ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 83 1113 Days Plan E

by News Team | Mutual Fund

NFO period: 28th May - 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 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 Manager - Mr. Rahul Goswami and Mr. Rohan Maru

  • Benchmark - CRISIL Composite Bond Fund Index

  • Maturity - 1113 days from the date of allotment

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