Potential Capital Appreciation

Investments can be made only in the name of your child*

 

*Minor

Tax Benefit

Contribution in the investment account can be made by all family members and friends

 

 

Lock-in Feature

Option to lock-in investments till child attains majority

New Fund Offer Opens on
April 20, 2017
New Fund Offer Closes on
May 4, 2017

Scheme reopens for continuous sale and repurchase from: May 18, 2017

Investment Objective

The Scheme seeks to generate long term capital appreciation through investments in equity and equity related instruments and also income from investing in debt and money market instrument. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Asset Allocation in normal circumstances

Instruments Indicative Allocation (% of assets) Risk Profile
Minimum Maximum High/Medium/Low
Equity and Equity related Securities 40 60 High
Equities, equity related instruments and derivatives including index futures, stock futures, index options, & stock options, etc. as part of hedged / arbitrage exposure 5 15 Medium to High
Debt, Money Market Instruments and units of mutual fund schemes 25 55 Low to Medium
When adequate arbitrage opportunities are not available and accessible in the cash and derivative market segment, the scheme will follow an alternate asset allocation as disclosed in the Scheme Information Document (SID) of the scheme. For complete asset allocation pattern and for further details, please refer SID of the scheme available here.
Benchmark: 50% CNX Nifty + 50% CRISIL Composite Bond Fund Index
Fund Manager: Ratish Varier and Rahul Pal

Investment Alternatives

Available Plans

Regular Direct (D)

 
Sub-plans under each plan
Compulsory Lock-in

Investment will be locked-in till the Beneficiary Child is 18 years of age and can be redeemed after the child is 18 years of age or after 3 years from the date of allotment, whichever is later

 
No Lock-in

Investment will not be locked-in and can be redeemed at any point of time, at NAV based price, subject to exit load.

Available Options / Sub-options/ Facilities
Sub - Plan Option Sub-option/ Facility
Growth(D) Dividend Dividend Reinvestment (D) Dividend Payout
Compulsory Lock-in
No Lock-in (D)
D- Default
 

Minimum Application and Redemption Amount / Number of Units

Purchase

Rs. 1,000/- and in multiples of Re. 1/- thereafter

Additional Purchase

Rs. 1,000/- and in multiples of Re. 1/- thereafter

Redemption

Rs. 1,000/- or 100 units or account balance, whichever is lower
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
  • Loads
  • Entry Load:Not applicable
  • Exit Load:
  • Under Compulsory Lock-in:
  • No exit load post lock-in period.
  • Under No Lock-in:
  • An Exit Load of 3% is payable if Units are redeemed / switched-out upto 1 year from the date of allotment;
  • An Exit Load of 2% is payable if Units are redeemed / switched-out after 1 year and upto 2 years from the date of allotment
  • An Exit Load of 1% is payable if Units are redeemed / switched-out after 2 years and upto 3 years from the date of allotment;
  • Nil if Units are redeemed / switched-out after 3 years from the date of allotment.

Riskometer

 

This product is suitable for investors who are seeking*:

  • Capital appreciation and income generation over medium to long term;
  • Investment in equity and equity related instruments as well as debt and money market instruments.
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
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