Child Care Plan, Child Care Investments, Child Care Funds- ICICI Pruamc

ICICI Prudential Mutual Fund

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ICICI Prudential Child Care Plan

Give Your Child the license to dream

Your child wants to be a surgeon one day, an astronaut the next day and may be a fashion designer the day after. So small - yet children dream so big, even if the dream changes everyday!. Education, however, is fast becoming a very expensive proposition for which you need to start planning from today. Even as your child takes off on his/her flights of fancy, you need to be firmly rooted on the ground, managing your financial resources so as to give your child the best education. ICICI Prudential Child Care Plan is an investment instrument specially designed to help you give your child a head start in life. It offers two options - Gift and Study , for the differing needs of parents with children in differing age groups.

Gift Option (Suitable if your child is in age group of 1-13 years.) Study Option (Suitable if your child is in age group of 13-17 years.)

ICICI Prudential Child Care Plan - Gift Option

Investment Philosophy

Top

This plan normally invests 65-100% of your money in equity and equity related securities. The other 0-35% is normally invested in debt securities to seek stability to your investments.

Debt	Equity

Benefits

ICICI Prudential Child Care Plan - Gift offers the following key benefits:

Scholarship Program: We have specially designed a scholarship programme to provide financial assistance to deserving and meritorious students to pursue their higher education.

Personal Accident Cover (for resident applicants): Till your child attains the age of 18 or till units are redeemed (whichever is earlier), you as her parent / legal guardian will be eligible for a Personal Accident Cover equivalent to 10 times the value of the Units you have purchased (value at purchase price) subject to a maximum of limit of Rs. 5 lakhs.

Performance

See performance for the fund in the graph below:

Investor Profile

This fund is ideal for:

Consider this plan if your child is in the age group of 1-13 years and you are looking to save over a long term horizon.

A simple but sensible way to invest in equity is through the ICICI Prudential SIP.

Key Features

Key Features	ICICI Prudential Child Care Plan - Gift
Type	Open ended fund ( Gift Plan)
Investment Pattern	Equity & Equity related securities 65% to 100%, Debt Securities, Money Market Instruments, Securitised Debt & Cash (including money at call) 0% to 35%.
Investment Objective	To generate capital appreciation by creating a portfolio that is invested in equity and equity related securities and debt and money market instruments.
Options	Cumulative Option
Default Option	Cumulative Option
Application Amount	Rs. 5,000/-, additional in multiples of Re.1
Min. Additional Investment	Rs.1000/-
Entry Load	2.50% of the applicable NAV
Exit Load	A) Lumpsum Investment Option : (a) 1.00% if investment is redeemed within 3 years.(b) Nil if investment is redeemed after 3 years but before the Beneficiary Child attains the age of 18. B) SIP/STP Option :(a) 1.5% of applicable NAV if the amount sought to be redeemed or switched out is invested upto 1 year from the date of allotment.(b) 1% of applicable NAV if the amount sought to be redeemed or switched out is invested more than 1 year but upto 3 years from the date of allotment.
Redemption Cheques Issued	Normally Within 3 business days
Minimum Redemption Amt.	Rs.1000/-
Systematic Investment Plan	Monthly: Minimum Rs. 1000 + 5 post-dated cheques for a miminum of Rs. 1000 each. Quarterly: Minimum Rs.5000 + 4 post-dated cheques of Rs. 5000 each.
Systematic Withdrawal Plan	Minimum of Rs 500 and multiples thereof.
Recurring Expenses
Investment Mangmt. Exp.	1.25%
Other Recurring Expenses	1.25%
Total	2.50%

ICICI Prudential Child Care Plan - Study Option