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5 Best Solution Oriented Schemes to Invest in 2022

Updated on August 15, 2022 , 2873 views

The Security and Exchange Board of India (SEBI) has introduced a new classification ‘Solution Oriented Schemes’ under Mutual Funds. These funds are important for long-term goal planning, particularly for—Retirement planning and a child’s education. So, if you are looking at something with a similar goal-wise Investing, then you are at the right place. Let’s look at these funds in a detailed manner, along with some of the best solution oriented schemes to invest.

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What are Solution Oriented Schemes?

Solution oriented schemes are helpful for those investors who wish to create long-term wealth that mainly includes retirement planning and a child’s future education by investing in Mutual Funds. Earlier, these plans were a part of equity or balanced schemes, but as per SEBI’s new circulation, these funds are separately categorised under solution oriented schemes.

Also, these schemes used to have a lock-in for three years, but now these funds have a mandatory lock-in of five years. This is ideally a good way to keep investors invested for a longer duration in order to attain these investment goals. It maintains discipline in investments.

Top 5 Best Performing Solution Oriented Schemes FY 22 - 23

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2021 (%)
SBI Magnum Children's Benefit Plan Growth ₹76.9015
↑ 0.39
₹852.116.5128.918.3
Tata Retirement Savings Fund-Moderate Growth ₹43.37
↑ 0.30
₹1,4819.33.73.514.99.620.5
Tata Retirement Savings Fund - Progressive Growth ₹42.9276
↑ 0.32
₹1,13210.43.81.815.410.223.3
Tata Retirement Savings Fund - Conservative Growth ₹25.0433
↑ 0.16
₹1794.11.41.87.86.27.6
ICICI Prudential Child Care Plan (Gift) Growth ₹199.2
↑ 1.20
₹801836.613.81024.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Aug 22

1. SBI Magnum Children's Benefit Plan

To provide attractive returns to the Magnum holders / Unit holders by means of capital appreciation through an actively managed portfolio of debt, equity and money market instruments. Income generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio, will be reinvested.

SBI Magnum Children's Benefit Plan is a Solutions - Childrens Fund fund was launched on 21 Feb 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of since its launch.  Ranked 1 in Childrens Fund category.  Return for 2021 was 18.3% , 2020 was 14.8% and 2019 was 2.6% .

Below is the key information for SBI Magnum Children's Benefit Plan

SBI Magnum Children's Benefit Plan
Growth
Launch Date 21 Feb 02
NAV (17 Aug 22) ₹76.9015 ↑ 0.39   (0.50 %)
Net Assets (Cr) ₹85 on 30 Jun 22
Category Solutions - Childrens Fund
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 2.03
Sharpe Ratio 0.44
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (3%),1-2 Years (2%),2-3 Years (1%),3 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,927
31 Jul 19₹10,921
31 Jul 20₹11,557
31 Jul 21₹14,572
31 Jul 22₹15,195

SBI Magnum Children's Benefit Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Purchase not allowed

Returns for SBI Magnum Children's Benefit Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 2.5%
3 Month 2.1%
6 Month 1%
1 Year 6.5%
3 Year 12%
5 Year 8.9%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2021 18.3%
2020 14.8%
2019 2.6%
2018 0.1%
2017 24.3%
2016 16.1%
2015 7%
2014 31.1%
2013 -0.1%
2012 19%
Fund Manager information for SBI Magnum Children's Benefit Plan
NameSinceTenure
R. Srinivasan13 Jan 211.55 Yr.
Rajeev Radhakrishnan9 Jun 0814.15 Yr.

Data below for SBI Magnum Children's Benefit Plan as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash30.37%
Equity19.8%
Debt49.84%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
06.69 MP Sdl 2025
Sovereign Bonds | -
17%₹15 Cr1,500,000
08.08 Up SDL 2025feb
Sovereign Bonds | -
12%₹10 Cr1,000,000
5.22% Govt Stock 2025
Sovereign Bonds | -
5%₹5 Cr480,000
Indinfravit TRust
Debentures | -
4%₹3 Cr35
Dbl Mangloor Highways Private Limited
Debentures | -
3%₹3 Cr30
Gs CG 16/12/2026 - (Strips) Tb
Sovereign Bonds | -
3%₹3 Cr375,000
Indian Bank
Debentures | -
2%₹2 Cr20
The Tata Power Company Limited
Debentures | -
2%₹2 Cr20
Muthoot Finance Limited
Debentures | -
2%₹2 Cr20
Gokaldas Exports Ltd (Consumer Cyclical)
Equity, Since 15 Oct 21 | 532630
2%₹1 Cr43,000

2. Tata Retirement Savings Fund-Moderate

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.

Tata Retirement Savings Fund-Moderate is a Solutions - Retirement Fund fund was launched on 1 Nov 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.6% since its launch.  Ranked 2 in Retirement Fund category.  Return for 2021 was 20.5% , 2020 was 15.1% and 2019 was 8.6% .

Below is the key information for Tata Retirement Savings Fund-Moderate

Tata Retirement Savings Fund-Moderate
Growth
Launch Date 1 Nov 11
NAV (17 Aug 22) ₹43.37 ↑ 0.30   (0.69 %)
Net Assets (Cr) ₹1,481 on 30 Jun 22
Category Solutions - Retirement Fund
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.02
Sharpe Ratio -0.58
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 150
Exit Load 0-60 Years (1%),60 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹11,170
31 Jul 19₹10,417
31 Jul 20₹11,174
31 Jul 21₹14,785
31 Jul 22₹15,062

Tata Retirement Savings Fund-Moderate SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Tata Retirement Savings Fund-Moderate

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 9.7%
3 Month 9.3%
6 Month 3.7%
1 Year 3.5%
3 Year 14.9%
5 Year 9.6%
10 Year
15 Year
Since launch 14.6%
Historical performance (Yearly) on absolute basis
YearReturns
2021 20.5%
2020 15.1%
2019 8.6%
2018 -3.6%
2017 38.8%
2016 6.7%
2015 7.7%
2014 55.1%
2013 2.6%
2012 20%
Fund Manager information for Tata Retirement Savings Fund-Moderate
NameSinceTenure
Murthy Nagarajan1 Apr 175.33 Yr.
Sonam Udasi1 Apr 166.33 Yr.

Data below for Tata Retirement Savings Fund-Moderate as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash7.41%
Equity79.65%
Debt12.94%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
7%₹108 Cr1,524,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE
6%₹93 Cr359,500
↓ -17,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | HDFCBANK
5%₹73 Cr538,500
↑ 11,500
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 20 | TCS
5%₹70 Cr214,000
↑ 17,600
Infosys Ltd (Technology)
Equity, Since 31 Jul 20 | INFY
5%₹67 Cr459,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC
4%₹56 Cr2,036,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Jun 20 | HCLTECH
2%₹32 Cr333,000
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 20 | SBICARD
2%₹32 Cr417,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFC
2%₹30 Cr140,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 Jan 18 | JUBLFOOD
2%₹30 Cr588,000
↑ 88,000

3. Tata Retirement Savings Fund - Progressive

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.

Tata Retirement Savings Fund - Progressive is a Solutions - Retirement Fund fund was launched on 1 Nov 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.5% since its launch.  Ranked 6 in Retirement Fund category.  Return for 2021 was 23.3% , 2020 was 14.4% and 2019 was 11.5% .

Below is the key information for Tata Retirement Savings Fund - Progressive

Tata Retirement Savings Fund - Progressive
Growth
Launch Date 1 Nov 11
NAV (17 Aug 22) ₹42.9276 ↑ 0.32   (0.75 %)
Net Assets (Cr) ₹1,132 on 30 Jun 22
Category Solutions - Retirement Fund
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.18
Sharpe Ratio -0.67
Information Ratio -0.7
Alpha Ratio -5.79
Min Investment 5,000
Min SIP Investment 150
Exit Load 0-60 Years (1%),60 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹11,387
31 Jul 19₹10,540
31 Jul 20₹11,143
31 Jul 21₹15,400
31 Jul 22₹15,373

Tata Retirement Savings Fund - Progressive SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Tata Retirement Savings Fund - Progressive

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 11.2%
3 Month 10.4%
6 Month 3.8%
1 Year 1.8%
3 Year 15.4%
5 Year 10.2%
10 Year
15 Year
Since launch 14.5%
Historical performance (Yearly) on absolute basis
YearReturns
2021 23.3%
2020 14.4%
2019 11.5%
2018 -6.1%
2017 49.1%
2016 3.1%
2015 7.8%
2014 47.4%
2013 1.5%
2012 21.7%
Fund Manager information for Tata Retirement Savings Fund - Progressive
NameSinceTenure
Murthy Nagarajan1 Apr 175.33 Yr.
Sonam Udasi1 Apr 166.33 Yr.

Data below for Tata Retirement Savings Fund - Progressive as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash5.97%
Equity94.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
9%₹97 Cr1,370,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE
7%₹84 Cr324,500
↓ -13,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | HDFCBANK
6%₹65 Cr484,300
↑ 13,300
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 20 | TCS
6%₹63 Cr192,500
↑ 16,400
Infosys Ltd (Technology)
Equity, Since 31 Jul 20 | INFY
5%₹59 Cr407,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC
4%₹50 Cr1,830,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Jun 20 | HCLTECH
3%₹29 Cr298,000
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 20 | SBICARD
3%₹29 Cr374,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFC
2%₹27 Cr125,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 Jan 18 | JUBLFOOD
2%₹27 Cr528,000
↑ 75,500

4. Tata Retirement Savings Fund - Conservative

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.

Tata Retirement Savings Fund - Conservative is a Solutions - Retirement Fund fund was launched on 1 Nov 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 8.9% since its launch.  Ranked 7 in Retirement Fund category.  Return for 2021 was 7.6% , 2020 was 11.8% and 2019 was 7.6% .

Below is the key information for Tata Retirement Savings Fund - Conservative

Tata Retirement Savings Fund - Conservative
Growth
Launch Date 1 Nov 11
NAV (17 Aug 22) ₹25.0433 ↑ 0.16   (0.66 %)
Net Assets (Cr) ₹179 on 30 Jun 22
Category Solutions - Retirement Fund
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.1
Sharpe Ratio -1.08
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-60 Years (1%),60 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,454
31 Jul 19₹10,782
31 Jul 20₹11,736
31 Jul 21₹13,131
31 Jul 22₹13,277

Tata Retirement Savings Fund - Conservative SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Tata Retirement Savings Fund - Conservative

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 3.8%
3 Month 4.1%
6 Month 1.4%
1 Year 1.8%
3 Year 7.8%
5 Year 6.2%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2021 7.6%
2020 11.8%
2019 7.6%
2018 0.8%
2017 15.1%
2016 10.6%
2015 6.4%
2014 20.6%
2013 5.7%
2012 10.9%
Fund Manager information for Tata Retirement Savings Fund - Conservative
NameSinceTenure
Murthy Nagarajan1 Apr 175.33 Yr.
Sonam Udasi1 Apr 166.33 Yr.

Data below for Tata Retirement Savings Fund - Conservative as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash16.19%
Equity28.32%
Debt55.48%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.32% Govt Stock 2024
Sovereign Bonds | -
14%₹25 Cr2,500,000
7.27% Govt Stock 2026
Sovereign Bonds | -
6%₹10 Cr1,000,000
Power Finance Corporation Ltd.
Debentures | -
6%₹10 Cr100
Bajaj Housing Finance Limited
Debentures | -
5%₹10 Cr100
Jamnagar Utilities & Power Private Limited
Debentures | -
5%₹10 Cr100
6.84% Govt Stock 2022
Sovereign Bonds | -
5%₹9 Cr916,800
Varanasi Sangam Expressway Private Limited
Debentures | -
4%₹8 Cr80
8.24% Govt Stock 2027
Sovereign Bonds | -
3%₹5 Cr500,000
8.2% Govt Stock 2025
Sovereign Bonds | -
3%₹5 Cr500,000
Small Industries Development Bank Of India
Debentures | -
3%₹5 Cr50

5. ICICI Prudential Child Care Plan (Gift)

The primary investment objective of the Study Plan is to seek generation of current income by creating a portfolio that is invested in debt, money market instruments and equity and equity related securities.

ICICI Prudential Child Care Plan (Gift) is a Solutions - Childrens Fund fund was launched on 31 Aug 01. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.3% since its launch.  Ranked 24 in Childrens Fund category.  Return for 2021 was 24.8% , 2020 was 8.8% and 2019 was 8.5% .

Below is the key information for ICICI Prudential Child Care Plan (Gift)

ICICI Prudential Child Care Plan (Gift)
Growth
Launch Date 31 Aug 01
NAV (17 Aug 22) ₹199.2 ↑ 1.20   (0.61 %)
Net Assets (Cr) ₹801 on 30 Jun 22
Category Solutions - Childrens Fund
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.51
Sharpe Ratio -0.07
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (3%),1-2 Years (2%),2-3 Years (1%),3 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,917
31 Jul 19₹10,898
31 Jul 20₹10,728
31 Jul 21₹14,436
31 Jul 22₹15,253

ICICI Prudential Child Care Plan (Gift) SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for ICICI Prudential Child Care Plan (Gift)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 7.2%
3 Month 8%
6 Month 3%
1 Year 6.6%
3 Year 13.8%
5 Year 10%
10 Year
15 Year
Since launch 15.3%
Historical performance (Yearly) on absolute basis
YearReturns
2021 24.8%
2020 8.8%
2019 8.5%
2018 -1.9%
2017 25%
2016 6.9%
2015 0.2%
2014 54.3%
2013 2.9%
2012 42.3%
Fund Manager information for ICICI Prudential Child Care Plan (Gift)
NameSinceTenure
Manish Banthia15 Jan 157.55 Yr.
Ritesh Lunawat29 Dec 201.59 Yr.
Priyanka Khandelwal31 Aug 0120.93 Yr.
Lalit Kumar1 Jun 220.17 Yr.

Data below for ICICI Prudential Child Care Plan (Gift) as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash6.15%
Equity68.38%
Debt25.47%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 19 | ICICIBANK
7%₹58 Cr815,647
5.38% Govt Stock 2034
Sovereign Bonds | -
7%₹56 Cr5,866,260
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL
7%₹54 Cr790,000
Infosys Ltd (Technology)
Equity, Since 31 Oct 18 | INFY
6%₹49 Cr333,759
NTPC Ltd (Utilities)
Equity, Since 31 May 22 | 532555
6%₹44 Cr3,100,000
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 29 Feb 20 | SBILIFE
4%₹36 Cr330,808
UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Jun 22 | ULTRACEMCO
3%₹27 Cr47,930
↑ 47,930
Lupin Ltd (Healthcare)
Equity, Since 31 Aug 21 | 500257
3%₹26 Cr417,402
↑ 332,327
Avanse Financial Services Limited
Debentures | -
3%₹25 Cr250
5.53% Govt Stock 2033
Sovereign Bonds | -
3%₹24 Cr2,500,000

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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