ICICI Prudential Child Care Plan Direct Study is a Solution Oriented Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 07 Jan 2013. Rajat Chandak, Manish Banthia is the Current Fund Manager of ICICI Prudential Child Care Plan Direct Study.The fund currently has an Asset Under Management(AUM) of ₹131 Cr and the Latest NAV as of 25 May 2018 is ₹72.42.
The ICICI Prudential Child Care Plan Direct Study is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 3% if redeemed within 1 year, 2% redeemed between first year and second year and 1% redeemed between second year and third year from the date of allotment.
Investment Objective
To generate income by creating a portfolio that is invested in debt, money market instruments and equity and equity related securities.
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
Exit load of 3% if redeemed within 1 year, 2% redeemed between first year and second year and 1% redeemed between second year and third year from the date of allotment
Exit Load