Mutual funds have been a preferred destination for investors wanting to build a corpus for their long-term goals like retirement and children’s future. Falling under the solution-oriented category, there are 11 schemes designed to offer children’s plans with various options, across equity and debt portfolios. They are open-ended schemes with a lock-in period of at least five years or till the child attains the age of majority (whichever is earlier). The compulsory lock-in helps create a corpus for the long haul. Within the category, ten schemes are equity-related funds investing in equities in the range of 20 percent to 98 percent. Here is the list of top small-cap stocks held by these schemes. They are mostly held for the long term. Portfolio data was as of March 31, 2023. Source: ACEMF.
2/16
Gokaldas Exports Number of children-oriented funds that hold the stock: 4 Sample of children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and LIC MF Children's Gift Fund
3/16
Carborundum Universal Number of children-oriented funds that hold the stock: 4 Sample of children-oriented funds that hold the stock: UTI CCF- Investment and HDFC Children's Gift Fund
4/16
Aether Industries Number of children-oriented funds that hold the stock: 3 Sample of children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and Aditya Birla SL Bal Bhavishya Yojna
MTAR Technologies Number of children-oriented funds that hold the stock: 3 Sample of children-oriented funds that hold the stock: Axis Children's Gift Fund-Compulsory Lock-in and UTI CCF- Investment Plan Also see: 14 new midcap stocks picked up by PMS managers, lately
6/16
Aster DM Healthcare Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: HDFC Children's Gift and Aditya Birla SL Bal Bhavishya Yojna
7/16
Archean Chemical Industries Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and SBI Magnum Children's Benefit Fund-Savings Plan
8/16
Dodla Dairy Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and SBI Magnum Children's Benefit Fund-Savings Plan
Ajanta Pharma Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan
10/16
Karur Vysya Bank Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and Tata Young Citizen Fund
11/16
CESC Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan
12/16
PVR Inox Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and ICICI Pru Child Care Fund-Gift Plan
Firstsource Solutions Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan
15/16
Jamna Auto Industries Number of children-oriented funds that hold the stock: 2 Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan
