About LIC MF Children's Fund
LIC MF Children's Fund is a children's fund managed by LIC Mutual Fund. Solution-oriented funds for a child’s future needs, with a lock-in of 5 years or until the child turns 18, whichever is earlier.
The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm 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. However there can be no assurance that the investment objective of the scheme will be achieved.
The scheme's stated objective, as published by LIC Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹38.5055 | 120285 |
| Regular | Growth | ₹34.2112 | 101271 |
Frequently asked questions
What is the NAV of LIC MF Children's Fund today?
The NAV of LIC MF Children's Fund (Direct plan, Growth) is ₹38.5055 and the Regular plan NAV is ₹34.2112, as of 18 Sept 2026.
What returns has LIC MF Children's Fund given?
Over the last year the Direct plan returned 4.3%, and 9.04% a year over 3 years and 7.93% a year over 5 years. That places it 5 of 10 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of LIC MF Children's Fund?
The Direct plan charges 2.12% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
How much has LIC MF Children's Fund fallen in the past?
Its deepest fall was 31.2% from 16 Jan 2020 to 23 Mar 2020. Of every one-year stretch in its history, 73% ended in a gain.
Which category does LIC MF Children's Fund belong to?
It is a Children's Fund from LIC Mutual Fund. Solution-oriented funds for a child’s future needs, with a lock-in of 5 years or until the child turns 18, whichever is earlier.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from LIC MF Children's Fund taxed?
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.