ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 88 1858 Days Plan D

NFO period: 10^th March – 14^th March, 2022

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 savings solution having a duration of 1858 days. 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 and Regular Plan having Growth Option and Income Distribution cum capital withdrawal option (IDCW) with Payout of Income Distribution cum capital withdrawal (IDCW Payout) sub-option and Transfer of Income Distribution cum capital withdrawal facility.


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


• Benchmark – CRISIL Medium to Long Term Debt Index


• Maturity period – 1858 days from the date of allotment