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  • ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 88 93 Days Plan P

Dec 23, 2022

Mutual Fund

ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 88 93 Days Plan P

NFO period: 23rd December - 26th December, 2022

Highlights of the NFO:

  • Scheme type - A close-ended debt scheme. A relatively Low interest rate risk and Moderate credit risk

  • 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 savings solution having a duration of 93 days. 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 and Regular Plan having Growth Option and Income Distribution cum capital withdrawal option (IDCW) with Payout of Income Distribution cum capital withdrawal (IDCW Payout) sub-option and Transfer of Income Distribution cum capital withdrawal facility.

  • Fund Managers - Mr. Nikhil Kabra and Mr. Rohan Maru

  • Benchmark - Nifty Ultra Short Duration Debt Index

  • Maturity period - 93 days from the date of allotment
Download - KIM
Download - SID

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