Al-Ameen Islamic Children Savings Plan

This plan is designed for parents who wish to provide their children’s higher education and marriage.

Al-Ameen Islamic Children Savings Plan

Why invest in Al-Ameen Islamic Children Savings Plan?

  • Regular Investments

  • No charges on withdrawal

  • Avail free Takaful coverage

  • Account opening for your child with Rs. 2,000

Al-Ameen Islamic Children Savings Plan (AICSP) [formerly UBL Islamic Children Savings Plan (UICSP)] is designed especially for parents who want a helping hand when it comes to meeting their children’s future expenses – whether it is higher education or marriage. You can open an account for your child with a minimum amount of just Rs. 2,000 and continue to invest regular amounts until the time you will be requiring the money.

Al-Ameen Islamic Children Saving Plan (AICP) is ideal for investors who:

  • Want to save for their children’s future.
  • Want to invest regularly.
  • Want  to decide the duration of the plan based on the current age of your child and the time when you will be requiring the money.

Al-Ameen Islamic Children Savings Plan

Need more information about the fund? Here’s what you need to know.

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Fund Information
Rs.2000Minimum investment
Rs.2000Minimum subsequent investment
Investment charges Weighted average Front-end Load of underlying funds (AISF & ASSF) as per chosen allocation scheme of Net Asset Value
Management fee (annual) Weighted average Management Fee of the underlying Funds of Net Asset Value
Fund ratingN/A
Risk & Reward Potential

Medium

Risk of Principal Erosion

Medium to High

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    UBL Funds (Management company of Al-Ameen Funds) may share commission out of management fee earned to the sales teams of the Company or its distributor(s) earned on his/her/their own investment(s)
    Al-Ameen Funds E-Account
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