Al-Ameen Islamic Children Savings Plan

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.100000Minimum investment
Rs.100000Minimum subsequent investment
Investment charges 0.3 of Net Asset Value
Management fee (annual) 1% of Net Asset Value
Fund ratingN/A
Redemption (withdrawl) charges
1.00% 1st Year
0.75% 2nd Year
0.25% 3rd Year
Risk & Reward Potential

Medium

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