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Among the 11 children's funds in the solution-oriented mutual fund category, ICICI Pru Child Care Fund-Gift Plan has stood out with impressive returns of 44%. Following closely behind are SBI Magnum Children's Benefit Fund-Investment Plan and Aditya Birla SL Bal Bhavishya Yojna, which have delivered returns of 39.35% and 35.25%, respectively.
ICICI Pru Child Care Fund-Gift Plan focuses on funding children's education with high returns. A Rs 10,000 monthly SIP grew to Rs 1.90 crore since its inception on August 31, 2001, outperforming category returns. It blends equity and debt instruments, with notable exposure in telecom services.
ICICI Pru Child Care Fund-Gift Plan focuses on funding children's education with high returns. A Rs 10,000 monthly SIP could grow to Rs 1.90 crore, outperforming category returns. It blends equity and debt instruments, with notable exposure in telecom services.