Category: Childrens Fund |
Launch Date: 17-02-2004 |
Asset Class: Mixed Asset |
Benchmark: NIFTY 500 TRI |
Expense Ratio: 2.78% As on (31-03-2022) |
Status: Open Ended Schemes |
Minimum Investment: 1000.0 |
Minimum Topup: 1000.0 |
Total Assets: 611.96 Cr As on (30-04-2022) |
Turn over: 23% | Exit Load: Nil |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment can be made in the name of the children upto the age of 15 years so as to provide them, after They attain the age of 18 years, a means to receive scholarship to meet the cost of higher education and /or to help them in setting up a profession, practice or business or enabling them to set up a home or finance the cost of other social obligation.
Volatility | 13.53 |
Sharp Ratio | 0.83 |
Alpha | -6.25 |
Beta | 0.84 |
Yield to Maturity | - |
Average Maturity | - |
Scheme having a lock-in for at least 5 years or till the child attains age of majority whichever is earlier.
Small Cap
18.13%
Others
4.22%
Large Cap
57.42%
Mid Cap
20.21%
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund