11 children plans of mutual funds are currently in the market. These schemes invest in stocks with a long-term perspective, as children plans have a lock-in period. Children schemes have a lock-in period of at least five years or the investment remains locked until the child turns 18
Asset management companies also offer solution-oriented schemes. Currently there are 11 Children Oriented Funds in the market . These have options for equity and debt portfolios. Children schemes have a lock-in period of at least five years or the investments remain locked in until the child turns 18. Whichever occurs first applies. Having a lock-in period gives fund managers an opportunity to invest in stocks with a long-term perspective. Moneycontrol is telling you about 10 such midcap stocks in which children schemes of mutual funds have invested.
1- PI Industries
PI Industries stocks are included in the portfolio of 5 children schemes of mutual funds. These include Axis Children’s Gift Fund and LIC MF Children’s Gift Fund. Shares of PI Industries closed at Rs 3,880 on March 28. This stock has given 32 percent return in one year.
2– Timken India
Four children schemes of mutual funds have invested in the shares of this company. These include Aditya Birla Life Bal Bhavishya Yojana and HDFC Children Gift Fund. Shares of Timken India closed at Rs 2,862, up 1.66 per cent on March 28. This stock has given only 3.34 percent returns to investors in one year.
3– Jubilant FoodWorks
Four children schemes of mutual funds have invested in the shares of this company. These include ICICI Prudential Child Care Fund-Gift and UTI CCF-Investment. Jubilant Foodworks stock closed 1.65 per cent lower at Rs 447.35 on March 28. This stock has increased by only 4.02 percent in one year.
4– Bharat Forge
Four children funds of the mutual fund have invested in the shares of this company. These include Aditya Birla Sun Life Bal Bhavishya Yojana and UTI CCF-Investment. Shares of Bharat Forge closed at Rs 1,229, up 1.65 per cent on March 28. This stock has given more than 49 percent returns in one year.
5– Phoenix Mills
Four children funds of the mutual fund have invested in the shares of this company. These include Aditya Birla Sun Life Bal Bhavishya Yojana and UTI CCF-Investment. Shares of Phoenix Mills closed at Rs 2,770, up 1.54 per cent on March 28. This stock has given more than 106 percent returns in one year.
6– FSN E-Commerce Ventures
Four children funds of the mutual fund have invested in the shares of this company. These include Aditya Birla Sun Life Bal Bhavishya Yojana and UTI CCF-Investment. Shares of FSN E-Commerce Ventures closed 0.31 per cent lower at Rs 161 on March 28. This stock has given returns of more than 27 percent in one year.
7– Info Edge (India)
Four children funds of the mutual fund have invested in the shares of this company. These include Aditya Birla Sun Life Bal Bhavishya Yojana and UTI CCF-Investment. Shares of Info Edge (India) closed at Rs 5570, up 1.72 per cent on March 28. This stock has given more than 54 percent returns in one year.
8– Muthoot Finance
Three children funds of the mutual fund have invested in the shares of this company. These include SBI Magnum Children’s Benefit Fund-Savings and ICICI Prudential Child Care Fund-Gift Plan. Shares of Muthoot Finance closed 0.15 per cent lower at Rs 1,476 on March 28. This stock has given more than 51 percent returns in one year.
9– Endurance Technologies
Three children funds of the mutual fund have invested in the shares of this company. These include UTI CCF-Investment and Union Children’s Fund. Shares of Endurance Technologies closed 0.14 per cent higher at Rs 1,817 on March 28. This stock has given more than 49 percent returns in one year.
10– Metro Brands
Three children funds of the mutual fund have invested in the shares of this company. These include Tata Young Citizen and UTI CCF-Investment. Shares of Metro Brands closed at Rs 1,150, up 0.67 per cent on March 28. This stock has given 46 percent return in one year.
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