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 registrations, etc (until May 22, 2018) In respect of units subject to lockin period: NilIn case of Units not subject to Lock-in Period: - 3% if the Units are redeemed / switched-out within one year from the date of allotment.- 2% if the Units are redeemed / switched-out between first and second year of the date of allotment.- 1% if the Units are redeemed / switched-out between second and third year of the date of allotment.- Nil if the Units are redeemed / switched-out after third year from the date of allotment (ii) Fresh investments by investors including SIP/ SWAP 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.