Your current browser might not support few of our features. For a better view and experience please update your browser to IE 8 and above.

Child Care Plan | Balanced Mutual Fund Scheme - ICICI Prudential Mutual Fund

ICICI Prudential Child Care Plan (Study Plan)

For your child between 13 - 17 years and on the threshold of higher studies.

All our dreams can come true, if we plan for and pursue them. And we need to remember that our dreams are linked to our children's aspirations. A surgeon today, an astronaut tomorrow and may be a fashion designer the day after. We must always encourage them to dream big.


ICICI Prudential Child Care Plan, an open-ended fund, is an investment instrument specially designed to help you give your child a head start in life by leveraging the opportunities and dynamism of equity and debt markets. It offers two options -

  • 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.)

Schemes - ICICI Prudential Child Care Plan (Study Plan)

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

To seek generation of current income by creating a portfolio that is invested in debt, money market instruments and equity and equity related securities.

Key Features

Key Benefits

  • The scheme aims to invest 75% to 100% in fixed income securities, money market instruments, securitized debt and cash, with G-Sec and corporate securities comprising a major part of the debt component.
  • The balance up to 25% is invested in equity which seeks to provide potential capital appreciation.

Who should invest?

  • Long term regular income solution
  • A hybrid fund that seeks to generate income by investing in debt, money market instruments and equity and equity related securities.
Scheme Features
Type Open-ended Fund
Underlying
ISIN
NSE Symbol & BSE Scrip ID
BSE Scrip Code
Pricing
Application size - Directly with AMC
Application size through NSE & BSE
Entry Load Not applicable
Exit Load ● 3% of the applicable Net Asset Value (NAV) - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out within one year from the date ofallotment.
● 2% of the applicable NAV - If units purchased or switched in from another Scheme of the Fund are  redeemed or switched out between the first year and
second year from the date of allotment.
● 1% of the applicable NAV - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out between second year and third year from the date of allotment.
● NIL - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out after three years from the date of allotment
Authorized Participant

Fund Manager

Equity : Mr. Rajat Chandak
Debt : Mr. Manish Banthia

    

Other Links