Hybrid
Direct
Children
NAV as on 06-09-2024
₹ 345.66
1D
Inception Returns
15.4%
/yr
ICICI Prudential Child Care Fund Gift Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Lalit Kumar, Chandni Gupta. This fund gives you the benefit of diversification.
ICICI Prudential Child Care Fund Gift Direct Growth has given a CAGR return of 15.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.01%, 19.20% and 19.28% respectively.
ICICI Prudential Child Care Fund Gift Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Basic Materials, Industrial, Corporate, Consumer Cyclical, Financial Services, Communication, Real Estate, Energy, Health, Tech.
As it is a children mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The primary investment objective of the Gift Plan is to seek generation of capital appreciation by creating a portfolio that is invested in equity and equity related securities and debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. There is a lock in period for ICICI Prudential Child Care Fund Gift Direct Growth of 5 Years
Expense ratio | 1.45% |
Benchmark | IISL Nifty 50 TR INR |
AUM | ₹1364 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0% |
Lock In | 5 Years |
TurnOver | 76.19% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Government, Basic Materials & Industrial
ICICI Prudential Child Care Fund Gift Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.44% | 4.44% |
6 Month Returns | 14.49% | 14.49% |
1 Year Returns | 37.01% | 37.01% |
3 Years Returns | 69.35% | 19.2% |
5 Years Returns | 141.42% | 19.28% |
AAA | 77.49 |
AA | 17.07 |
A | 5.44 |