ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 84 1245 Days Plan N
NFO period: 12th November – 14th November, 2018
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 Manager – Mr. Rahul Goswami and Mr. Rohan Maru
- Benchmark – CRISIL Composite Bond Fund Index
- Maturity – 1245 days from the date of allotment
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)