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What is ICICI Prudential Child Care Plan?
The ICICI Prudential Child Care Plan is an open-ended fund for investment aimed at savings for children. It has a lock-in period of at least 5 years or till the child attains the age of majority, whichever is earlier. This plan is suitable for those who are seeking long term wealth creation solution. It is a diversified equity fund that aims to generate capital appreciation by investing in equity and equity-related securities.
ICICI Prudential Child Care Plan
Features and Benefits of ICICI Prudential Child Care Plan
Some of the main features and benefits of ICICI Prudential Child Care Plan are as follows:
- It is a diversified equity fund that aims to generate capital appreciation by investing in equity and equity-related securities.
- ICICI Prudential Child Care Plan is suitable for those who are seeking long term wealth creation solution.
- TRiskometer: moderately high
Fund details
| Fund House | ICICI Prudential Mutual Fund |
|---|---|
| Launch Date | Aug 31, 2001 |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 |
| Riskometer | Moderately High |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 50% |
| Type | Open-ended |
| Return since Launch: | 15.52% |
| Minimum Investment (R) | 5,000 |
| Minimum Additional Investment (R) | 1,000 |
| Minimum SIP Investment (R) | 100 |
| Minimum No of Cheques | 6 |
| Minimum Withdrawal (R) | 500 |
| Minimum Balance (R) | - |
| Exit Load (%) | 0 |
ICICI Prudential Child Care Plan Performance
| YTD | 1-Month | 3-Month | 1-Year | 3-Year | 5-Year | 10-Year | |
|---|---|---|---|---|---|---|---|
| Fund | 0.35 | -0.16 | -7.57 | -3.66 | 4.38 | 6.62 | 12.16 |
| VR Balanced TRI | 1.88 | 0.04 | -7.34 | -1.87 | 8.27 | 7.48 | 9.56 |
| Category | -1.04 | 0.38 | -6.33 | -4.62 | 5.05 | 7.29 | 10.57 |
| Rank within Category | 15 | 34 | 36 | 21 | 18 | 15 | 4 |
| Number of funds in category | 39 | 43 | 41 | 36 | 29 | 24 | 21 |
Please note that past performance of a mutual fund may not be a guarantee of future results. However, if you know how to analyze fund performance and know what to look for, you can make better investment decisions. This increases the odds that future performance will meet or exceed your expectations.
SIP Performance
| Period Invested for | ₹1000 SIP Started on | Investments | Latest Value | Absolute Returns | Annualized Returns |
|---|---|---|---|---|---|
| 1 Year | 05-Sep-18 | 12000 | 11818.82 | -1.51 % | -2.77 % |
| 2 Year | 05-Sep-17 | 24000 | 24036.43 | 0.15 % | 0.15 % |
| 3 Year | 02-Sep-16 | 36000 | 37593.87 | 4.43 % | 2.83 % |
| 5 Year | 05-Sep-14 | 60000 | 69466 | 15.78 % | 5.79 % |
| 10 Year | 04-Sep-09 | 120000 | 210151.2 | 75.13 % | 10.79 % |
NAV as on 5th September 2019
ICICI Prudential Child Care Plan – Portfolio
Top Equity Holdings
| Company | Sector | PE | 3Y High | 3Y Low | % Assets |
|---|---|---|---|---|---|
| Infosys | Technology | 22.78 | 10.05 | 0.00 | 10.05 |
| HDFC | Financial | 33.13 | 9.11 | 0.00 | 8.66 |
| Axis Bank | Financial | 31.82 | 9.46 | 0.00 | 7.66 |
| State Bank of India | Financial | 30.28 | 8.41 | 0.00 | 6.56 |
| NTPC | Energy | 10.37 | 9.72 | 0.00 | 6.03 |
| HDFC Bank | Financial | 27.73 | 6.28 | 0.00 | 5.35 |
| Bharti Airtel | Communication | 0.00 | 6.33 | 0.00 | 4.22 |
| Sun Pharmaceutical Inds. | Healthcare | 34.02 | 5.07 | 0.00 | 3.64 |
| TVS Motor Co. | Automobile | 26.48 | 4.72 | 0.00 | 2.99 |
| Nestle India | FMCG | 71.95 | 5.00 | 0.00 | 2.18 |
Top Debt Holdings
| Company | Instrument | Credit Rating | 1Y Range | % Assets |
|---|---|---|---|---|
| Embassy Office Parks REIT 2022 | Non-Convertible Debenture | AAA | 0.00 - 5.02 | 5.02 |
| 8.15% National Bank Agr. Rur. Devp 2022 | Debenture | AAA | 0.00 - 4.09 | 4.09 |
| 8.03% Power Finance Corp. 2026 | Bonds | AAA | 0.00 - 4.07 | 4.07 |
| 7.93% LIC Housing Fin. 2019 | Non-Convertible Debenture | AAA | 1.54 - 1.69 | 1.63 |
| 7.59% REC 2020 | Debenture | AAA | 1.54 - 1.69 | 1.63 |
| 7.9% Nirma 2020 | Debenture | AA | 0.00 - 1.61 | 1.61 |
| 8.8% REC 2020 | Bonds | AAA | 0.00 - 1.61 | 1.61 |
| 10.25% Sikka Ports and Terminals 2021 | Debenture | AAA | 0.80 - 0.87 | 0.84 |
| 8.5% NHPC 2024 | Bonds/Debentures | AAA | 0.47 - 0.51 | 0.51 |
| 8.7% Power Grid Corporation 2023 | Bonds | AAA | 0.24 - 0.26 | 0.26 |
ICICI Prudential Child Care Plan NAV
The NAV or the Net asset value represents a fund's per share market value. It is the price at which investors buy fund shares from a fund company and sell them to a fund company.
| Plans | NAV (Rs) |
|---|---|
| Growth | 134.17 |
There is a 0.22% change from previous, NAV as on Sep 05, 2019
How to invest in ICICI Prudential Child Care Plan?
Investing in ICICI Prudential Child Care Plan is straightforward. There are several ways of doing this:
Online:
- You can simply click on the “Invest Now” option on their official website, where after you will be prompted for your basic information, like name, mobile number, and PAN number. You will need to fill up the one-time registration form to complete the process.
Offline:
- You may approach any of the ICICI Mutual Fund offices and submit the relevant forms and documents to proceed with the application process. Alternatively, you may also approach third party dealers for applying to this scheme. However, make sure that the dealer is genuine as there are a lot of fraudulent dealers.
Request for a callback:
- You can request for a call back by entering your contact details (name and phone number) on their contact form whereupon an expert will get in touch with you to further discuss your investment options.
Email:
- You can email their customer service on the email address listed on their website for more information.
Tollfree number:
- You can call their toll-free number listed on their official website and talk to an expert.
Chat:
- You can also chat with an online assistant using the chat option on their website and have your questions addressed.
FAQs: ICICI Prudential Child Care Plan
1. What is ICICI Prudential Child Care Plan?
ICICI Prudential Child Care Plan is an open-ended Equity Large Cap scheme.
2. Who is it suitable for?
The fund is a good offering for high-risk investors looking to invest in a higher degree of volatility. It is moderately high risk on the riskometer.
3. How do I apply for ICICI Prudential Child Care Plan offline?
You may approach any of the ICICI Mutual Fund offices and submit the relevant forms and documents to proceed with the application process. You may also approach third party dealers for applying to this scheme.
4. What is NAV?
The NAV or the Net asset value represents a fund's per share market value. It is the price at which investors buy fund shares from a fund company and sell them to a fund company.
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