|Fund Type||Open Ended|
|Benchmark||Nifty 50 Hybrid Composite Debt65:35|
|Asset Size(Cr)||591.48 (As on Oct 31, 2018)|
|Fund Manager||Manish Banthia , Priyanka Khandelwal , Ashwin Jain|
|Min SIP Investment||1000|
|Min Addl Investment||1000|
|Exit Load||1 % For 365 days|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
|Sector||Value(In Cr)||Allocation (%)|
|CONSUMER NON DURABLES||422.761||9.0809|
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|SBI Magnum Childrens Benefit Fund (G)||0.85%||13.11%||15.31%|
|UTI Children's Career Fund-Investment Plan (G)||4.51%||11.23%||14.37%|
|Tata Young Citizens Fund (G)||-7.96%||5.25%||9.72%|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment
|| Amount Invested
|| Investment Value As on date
|| Units Purchased || CAGR
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested
|| Investment Value As on Date
|| Total Units Purchased || Abs. Return
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
|ITCLtd||Equity||CONSUMER NON DURABLES||-||137.156||2.9461|
|EmamiLtd||Equity||CONSUMER NON DURABLES||-||100.164||2.1515|
|GlaxoSmithKlineConsumerHealthcareLtd||Equity||CONSUMER NON DURABLES||-||94.056||2.0203|
|BajajCorpLtd||Equity||CONSUMER NON DURABLES||-||72.644||1.5604|
|JagranPrakashanLtd||Equity||MEDIA AND ENTERTAINMENT||-||69.779||1.4989|
|HindustanZincLtd||Equity||NON - FERROUS METALS||-||48.137||1.034|
|NestleIndiaLtd||Equity||CONSUMER NON DURABLES||-||18.741||0.4026|
|CBLO||Cash - Collateral||-||-||113.115||2.4297|
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.
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.
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.
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.
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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