ICICI Prudential Child Care Fund Gift Direct Growth

Hybrid
Direct
Children
ICICI Prudential Child Care Fund Gift Direct Growth

About the Fund

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 Chandni Gupta, Lalit Kumar. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Child Care Fund Gift Direct Growth has ₹1267 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

ICICI Prudential Child Care Fund Gift Direct Growth has given a CAGR return of 15.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.46%, 21.22% and 17.41% respectively.

Holdings

ICICI Prudential Child Care Fund Gift Direct Growth has allocated its funds majorly in Government, Basic Materials, Cash Equivalent, Industrial, Corporate, Consumer Cyclical, Financial Services, Communication, Health, Real Estate, Energy, Tech.

Taxation

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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of ICICI Prudential Child Care Fund Gift Direct Growth

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 and lockin period

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

Fund Performance
zero opening, trading, fund transfer fee
18 people have invested ₹ 65.5K in ICICI Prudential Child Care Fund Gift Direct Growth in the last three months

Fund Overview

Expense ratio1.47%
Benchmark
IISL Nifty 50 TR INR
AUM₹1267 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load0%
Lock In5 Years
TurnOver
76.19%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 80.6%

  • Debt & Cash 19.4%

Large cap
49.1%

Mid cap
22.6%

Small cap
9%

Sector Allocation

May'24

Apr'24

Mar'24

Basic Materials
25.1%
Industrial
17.8%
Consumer Cyclical
15.4%
Financial Services
11.7%
Communication
10.3%
Health
8.3%
Real Estate
5.4%
Energy
4.7%
Tech
1.5%
All changes are between Oct'69 and Dec'69

Chandni Gupta
Chandni Gupta
Fund Manager of ICICI Prudential Child Care Fund Gift Direct Growth, since 12 June 2023
Lalit Kumar
Lalit Kumar
Fund Manager of ICICI Prudential Child Care Fund Gift Direct Growth, since 1 June 2022

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has increased expense ratio by 9.7% moving from 1.34 to 1.47.
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In the last 5 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 19.61% return, outperforming this fund by 2.2% per annum.
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In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 33.59% return, outperforming this fund by 12.37% per annum.
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In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 43.63% return, outperforming this fund by 0.17%.
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This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 1.47% which is lower than the category average expense ratio of 1.52%.

ICICI Prudential Child Care Fund Gift Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.35% since inception which is more than its category average return of 13.19%
Fund Allocations

Fund Allocations

This fund has an allocation of 80.63% in Equity, 15.49% in Debt and 3.88% in Cash related instruments
AUM size ₹1267 Cr

AUM size ₹1267 Cr

This fund has AUM of ₹1267 Cr which is less than its category average of ₹ 1579 Cr
Expense Ratio 1.47%

Expense Ratio 1.47%

This fund has an expense ratio of 1.47% which is less than its category average expense ratio of 1.71%

Frequently Asked Questions

The current NAV of ICICI Prudential Child Care Fund Gift Direct Growth is ₹333.44 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
ICICI Prudential Child Care Fund Gift Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.87%
3.87%
6 Month Returns
21.14%
21.14%
1 Year Returns
43.46%
43.46%
3 Years Returns
78.13%
21.22%
5 Years Returns
123.14%
17.41%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.47% as on May 2024
₹1267 Cr as on May 2024
Bharti Airtel Ltd(7.14%), 7.18% Govt Stock 2033(6.37%), UltraTech Cement Ltd(5.22%), 8% Govt Stock 2034(4.63%), Lupin Ltd(4.01%) as on May 2024
Basic Materials(20.26%), Industrial(14.33%), Consumer Cyclical(12.38%) as on May 2024
AAA
82.03
AA
13.65
A
4.32
Chandni Gupta, Lalit Kumar are the fund managers of ICICI Prudential Child Care Fund Gift Direct Growth
The Exit load of ICICI Prudential Child Care Fund Gift Direct Growth is 0%