ICICI Prudential Mutual Fund has announced the NFO ICICI
Prudential Fixed Maturity Plan (FMP) - Series 64 - 367 Days Plan C, a close
ended debt scheme.
The NFO opens for subscription on May 10, 2012 and closes
on May 15, 2012. No entry and exit load charges is applicable for the scheme.
The duration of the scheme will be 367 days from the date of allotment of
units. The scheme offers dividend payout and growth option.
The scheme will be benchmark against CRISIL Short Term
Bond Fund Index. The minimum application amount is Rs.5000 and in multiples of
The fund manager for the scheme will be Mr. Chaitanya
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.