Home | Register | Sign in | Contact Us | Sitemap |
   
10 Jun 2011 12:00 AM
ICICI Prudential launches Multiple Yield Fund – Plan B 
A Staff Writer
 

MUMBAI: ICICI Prudential Mutual Fund has launched a close ended scheme, ICICI Prudential Multiple Yield Fund – Plan B.  The tenure of the scheme will be 1100 days from the date of allotment.

 

The investment objective of the scheme is to generate returns by investing in a portfolio of fixed income securities/ debt instruments. The secondary objective is to generate long term capital appreciation by investing a portion of the scheme’s assets in equity and equity related instruments. The scheme would allocate 70 to 100 per cent of assets in money market instruments, short term and medium term debt securities/ debt instruments and securitised debt with low to medium risk profile. It would further allocate up to 30 per cent of assets in equity and equity related securities with high risk profile.

 

The minimum application amount will be Rs 5,000 and the scheme will not charge any entry or exit load. The scheme will be managed by Chaitanya Pande and will be benchmarked against CRISIL MIP Blended Index.

 
|
|
|
|
|
|
Cafemutual welcomes your comments. Any disagreements or criticisms must be expressed in a dignified manner. Thank you.
blog comments powered by Disqus
 
Related Articles
NFOs now open May 24
Deutsche MF introduces DWS Fixed Maturity Plan - Series 16 (DFMP - 16)
Religare MF introduces Religare Fixed Maturity Plan - Series XV - Plan F (369 days)
ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 64-3 Year Plan K
Taurus MF introduces Taurus Fixed Maturity Plan Series V (370 Days)
Deutsche MF introduces DWS Hybrid Fixed Term Fund - Series 9
HDFC MF introduces HDFC FMP 371D September 2012 (1)
Deutsche MF introduces DWS Hybrid Fixed Term Fund - Series 9
Mutual funds get ‘comical’ to attract investors
UTI, SBI have the highest proportion of B-15 towns AUM
Mutual funds dial the mobile route
Fund houses acting faster to resolve investor complaints
How to make an ultra short term fund work for you?
As markets gain, investors continue to cash out of equity funds
SBI MF to empanel SBI's retired employees under the new cadre of distributors
Registering SIP to get easier and faster
 
About Us | Media | Advertise With Us | Editorial Policy | Contact Us | Privacy Policy | Disclaimer | Sitemap
© Cafemutal.com. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of cafemutual.com is prohibited.
Best Viewed in I.E 7.0 and above. Resolution: 1024 * 768. Developed & Hosted by Accord Fintech Pvt. Ltd