COMPARE
HDFC Childrens Fund - Direct Plan vs Union Children's Fund - Direct Plan - Growth Option
HDFC Childrens Fund and Union Children's Fund are both in the Children s Fund category, from HDFC Asset Management Company Limited and Union Asset Management Company Private Limited respectively. HDFC Childrens Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HDFC Childrens Fund has the lower direct-plan expense ratio, by 0.43 percentage points.
| HDFC Childrens Fund - Direct Plan | Union Children's Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Children s Fund | Children s Fund |
| AMC | HDFC Asset Management Company Limited | Union Asset Management Company Private Limited |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 Index TRI | BSE 500 TRI |
| NAV | ₹310.806 (2026-10-28) | ₹12.38 (2026-10-28) |
| AUM | ₹10,172.767 Cr | ₹88.878 Cr |
| Expense Ratio (Direct) | 1.04% | 1.47% |
| Inception | 2001-01-25 | 2023-11-28 |
Returns
Risk Metrics
Union Children's Fund has been the more volatile of the two by standard deviation.
| HDFC Childrens Fund - Direct Plan | Union Children's Fund - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | -0.01 | 0.01 |
| 3Y Alpha | 0.9552% | -0.6616% |
| 3Y Std Deviation | 9.675% | 14.4808% |
| 3Y Calmar Ratio | 0.56 | 0.42 |
Portfolio Analytics
HDFC Childrens Fund carries the higher portfolio YTM.
| HDFC Childrens Fund - Direct Plan | Union Children's Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 14.2575 | 31.3454 |
| P/B Ratio | - | - |
| Dividend Yield | 1.1394% | 0.6751% |
| Active Share | - | 67.75% |
| Portfolio Turnover | 6768.000000000001% | 47% |
| YTM | 7.06% | 5.409% |
| Duration (Macaulay) | 4.37 yrs | - |
Punji Fund Health Score
Union Children's Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, HDFC Childrens Fund or Union Children's Fund?
HDFC Childrens Fund's direct-plan expense ratio is 0.43 percentage points lower than Union Children's Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, HDFC Childrens Fund or Union Children's Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Union Children's Fund has been more volatile than HDFC Childrens Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (-0.01 for HDFC Childrens Fund vs 0.01 for Union Children's Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, HDFC Childrens Fund or Union Children's Fund?
HDFC Childrens Fund has ₹10,173 Cr in assets under management, versus ₹89 Cr for Union Children's Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), HDFC Childrens Fund or Union Children's Fund?
HDFC Childrens Fund's portfolio YTM (7.06%) is higher than Union Children's Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which fund has a longer track record, HDFC Childrens Fund or Union Children's Fund?
HDFC Childrens Fund launched on 2001-01-25, making it older than Union Children's Fund (launched 2023-11-28). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.