ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 84 169 Days Plan V
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NEWS TEAM | on Dec 20, 2018
NFO period: 20th December – 26th December, 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 Managers – Mr. Rahul Goswami and Mr. Rohan Maru
Benchmark – CRISIL Ultra Short Term Debt Index
Maturity period – 169 days from the date of allotment