Templeton India Children's Asset Plan (TICAP).
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 Key Facts
 Fund Type  Open end, Balanced
 Inception Date June 1998
 Fund Manager  Equity - Anand Radhakrishnan, Debt - Sachin padwal Desai and Vivek Ahuja
 Options

Education & Gift Plans

 Entry Load

Education Plan: 1.00%; Gift Plan: 1.50%

An easy and convenient savings plan to help secure your child's future. Open for investment all round the year

 

In these days of spiralling costs, you need to make sure that your little loved ones get an opportunity to realise their dreams which needs money. This can happen only if you plan in advance and choose an investment that is safe, flexible and gives steady returns with capital appreciation.

Designed to help you give your child a headstart in life is TICAP. This scheme combines steady returns with capital appreciation making it the ideal investment for you to plan your child's future.

Choice of 2 plans:

Education Plan

  • Ideal savings plan for meeting regular expenses for children's education
  • Beneficiary child can withdraw dividends anytime 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 children
  • Choice of Dividend & Growth options
  • Beneficiary Child allowed to withdraw outstanding units in full/part at 18 years of age
  • Withdrawal at Net Asset Value (NAV)

Highlights

  • No tax deducted at source (TDS) on redemption irrespective of the amount redeemed.
  • Open for investments to the NRIs on both repatriable and non-repatriable basis.

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All investments in mutual funds carry certain risks.
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