News Details

ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 85 1197 Days Plan A

Jan 10, 2019 by News Team

NFO period: 10th January – 15th January, 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 – 1197 days from the date of allotment

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

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