Best Children's Benefit Plan

1. SBI Magnum Children's Benefit Fund.

Investment Plan: The Scheme is Equity-oriented with the flexibility to invest the equity component in the range of 65%-100% of the total net assets.

Assimilation of best ideas, high conviction, blend of small and midcaps and macro views to construct the final portfolio.

Ideal for child aged 1-14 years, for growth opportunities over the long-term.

Savings Plan: The scheme is Debt-oriented with the flexibility to invest the debt component in the range of 75%-100% of the total net assets.

Debt component is actively managed with predominant investment in high quality papers rated AAA/Sovereign and equivalent.

Ideal for a child aged 14-18 years.

2. Axis Children's Gift Fund

Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth 
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark)

Positioning : Equity & Equity Related Instruments (65-80%)

Fixed Income (20-35%)

Capital Appreciation

Provide income from debt

Generate income by investing in fixed income along with long-term capital appreciation through investments in equity & equity related instruments

About the Fund

An open ended fund, for investment for children

5 year lock-in or till the child attains age of majority (whichever is earlier)

Investments can be made only in the name of a minor child (Child should be less than 18 years of age on the date of investment)

Investors/applicans could be parents, step-parents or grandparents, adult relatives, friends (including NRIs & PIOs) or HUF 

Investment Strategy 

Fixed Income Strategy (20-35%)

 

• Flexibility to invest in the entire range of debt instruments across the yield curve Equity Strategy (65-80%) 

• Focus on building a diversified portfolio of strong growth companies

• Active management with bottom-up stock selection strategy

Why Invest? 

Goal planning benefit: It is a great way to plan for your child's education or any other goal that he / she wants to pursue. 

Benefit of long-term investments: With the option of a longer holding period, you can have more time for the money to grow. 

Asset Allocation Benefit: 

Money is invested in equities, therefore it holds great potential for long-term wealth creation. 

Since a portion of money is also invested in debt & money market instruments, it gives the much-needed cushion in terms of relatively less volatility.

3. ICICI Prudential Child Care Fund (Gift Plan)

An open ended fund for investing for children having lock-in for at least 5 years or till child attains age of majority (whichever is earlier) 

About the Scheme : Launched on August 31, 2001, ICICI Prudential Child Care Fund (Gift Plan) is an open ended fund for investment for children having lock-in for at least 5 years or till the child attains age of majority (whichever is earlier) The Scheme is designed to help the investor give the child a head start in life by leveraging the opportunities and dynamism of equity and debt markets

Current Investment Strategy : 

Equity:

 High Conviction - The fund manager invests in securities based on high conviction. 

 Blend of large, mid and small-cap stocks – The scheme shall invest across market capitalisation with equity allocation in the range of 65-100%. While the large cap stocks represent established enterprises with track record, the small and midcaps are growing businesses with long-term growth potential. The allocation is decided on a tactical basis rather than any predefined ratio.

 Combination of bottom-up and top-down approach - Stock-picking is generally through bottom-up approach, seeking to identify companies that have above-average profitability and are supported by sustainable competitive advantages. The scheme also uses top-down approach for risk control through sectoral diversification. 

Debt:  The Scheme also invest in debt securities and money market instruments with an aim to generate accrual income and potential capital appreciation. The scheme has the flexibility of moving up to 35% in the debt securities if the risk-reward ratio is favourable to such allocation. 

Why ICICI Prudential Child Care Fund (Gift Plan)?

 The scheme is suitable for investors who wish to invest across market caps.

  Investors who are willing to make a long-term investment for investment for children to capture opportunities both in equity and debt markets can consider investing in this scheme.

Investment Strategy  Debt Credit Quality High Medium Low Duration Low Short Medium Medium to Long Long

The scheme invests across market capitalisation 

Combination of bottom-up and top-down approach 

Opportunistically Invests in Debt securities and money market instruments

Returns as per Date 18.01.2020
Fund Name	Category	AUM (In crs)	Return % Date of 18.01.22
			1Y	3Y	5Y	SI
SBI Magnum Childrens Benefit Fund - Investment Plan	Speciality- Child Care	382.14	88.81	--	--	99.13
Axis Childrens Gift Fund	Speciality- Child Care	732.19	29.67	19.98	15.53	13.47
ICICI Prudential Child Care Fund (Gift Plan)	Speciality- Child Care	873.13	21.86	14.06	12.51	15.89
SBI Magnum Childrens Benefit Fund - Savings Plan	Speciality- Child Care	87.16	19.16	11.94	11.51	10.81
LIC MF Childrens Gift Fund	Speciality- Child Care	14.08	17.17	15.18	9.33	4.64