A child career plan helps in financial planning for your child's future needs at the right age. Investing in child career plans is one of the best ways to save enough with regular investments for your child’s future for needs like school fees or higher education which can be costly later. Financial protection features in child plans ensure that your child gets the best in the future. The promise of a secure future can help your child bloom to his/her full potential even when you are not around.
Give your child the gift of a secure future with UTI Children’s Career Plan (CCP). With a record of outperforming the market against the benchmarks across various time periods, our child career plans provide unmatched tax advantages and portfolio quality with a disciplined investment focus. UTI provides you with the choice of two well- performing child career plans to suit your needs better:
UTI Children's Career Balanced Fund: This open ended scheme is well suited for investors looking to invest for their children in a portfolio mix of debt and equity with a view in the range of 60–40%. The scheme is for long-term investors and accounts for adjustment of asset allocation and the portfolio mix based on prevailing market conditions. This scheme provides the best of both worlds - high credit quality of debt portfolio & growth characteristics of equity portfolio with large cap dominance.
UTI Children’s Career Advantage Fund: This open ended scheme is well suited for investors looking to secure their children’s future with an equity inclined portfolio. The portfolio for this scheme has the composition mix of 70–100% equity and 0–30% debt. The scheme is for growth/dividend/scholarship investors wherein the Investment under Scholarship option does not come under tax preview u/s 10(16) of the IT Act 1961 as long as the education is not discounted by the beneficiary.
Choose a plan that suits your requirements today to get complete financial protection for your child’s future dreams and peace of mind for yourself.
With UTI’s Child Career Fund, you get,
Open Ended Scheme for Your Child’s Future.
A 60/40 – Equity/ Debt Portfolio Mix
Long Term Investments.
Growth and Dividend Options.
- Invested amount is the amount entered for either Monthly SIP and Lumpsum for the duration selected
- For lumpsum and monthly SIP investments returns are compounded annualized. 1 Year is assumed as 365 days.
- Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.
- Worth of investment: Performance is compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
- The start day for SIP investments is considered as 1st of every month
- For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied.
- Gold prices are available post 29 JAN, 2005 are based on daily closing values on MCX.
- PPF interest rate is assumed at 8.7% p.a. interest received is compounded monthly for the returns illustration in the charts.
- Dividend payouts reinvestment in scheme is not considered for the purpose of calculation of returns and graphical representation.
|This Scheme||BSE 100||Fixed Deposit||Gold||PPF|