ICICI Prudential Child Care plan

P R E S E N T E D B Y: J AYAT I B H A S I N MBA HONS FINAL(46)

Meaning
ICICI Prudential Child Care Plan, an open-ended fund, is an investment instrument specially designed to help you give your child a head start in life by leveraging the opportunities and dynamism of equity and debt markets. It offers two options
Gift Option - (Suitable if your child is in age

group of 1-13 years.)

Study Option - (Suitable if your child is in age

group of 13-17 years.)

Investment Philosophy
This fund is invests 65-100% of your money in equity and equity related securities to leverage growth opportunities and the other 0-35% is normally invested in debt securities to seek stability to your investments. Fund Manager:Rajat Chandak

Key Benefits
Personal Accident Cover (for resident applicants) Till your child attains the age of 18 or till units are redeemed (whichever is earlier), you as his / her parent / legal guardian will be eligible for a Personal Accident Cover equivalent to 10 times the value of the Units you have purchased (value at purchase price) subject to a maximum of limit of Rs. 5 lakh..

Key Features
Type

Open-ended Fund Plans Regular & Direct Options Growth and Dividend Default Option Cumulative Option Application Amount Rs.5000 (plus in multiples of Rs.1) Min. Additional Investment Rs.1000 (plus in multiples of Re.1) Entry Load Nil.

 Exit Load

1.00% if investment is redeemed within 3 years.Nil if investment is redeemed after 3 years but before the Beneficiary Child attains the age of 18. Redemption Cheques Issued Generally Within 3 business day for Specified RBI locations and additional 3 Business Days for NonRBI locations. Minimum Redemption Amt. Rs.500 (plus in multiples of Re.1)

CONT
Systematic Investment Plan

Monthly: Minimum Rs.1,000 + 5 post - dated cheques for a minimum of Rs.1,000 each Quarterly: Minimum Rs. 5000 + 3 post - dated cheques of Rs. 5000 each. Systematic Withdrawal Plan Minimum of Rs.500/- and Multiples thereof Benchmark CNX Nifty Midcap 50, S&P BSE SMALLCAP

METHODOLOGY
NAV of the scheme from 01-04-2012 to 31-03-2013 was collected and entered in MS-Excel Worksheet. From NAVs return on daily basis is computed using formula: NAVt-NAVt-1/NAVt-1*100 Where NAV t is net asset value at the end of day NAVt-1 is net asset value at the beginning of the day

After that mean of the return was calculated i.e. RY = R/N= 12.565081/243 =-0.0517081522 Then standard deviation was computed which comes out to be 0.86%

CONT
Return of BSE 100 Index i.e. X= 8.21

Mean of Return X= 8.21/243 = 0.034

Standard deviation

Std deviation of X= 0.81 Variance= 0.66 Covariance(X,Y)= (R- RX)(R-RY)/ N = -389743/243 = -0.16039 Beta= -0.16039/0.66 =-24.44

 Sharpe Ratio:- (Rp-Rf)/std dev

Risk free rate= 0.085 -0.0517-0.085/0.86= -0.15895

Treynor Ratio:- (Rp-Rf)/beta

= -0.0517-0.085/(-24.44) = 0.00559

THANKYOU