ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 85 1102 Days Plan Y
ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 85 1102 Days Plan Y
Apr 10, 2019 by News Team
NFO period: 09th April – 20th April, 2019
Highlights of the NFO:
Scheme type – A close-ended Debt Scheme
Investment objective – The investment objective of the scheme is to seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the scheme. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Product suitability – The product is suitable for investors who are seeking long term savings solution a debt scheme that seeks to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the scheme.
Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter
Plan/ Options available – Direct Plan having Cumulative Option and Dividend Option (with Dividend Payout and Dividend Transfer Plan Facility).
Fund Managers – Mr. Rahul Goswami and Mr. Rohan Maru
Benchmark – CRISIL Composite Bond Fund Index
Maturity period – 1102 days from the date of allotment