ICICI Prudential Child Care Fund Gift Direct Growth

ICICI Prudential Child Care Fund Gift Direct Growth

Hybrid

Direct

Children

NAV as on 02-12-2024

₹ 342.9

1.2%

1D

Inception Returns

15%

/yr

About ICICI Prudential Child Care Fund Gift Direct Growth

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. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Child Care Fund Gift Direct Growth has ₹1315 Cr worth of assets under management (AUM) as on Oct 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 15.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.95%, 18.03% and 17.63% respectively.

Holdings

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

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
21 people have invested ₹ 1.9L in ICICI Prudential Child Care Fund Gift Direct Growth in the last three months

ICICI Prudential Child Care Fund Gift Direct Growth Overview

Expense ratio1.51%
Benchmark
IISL Nifty 50 TR INR
AUM₹1315 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load0%
Lock In5 Years
TurnOver
76.19%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (02-Dec-24)

Period
ICICI Prudential Child Care Fund Gift Direct Growth
Hybrid Equity Index
1M
1.6%
-
3M
-1.5%
-
6M
6.9%
-
1Y
28.9%
-
3Y
18%
-
5Y
17.6%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 83%

  • Debt & Cash 17%

Large cap
55.6%

Mid cap
19%

Small cap
8.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Basic Materials
29.7%
Industrial
21.9%
Consumer Cyclical
14.4%
Communication
10.7%
Financial Services
10.2%
Tech
5.9%
Real Estate
5.2%
Health
1.3%
Energy
0.7%
Utilities
0.1%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.3K Cr
₹ 1.4K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.3K Cr as of Oct'24
  • AUM decreased by 78.9 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Basic Materials & Corporate

Oct'24
Government
49%
Basic Materials
30%
Corporate
25%
Sep'24
Government
42%
Basic Materials
28%
Corporate
22%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
71
67
69
Top 5 Company Concentration
22.4%
22.4%
21.7%
Company having highest exposure
Bharti Airtel Ltd (6.5%)
Bharti Airtel Ltd (8.1%)
Bharti Airtel Ltd (7.7%)
No of Sectors
12
11
11
Top 5 Sectors Concentration
140.9%
126.8%
139.3%
Sector having highest exposure
Government (49.5%)
Government (42.4%)
Government (52%)
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Lalit Kumar
Lalit Kumar
Fund Manager of ICICI Prudential Child Care Fund Gift Direct Growth, since 1 June 2022
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has experienced a 5.7% drop in AUM moving from 1.39K Cr to 1.31K Cr.
Insights icon
In the last 5 years, HDFC Childrens Gift Fund Direct Plan(Lock-in) has given 19.62% return, outperforming this fund by 1.98% per annum.
Insights icon
Over the last 6 months, this fund has increased expense ratio by 12.7% moving from 1.34 to 1.51.
Insights icon
In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 38.04% return, outperforming this fund by 9.09%.
Insights icon
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 22.71% return, outperforming this fund by 4.68% per annum.

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% since inception which is more than its category average return of 13.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 83.02% in Equity, 12.71% in Debt and 4.27% in Cash related instruments
AUM size ₹1315 Cr

AUM size ₹1315 Cr

This fund has AUM of ₹1315 Cr which is less than its category average of ₹ 1721 Cr
Expense Ratio 1.51%

Expense Ratio 1.51%

This fund has an expense ratio of 1.51% which is less than its category average expense ratio of 1.7%

Frequently Asked Questions for ICICI Prudential Child Care Fund Gift Direct Growth

The current NAV of ICICI Prudential Child Care Fund Gift Direct Growth is ₹342.9 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
ICICI Prudential Child Care Fund Gift Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.64%
1.64%
6 Month Returns
6.9%
6.9%
1 Year Returns
28.95%
28.95%
3 Years Returns
64.44%
18.03%
5 Years Returns
125.25%
17.63%
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1.51% as on November 2024
₹1315 Cr as on November 2024
Bharti Airtel Ltd(6.55%), UltraTech Cement Ltd(5.61%), InterGlobe Aviation Ltd(4.55%), 7.53% Govt Stock 2034(4.51%), JSW Steel Ltd(3%) as on November 2024
Basic Materials(24.65%), Industrial(18.21%), Consumer Cyclical(12%) as on November 2024
AAA
71.54
AA
23.46
A
5
Lalit Kumar is the fund manager of ICICI Prudential Child Care Fund Gift Direct Growth
The Exit load of ICICI Prudential Child Care Fund Gift Direct Growth is 0%