NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹299.16
0.24%
NAV as on 17 Nov 24, 12:00 AM
very high risk
children
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
children
equity
28.82%p.a.
Last 1Y
14.50%p.a.
Last 3Y
16.51%p.a.
Last 5Y
15.95%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 1,314.85 Cr fund under management as on Nov 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 28.8% 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
6.55%
UltraTech Cement Ltd
5.61%
InterGlobe Aviation Ltd
4.55%
7.53% Govt Stock 2034
4.51%
JSW Steel Ltd
3.00%
7.18% Govt Stock 2033
2.72%
Ambuja Cements Ltd
2.71%
Jindal Stainless Ltd
2.48%
Larsen & Toubro Ltd
2.38%
Tech Mahindra Ltd
2.33%
Fund Managers
- Lalit Kumar (Jun 2022 - Present)
- Sharmila D’mello (Jun 2022 - Present)
- Darshil Dedhia (Jan 2024 - Present)
- Rohit Lakhotia (Jun 2023 - Present)
Key Information
View Scheme Document
ICICI Prudential Child Care Fund (Gift Plan) SIP Calculator
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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 Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% 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
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