|
It is an accepted fact
that Child's Education & Marriage are the most essential
expense of every parent. With growing costs, it becomes
imperative for every individual to plan for these expenses
on time. With disciplined and regular saving it is possible
to be prepared to meet these expenses without feeling
the pinch on your purse.
Purpose It’s plan to provide gauranteed educational
benefits to the child & hence is suitable for parents
with children 0 – 12 years
» Min/ Max
age 0 year-12 year
» Min/ Max
SA 1 lakh-30 lakhs
» Lumpsum
amount payable at regular interval to meet child’s educational
expenses
» On Death
: Full sum asuured is payable on death during the term
of the policy to the child
Purpose
In the ever demanding and competitive environment, it
is essential to provide the best education to your children,
which can be very expensive.
»
Min/ Max age 0 years - 10 year
» Min/ Max
SA Rs1,00,000 - Rs.25,00,000/
»
Rs.75 per thousand Sum Assured per annum at the end
of each policy year will be added to the policy by way
of guaranteed additions provided the policy is in full
force.
» On Death: In the event of unfortunate
death during the term, after the commencement of risk
but before policy matures, the Sum Assured together
with Guaranteed Additions is payable without any deduction
or adjustment for the amount that may have been paid
earlier by way of instalment benefits.
To generate income by creating a portfolio
that is invested in equity and equity related securities
and debt, money market instruments.
» Type of
Scheme Open Ended
» Nature of
Scheme Equity & Debt
» Inception
Date Aug 6, 2001
» Face Value(Rs/Unit)
10
Rs14.87 (Gift Plan)
Rs15.32 (Study Plan)
» Minimum Investment Rs 5000
» Entry Load
2.5 percent (Gift Plan), 1.5 percent (Study Plan)
» Exit Load
0 percent (Gift Plan), 0 percent (Study Plan)
» CDSC: 2.5%
if redeemed within 3 years & if redeemed after 3
years but before child completes 18 years - 1 percent
» Scholarship
scheme for meritorious students, Personal Accident Insurance
cover (Gift Plan)
| Asset Allocation
as on 31/07/2003 |
| |
Equity
|
Debt
|
|
Gift Plan
|
60.33%
|
39.67%
|
|
Study Plan
|
15.29%
|
84.71%
|
» Aims to
generate long term capital appreciaiton.
Fund Information
» Type of
Scheme Open Ended
» Nature of
Scheme Equity & Debt
» Inception
Date Feb 9, 2001
» Face Value(Rs/Unit)
10
» 22.0989
(Investment Plan),
» 35.4882
(Saving Plan)
» Minimum
Investment Rs 500
» Entry Load
1 percent
» Exit Load
0 percent
|
