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News ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 86 1113 Days Plan C
May 2, 2019
Mutual Fund
ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 86 1113 Days Plan C
NFO period: 02nd May - 09th May, 2019
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 Managers - Mr. Rahul Goswami and Mr. Rohan Maru
- Benchmark - CRISIL Composite Bond Fund Index
- Maturity period - 1113 days from the date of allotment
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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