From Kothari Pioneer Children’s Asset Plan
Designed to help you give your child a head
start in life is Kothari Pioneer Children’s Asset Plan (CAP).
This scheme combines steady returns and safety with flexibility
making it the ideal investment for you to plan your child’s
future.
Fund
For investors seeking to secure a child’s
future through a safe and secure portfolio of debt and money
market instruments.
Highlights
Indicative returns- Based on the current
market conditions, the scheme is expected to generate a return
of 12.5% for the first year. Please note that the 12.5%
indicative return is on the net amount available to the fund
(after deducting the sales charge). For steady returns and
preservation of capital, the scheme will invest minimum 90% of
investment in high quality debt/ money market instruments. No
tax deducted at source (TDS) on redemption irrespective of the
amount redeemed. This scheme is open for NRIs on both
repatriable and non-repatriable basis.
Choice of 2 PLANS
Education Plan
Ideal savings plan for meeting regular
expenses for children’s education. Beneficiary child can
withdraw dividends any time 4 years from the date of first
investment. Applicant can withdraw the original investment made
once the beneficiary child turns 18 years of age.
Gift Plan
Ideal gift for your child
Choice of dividend and growth options.
Beneficiary child is allowed to withdraw
outstanding units in full/ part at 18 years of age.
Withdrawal at NAV.
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