ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 88 91 Days Plan G

NFO
Nov 29, 2022 by Advisorkhoj Team | NFO | 0 Downloaded

NFO period: 29th November – 12th December, 2022

Highlights of the NFO:

  • Scheme type – A close-ended Debt Scheme. A relatively Low interest rate risk and Moderate credit risk

  • 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 91 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. Rohan Maru and Mr. Nikhil Kabra

  • Benchmark – CRISIL Liquid Fund Index

  • Maturity period – 91 days from the date of allotment

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

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