ICICI Prudential Child Care Gift Fund Direct Plan is a Solution Oriented Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Manish Banthia, George Heber Joseph is the Current Fund Manager of ICICI Prudential Child Care Gift Fund Direct Plan.The fund currently has an Asset Under Management(AUM) of ₹622 Cr and the Latest NAV as of 18 Oct 2019 is ₹146.73.
The ICICI Prudential Child Care Gift Fund Direct Plan is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To generate income by creating a portfolio that is invested in equity and equity related securities and debt, money market instruments.
Tax Implications
If average equity holding is >65%, returns are taxed at 15% (redeemed before one year) and 10% (After 1 year as per LTCG). If average equity holding is <65%, returns are taxed as per your Income Tax slab (redeemed before 3 years) and 20% with indexation benefit (post 3 years).
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment