ICICI Prudential Mutual Fund launches ICICI Prudential Interval Fund Series: IX Plan E
by
NEWS TEAM | on Mar 12, 2019
NFO period: 12th March – 18th March, 2019
Highlights of the NFO:
Scheme type – A debt oriented interval scheme
Investment objective – The investment objective of the scheme is to seek to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities maturing on or before the opening of the immediately following Specified Transaction Period (STP). 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. A Debt Scheme that seeks to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before opening of immediately following specified transaction period.
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 Facilities).
Fund Managers – Mr. Rahul Goswami and Mr. Rohan Maru
Benchmark – CRISIL Ultra Short Term Debt Index
Maturity period – 93 days from the date of allotment