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Mutual Fund Review – ICICI Pru Child Care Plan

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Name of the Fund: ICICI Pru Child Care Plan – Study (G)

Crisil Rank: NA

Category: Hybrid – Debt

Expense Ratio: 1.49%

Risk Level: Below Average

Benchmark: Crisil MIP Blended

Objective:  To generate regular returns and capital appreciation respectively through investments in debt and money market instruments and equity and equity related instruments.

Returns (Annualized)


Our Review

ICICI Pru Child Care Plan (g) has made its inception in the year 2001. It has managed to comprehensively beat the benchmark index i.e. Crisil MIP blended index in the 1, 3 and 5 year returns. Top 5 equity holdings of the fund include Natco Pharma, Motherson Sumi Systems, Amara Raja Batteries, Balkrishna Industries and Supreme Industries.

This fund invests 65-100% of your money in equity and equity related securities to leverage growth opportunities and the other 0-35% is normally invested in debt securities to seek stability to your investments. Low expense ratio and high returns on a consistent basis make the fund a winner. Apart from this, the fun also offers personal accident cover up to 10 times the value of the units purchased, with upper limit of Rs. 5 lakh.

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