The scheme aims at generating long-term returns and maintaining risk under control by investing around 40 to 60 percent of its assets in equities and the same in debt related instruments. Only children below 18 years of age are eligible to apply in this scheme.
This fund has moderate ups and downs compared to other equity funds but can give good returns in the very long run. Investment in this fund can be made for a horizon of at least 5 years or more for planning of goals related to children only.
Minimum Purchase Application Amount
Rs. 100.0 (plus in multiples of Rs. 100.0)
Entry Load
Not applicable
Exit Load
(i) For existing investments by investors including SIP / SWAP (SWP) registrations, etc. (until May 22, 2018) In respect of units subject to lock-in period: Nil In respect of units not subject to lock-in period:- In respect of each purchase/ witch-in of units, an exit load of 3% is payable if units are redeemed / switched-out within 1 year from the date of allotment. In respect of each purchase/ witch-in of units, an exit load of 2% is payable if units are redeemed / switched-out between 1st and 2nd year of the date of allotment. In respect of each purchase/ witch-in of units, an exit load of 1% is payable if units are redeemed / switched-out between 2nd and 3rd year of the date of allotment. No exit load is payable if units are redeemed / switched-out after 3rd year from the date of allotment. (ii) Fresh investments by investors including SIP / SWAP (SWP) registrations, etc (effective May 23, 2018): NIL
Indicative Investment Horizon
5 Years and above
Asset Allocation
Fund's historical return comparison with other asset classes
Fund Performance
Fund's historical return comparison with other asset classes
Rolling returns are the annualized returns of the scheme taken for a specified period
(rolling returns period) on every day/week/month and taken till the last day of the
duration. In this chart we are showing the annualized returns over the rolling returns
period on every day from the start date and comparing it with the benchmark. Rolling
returns is the best measure of a fund's performance. Trailing returns have a recency
bias and point to point returns are specific to the period in consideration. Rolling
returns, on the other hand, measures the fund's absolute and relative performance across
all timescales, without bias.