Kids College In 10 Years+0.3%

0.9%
1 Year Return
Hybrid
Multi Cap
5.0 star
1Y
3Y
5Y

Funds in this Plan

Fund NamePercentageRatingExpense RatioMin SIP Amount
Kotak Select Focus Fund - Regular - Growth33.3%3 star2.03%500
Quantum Long-Term Equity Fund - Growth33.3%3 star1.29%500
ICICI Prudential Balanced - Growth33.3%4 star1.94%100

Description

Purpose: Invest in this portfolio if you are a young parent and want to save for your kid's education. It is equity oriented portfolio with a time horizon of 10 years.

Ideal way of investing: SIP (systematic investment plan)

How much to invest: Find out how much money you will need - divide it by 250. Example: For 1 Cr in 10 years, start SIP of Rs 40,000 (assuming ~12% annual returns)

Ideal investment duration: 10+ years

Rationale: Since investment duration is 10+ years, it is primarily an equity portfolio. Diversified across multi-cap fund, large cap and balanced fund to keep it at moderate risk level. Chose Kotak Select Focus for multi-cap because it has the most consistent track record. Quantum Long Term Equity for Large Cap because it has lowest expense ratio in the category. For the Balanced fund, we chose ICICI Prudential Balanced Fund because of its track record of 10 years and better risk-adjusted returns.

Returns
Fund
1Y
3Y
5Y
Kids College In 10 Years
0.9%
12.6% p.a
17.1% p.a

SIP Calculator

I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 0.9% annual returns

    Other Details

    Kids College In 10 Years

    RiskModerately High
    Min SIP Amount₹3000
    Created ByLalit
    Expense Ratio1.84%
    Min Lumpsum Amount₹15000
    Created4 Apr 2017
    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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