NFO Opens on May 30, 2012 and closes on 31 May, 2012
ICICI Prudential Mutual Fund has announced the NFO ICICI Prudential Fixed Maturity Plan - Series 64 - 180 Days Plan E, a close ended debt scheme.
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.
The NFO opens for subscription on May 30, 2012 and closes on May 31, 2012. No entry and exit load charge is applicable for the scheme. The duration of the scheme will be 180 days from the date of allotment. The scheme offers dividend payout and growth option.
The scheme will be benchmarked against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 5000 and in multiple of Rs 10 thereafter. The fund manager of the scheme will be Chaitanya Pande.
Source: Accord Fintech
