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  • ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 89 91 Days Plan G

Mar 7, 2024

Mutual Fund

ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 89 91 Days Plan G

NFO period: 07th March ? 12th March, 2024

Highlights of the NFO:

  • Scheme type ? A close?ended income scheme maturing on June 12, 2024. A relatively low interest rate risk and relatively low 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 91 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. Rohan Maru and Mr. Nikhil Kabra

  • Benchmark ? CRISIL Liquid Debt Index

  • Maturity period ? 91 days from the date of allotment
Download - KIM
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(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)