ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 83 99 Days Plan I

Mutual Fund
Jun 8, 2018 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 08th June – 11th June, 2018

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 short 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 Manager – Mr. Rahul Goswami and Mr. Rohan Maru

  • Benchmark – CRISIL Ultra Short Term Debt Index

  • Maturity – 99 days from the date of allotment

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

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