  • AUM

    ₹15.7 CrLIC MF Childrens Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.4% on Aug 2026, ₹16.5 Cr.

  • Largest holding

    Ajanta Pharmaceuticals LimitedAjanta Pharmaceuticals Limited is 5.2% of this scheme's NAV.

  • Fund manager

    Pratik Harish ShroffRuns it since 26 Sept 2023, as the fund house dates it. With Siddharth Panjwani (fund manager).

Overview(3 Jul 2026)

Fund managers2

  1. Pratik Harish ShroffFund manager, debt · Sept 2023
  2. Siddharth PanjwaniFund manager, equity · Sept 2023
  1. Mahesh BendreApr 2026 – Jul 2026
  2. Karan DoshiJul 2025 – Apr 2026
  3. Nikhil RungtaJul 2024 – Sept 2025

Key facts

Benchmark
CRISIL Hybrid 35 + 65 - Aggressive Index - Total Return Index (TRI)
Risk
Very High
Expense
Regular 2.39% · Direct 1.51%
Exit load
Nil
Started
16 Oct 2001
Minimum
₹5,000

Source.Its Scheme Summary Document as of 3 Jul 2026 at AMFI.

What changed(11 changes)

Jul 2026

2 changes
  1. Siddharth Panjwani joined
    3 Julas fund manager (equity)
  2. Mahesh Bendre left
    3 Julran it as fund manager (equity) from Apr 2026

Apr 2026

3 changes
  1. Mahesh Bendre joined
    11 Apras fund manager (equity)
  2. Karan Doshi left
    11 Aprran it as fund manager (equity) from Jul 2025
  3. Expense ratio
    7 AprRegular 2.45% → 2.39%Direct 1.63% → 1.51%

Sept 2025

2 changes
  1. Karan Doshi joined
    15 Septas fund manager (equity)
  2. Nikhil Rungta left
    15 Septran it as fund manager (equity) from Jul 2024

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Sept 2023 – now)

  1. Pratik Harish Shroff
  2. Siddharth Panjwani
  3. Mahesh Bendre
  4. Karan Doshi
  5. Nikhil Rungta
MainCoSlice202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Jul 2026)

Every change to the expense ratio, newest first.
4 changesRegularDirectΔ pt
7 Apr 20262.39%1.51%0.12
22 Jul 20252.45%1.63%0.05
21 Oct 20242.45%1.68%0.03
14 Aug 20242.46%1.71%–
Direct plan, 7 Apr 2026
1.51%
Regular plan 2.39% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(3 Jul 2026)

Objective

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.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
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)
Benchmark
CRISIL Hybrid 35 + 65 - Aggressive Index - Total Return Index (TRI)

Asset allocation it may hold% of NAV

  1. Equity and Equity related instruments
    Allowed65–90%Holds78.6%
  2. Debt and Money Market Instruments
    Allowed10–35%Holds21.4%
  3. Units issued by InviTs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.78.6% equity · 21.4% debt and cash

How to invest(3 Jul 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹500, then in multiples of ₹1
Most
No Limit
Systematic
SIP Details - Daily, Weekly, Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
Dates
SIP : Daily - All business day, Weekly – Between Monday to Friday, Monthly - Any date between 1st to 28th, Quarterly - Any date between 1st to 28th| SWP Details - Monthly, Quarterly ,Half Yearly & Yearly - Any date between 1st to 28th | STP : Daily - All business day, Weekly - Monday to Friday* (*Default will be Friday), Monthly & Quarterly - Any date between 1st to 28th (*Default date/day-10th of the month)
Minimum
SIP Details - 100, 150,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500, then sIP Details - 1 | SWP Details - 1 | STP Details - 1
Instalments
"SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12"
Most
SIP Details - No Limit | SWP Details - No Limit | STP Details - No Limit

Selling and switching

To redeem
₹500 or 1 units
Minimum balance
₹500 or 0.001 units
Switch minimum
Switch - in: Rs.5000 and multiples of Rs. 1/- thereafter. Switch-out :Rs. 500 and multiples of Rs. 1/- thereafter or 0.001 units
Switch multiples
₹1 or No Limit units
Switch most
No Limit or No Limit units

Scheme details(3 Jul 2026)

What it is

Category
Children’s Fund
Offer
26 Sept 2001 to 5 Oct 2001
Started
16 Oct 2001
Plans
Regular Plan-Growth|Direct Plan-Growth
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Standard Chartered Bank
Auditor
M/s. Deloite Haskins & Co LLP
Registrar
KFin Technologies Ltd
SEBI code
LICM/O/S/CHI/01/09/0008