ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 80 1170 Days Plan I

Mutual Fund
Feb 9, 2017 by Advisorkhoj Team | Mutual Fund | 3 Downloaded

NFO period: 09th February – 17th February, 2017

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 multiples of Rs. 10/- thereafter

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

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

  • Benchmark – CRISIL Composite Bond Fund Index

  • Maturity – 1170 days from the date of allotment

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

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