Interested in financial products
Processing

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.


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 HouseICICI Prudential Mutual Fund
Launch DateAug 31, 2001
BenchmarkNIFTY 50 Hybrid Composite Debt 65:35
RiskometerModerately High
Risk GradeAbove Average
Return GradeAverage
Turnover50%
TypeOpen-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 Cheques6
Minimum Withdrawal (R)500
Minimum Balance (R)-
Exit Load (%)0

 YTD1-Month3-Month1-Year3-Year5-Year10-Year
Fund0.35-0.16-7.57-3.664.386.6212.16
VR Balanced TRI1.880.04-7.34-1.878.277.489.56
Category-1.040.38-6.33-4.625.057.2910.57
Rank within Category1534362118154
Number of funds in category39434136292421

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 onInvestmentsLatest ValueAbsolute ReturnsAnnualized Returns
1 Year05-Sep-181200011818.82-1.51 %-2.77 %
2 Year05-Sep-172400024036.430.15 %0.15 %
3 Year02-Sep-163600037593.874.43 %2.83 %
5 Year05-Sep-14600006946615.78 %5.79 %
10 Year04-Sep-09120000210151.275.13 %10.79 %

NAV as on 5th September 2019


Top Equity Holdings

CompanySectorPE3Y High3Y Low% Assets
InfosysTechnology22.7810.050.0010.05
HDFCFinancial33.139.110.008.66
Axis BankFinancial31.829.460.007.66
State Bank of IndiaFinancial30.288.410.006.56
NTPCEnergy10.379.720.006.03
HDFC BankFinancial27.736.280.005.35
Bharti AirtelCommunication0.006.330.004.22
Sun Pharmaceutical Inds.Healthcare34.025.070.003.64
TVS Motor Co.Automobile26.484.720.002.99
Nestle IndiaFMCG71.955.000.002.18

Top Debt Holdings

CompanyInstrumentCredit Rating1Y Range% Assets
Embassy Office Parks REIT 2022Non-Convertible DebentureAAA0.00 - 5.025.02
8.15% National Bank Agr. Rur. Devp 2022DebentureAAA0.00 - 4.094.09
8.03% Power Finance Corp. 2026BondsAAA0.00 - 4.074.07
7.93% LIC Housing Fin. 2019Non-Convertible DebentureAAA1.54 - 1.691.63
7.59% REC 2020DebentureAAA1.54 - 1.691.63
7.9% Nirma 2020DebentureAA0.00 - 1.611.61
8.8% REC 2020BondsAAA0.00 - 1.611.61
10.25% Sikka Ports and Terminals 2021DebentureAAA0.80 - 0.870.84
8.5% NHPC 2024Bonds/DebenturesAAA0.47 - 0.510.51
8.7% Power Grid Corporation 2023BondsAAA0.24 - 0.260.26

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.

PlansNAV (Rs)
Growth134.17

There is a 0.22% change from previous, NAV as on Sep 05, 2019


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.

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.

×Thank you! Your comment will be reviewed and posted shortly.

Write a review

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.