ICICI Prudential Child Care Fund (Gift Plan) - Cumulative

Childrens Fund NAV 249.91 0 05 December, 2023

Fund Details

Fund Type Open Ended
Investment Plan Growth
Launch Date 20 August, 2001
Benchmark NIFTY 50 Hybrid Composite Debt 65:35
Asset Size(Cr) 1007.51381
ISIN No. INF109K01605
Turn over 65%
Min Investment ₹ 5000
Min SIP Investment ₹ 500
Min Addl Investment ₹ 1000
Exit Load Nil
Expense Ratio 2.26
Fund Manager Chandni Gupta, Lalit Kumar, Sharmila D?mello, Rohit Lakhotia
Fund House ICICI Prudential Mutual Fund

Investment Returns (As on 05 Dec, 2023)

Duration Returns Benchmark Category
1 W -1.09% 0.33% 1.51%
1 M -1.12% 1.68% 3.36%
3 M 3.9% 2.58% 1.75%
6 M 15.64% 5.48% -0.02%
1 Y 16.75% 7.16% 4.61%
2 Y 10.72% 5.04% 10.73%
3 Y 17.83% 5.69% 17.79%
5 Y 12.17% 8.07% 8.99%

Risk Mesasures (As on 05 Dec, 2023)

Std Dev Sharpe Beta Alpha
Fund 10.27 1.29 1.71 0.74
Benchmark 0 0 0 0
Returns Compare with Others
  • 1Y
  • 3Y
  • 5Y

Portfolio (As on 30 Oct, 2023)

Assets Allocation

Sector Holdings
Others 3.33%

Return Calculator

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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
ICICI Prudential Child Care Fund (Gift Plan) - Cumulative 16.75% 17.83% 12.17%
Tata Retirement Savings Fund - Progressive Plan -Regular Plan-Growth Option 16.07% 15.33% 13.56%
SBI Magnum Childrens Benefit Fund - Savings Plan - REGULAR PLAN - GROWTH 13.45% 14.02% 10.22%
Franklin India Pension Plan-Growth 9.91% 9.31% 8.4%
SBI Gold Fund Regular Plan - Growth 20.17% 4.67% 12.71%
Nippon India Gold Savings Fund-Growth plan- Growth Option 20.33% 4.43% 12.12%

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ICICI Prudential Child Care Gift Plan - A Perfect Gift for Your Young Ones

Your children need your attention until they are able to stand on their feet. It is a responsibility of every parent to fulfil every requirement of their young ones. Young dreams have no boundaries, and you don’t want the financial burden to stop your child from dreaming big. With the ICICI Prudential Child Care Fund - Gift Plan and study plan provided by ICICI Prudential Mutual Fund, you can let your child dream big as we will take care of the financial concerns of your children. The gift plan can act as a gift for the children while the study plan is mechanised to provide financial assistance during the studies for high school and graduation.

What Is ICICI Prudential Child Care Gift Plan?

ICICI Prudential Child Care Gift Plan is a mutual fund which intends to provide capital gains as a gift to the children aged between 1 to 13. After reaching the age of 13, the plan is automatically shifted to the study plan. It is basically a solution-oriented aggressive hybrid fund which invests in equity as well as debt instruments. The equity allocation is higher than the debt and generally, the ratio of 70:30 is kept in the portfolio for equity and debt instruments. Compared to the other schemes in the category of balanced funds, it has performed remarkably well and provided some of the best returns. Although the expense ratio is slightly higher, the returns it has provided makes it completelyworthy.

What Are the Expected Returns?

For an investment of 7-10 years, an annualised return of anywhere between 14-18% can be expected from ICICI Prudential Child Care Gift Plan, but the actual returns are highly dependent upon the condition of the equity market as higher allocation is done in the equities. The fund managers Mr Ashwin Jain and Mr Manish Banthia seek promising stocks which can provide high returns. The risk measure of the portfolio is low as the risk of equity instruments is balanced by the debt tools. ICICI Prudential Child Care Gift Plan has provided the best returns in the category for a long-term which is likely to be continued in future due to supreme management staff at ICICI Mutual Fund. Investors can calculate the expected returns with the help of the SIP calculator at MySIPonline.

Who Should Invest?

ICICI Prudential Child Care Fund can serve as a gift for the young and can also be used for long-term capital appreciation. However, it is mostly chosen and advised for child future planning as it has a lock-in period of 5 years or when the child attains the age of majority, whichever is earlier. No exit load is charged for redemption. A minor cannot invest on his own, but a major can invest on behalf of the child.

Why Invest at MySIPonline?

We have a specific team for research of the schemes according to goals and desires of the investors. Every requirement and condition of the investor is deeply analysed by the experts to suggest the best investment option. Start SIP investment today to build strong support for your child and let them grow without any barrier.

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