HDFC Children's Fund

FAQs

• How to Invest in HDFC Children's Fund?

  

  Investors can apply for their transactions requests either offline or electronically using the relevant application / transaction request forms available on our website or at any of our Officials Points of Acceptance.

  
  The application form/transaction slip for subscription/ redemption/ switches can be submitted at our Official Points of Acceptances whose addresses are available on the website of the AMC. These include:

  
  1.    AMC / RTA’s branches i.e. Investor Services Centres*
  2.    HDFC MFOnline Investors through website and App
  3.    MFSS/BSE StAR MF/NMF II platforms of the Stock Exchanges(s)
  4.    Authorized Points of Service of MF Utilities India Private Limited (MFUI)
  5.    Channel partners/ Distributors/ RIAs/ Portfolio Managers who have tied up with the AMC
  6.    MF Central

  
  * Note: Business Centres i.e. Sales offices of HDFC AMC are not Official Points of Acceptance of transactions.
  Please refer offer documents for more details.
   

• Can I invest in SIP and Lump Sum of HDFC Children's Fund?

  

  Yes, SIP as well as Lump Sum investments are permitted with the minimum application amount being ₹100. Any additional purchase must have a minimum amount of ₹100. The SIP and Lumpsum are available in direct and regular plan with Growth option. 

• How to Redeem HDFC Children's Fund?

  

  Units of the scheme can be redeemed/switched out on any Business day at NAV based prices.
  For Redemption (including switch-out) applications
  •    In respect of valid applications received upto 3 p.m. on a Business Day by the Fund, same day's closing NAV shall be applicable.
  •    In respect of valid applications received after 3 p.m. on a Business Day by the Fund, the closing NAV of the next Business Day shall be applicable.

  
  Transactions through online facilities / electronic modes:

  
  The time of transaction done through various online facilities / electronic modes offered by the AMC, for the purpose of determining the applicability of NAV, would be the time when the request for purchase / sale / switch of units is received in the servers of AMC/RTA.
  The AMC has the right to amend cut off timings subject to SEBI (MF) Regulations for the smooth and efficient functioning of the Scheme.
   

• What is the primary objective of HDFC Children’s Fund ?

  

  To generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments.

  
  There is no assurance that the investment objective of the Scheme will be achieved.
  For more details refer SID

• Who can invest in this scheme?

  

  Minors (as the first and the sole holder only) (through Parents or Legal Guardian).

• What is the lock-in period for this fund?

  

  Existing investments by investors including SIP / SWAP registrations, etc (until May 22, 2018):  

  
  Lock-in period (if opted), shall be later of

  
  •    3 Years from the date of allotment
  •    Until the Unit holder (being the beneficiary child) attains the age of majority. 

  
  Fresh investments by investors including SIP/ SWAP registrations, etc (effective May 23, 2018): 

  
  Lock-in period will be compulsory Lock-in period shall be earlier of

  
  •    5 Years from the date of allotment; or
  •    Until the Unit holder (being the beneficiary child) attains the age of majority
   

• Can I set up a Systematic Investment Plan (SIP) for this fund?

  

  Yes