Category: Childrens Fund |
Launch Date: 12-07-1993 |
Asset Class: Mixed Asset |
Benchmark: CRISIL Short Term Debt Hybrid 60+40 Index |
Expense Ratio: 1.74% As on ( 31-03-2025) |
Status: Open Ended Schemes |
Minimum Topup: 1000.0 |
Total Assets: 4,457.19 Cr As on ( 31-03-2025) |
Turn over: 26 |
Sunil Madhukar Patil, Vishal Chopda
An open-ended debt oriented fund with investment in Debt/G-Sec of minimum 60% and a maximum of 40% in Equity. Investment can be made in the name of the children upto 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.