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ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 78 Plan U

Mutual Fund

by Advisorkhoj Team | Mutual Fund | 3 Downloaded

NFO period: 16th March – 25th March 2016

Highlights of the NFO:

  • Scheme type – A close-ended Debt Fund

  • 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 that the investment objective of the Scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking long Term Savings Solution. A Debt Fund 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 multiple of Rs. 10/- thereafter

  • Plan/ Options available – Direct Plan having cumulative Option and Dividend Option with only Dividend Payout facility.

  • Fund Managers – Mr. Rahul Goswami and Mr. Rohan Maru

  • Benchmark – CRISIL Composite Bond Fund Index

  • Maturity – 1156 days from the date of allotment

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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