Fund Details
ICICI Prudential Child Care Plan Direct Study
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.73% |
| NAV | ₹72.42 (25 May 2018) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹131 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| L&T Finance Ltd. | Financial | CP | 11.3% |
| GOI | Sovereign | CGL | 10.5% |
| LIC Housing Finance Ltd. | Financial | NCD | 7.6% |
| REC Ltd. | Financial | Debenture | 7.6% |
| Indusind Bank Ltd. | Financial | CD | 7.2% |
| Magma Fincorp Ltd. | Financial | PTC | 6.3% |
| East West Pipeline Ltd. | Energy | Bonds/NCD | 4.0% |
| Hindalco Industries Ltd. | Metals | Bonds/NCD | 4.0% |
| GOI | Sovereign | GOI Sec | 3.4% |
| Motherson Sumi Systems Ltd. | Automobile | Equity | 2.4% |
Fund Managers
ICICI Prudential Child Care Plan Direct Study Details
ICICI Prudential Child Care Plan Direct Study is a Solution Oriented Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 07 Jan 2013. Rajat Chandak, Manish Banthia is the Current Fund Manager of ICICI Prudential Child Care Plan Direct Study fund.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 set to 1000. 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
The scheme seeks to invests upto 25% of your money in equity and equity related securities to leverage growth opportunities and the other 75-100% is normally invested in debt securities to seek stability to your investments.
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).
