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  • NFO News ICICI Prudential MF introduces ICICI Prudential FMP - Series 64 - 367 Days Plan C

    ICICI Prudential MF introduces ICICI Prudential FMP - Series 64 - 367 Days Plan C

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    Team Cafemutual Apr 30, 2012

    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 Rs.10 thereafter.

    The fund manager for the scheme will be Mr. Chaitanya Pande.

    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.

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