NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential Child Care Fund (Gift Plan) for NRI [314.80]

Min Investment

5,000

Fund Size

1,319.77 Cr

Expense Ratio

2.2%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

314.80

0.03%

NAV as on 18 Dec 24, 12:00 AM

very high risk

children

equity

NAV as on 18 Dec 24, 12:00 AM

very high risk

children

equity

20.47%p.a.

Last 1Y

16.66%p.a.

Last 3Y

16.23%p.a.

Last 5Y

15.91%p.a.

Since Inception

About ICICI Prudential Child Care Fund (Gift Plan) for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Child Care Fund (Gift Plan) scheme from ICICI Prudential Asset Management Company Limited. It is a Children mutual fund scheme that predominantly invests in Children stocks of companies. Launched on Aug 2001, ICICI Prudential Child Care Fund (Gift Plan) is Children fund of its category with 1,319.77 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Children funds.

  • ICICI Prudential Child Care Fund (Gift Plan) delivered 20.5% annual returns during the last year. It has delivered 15.9% average annual returns since the fund was launched.
  • ICICI Prudential Child Care Fund (Gift Plan) scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

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.

Top 10 Holdings

Bharti Airtel Ltd

5.71%

UltraTech Cement Ltd

5.66%

Tech Mahindra Ltd

5.07%

InterGlobe Aviation Ltd

4.90%

7.53% Govt Stock 2034

4.49%

Mahindra & Mahindra Ltd

3.41%

JSW Steel Ltd

3.00%

Info Edge (India) Ltd

2.77%

7.18% Govt Stock 2033

2.71%

Adani Ports & Special Economic Zone Ltd

2.71%

Fund Managers

  1. Lalit Kumar (Jun 2022 - Present)
  2. Sharmila D’mello (Jun 2022 - Present)
  3. Darshil Dedhia (Jan 2024 - Present)
  4. Rohit Lakhotia (Jun 2023 - Present)

Key Information

View Scheme Document

ICICI Prudential Child Care Fund (Gift Plan) SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on ICICI Prudential Child Care Fund (Gift Plan)

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential Child Care Fund (Gift Plan)?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Child Care Fund (Gift Plan)
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions