ICICI
AMC has filed a draft offer document with SEBI for the launch of its close
ended Capital Protection Oriented Fund IV. The scheme aims to protect capital
by investing in a mixed portfolio of highest rated debt securities and money
market instruments. The scheme will also invest some portion in equity and
equity related securities to seek capital appreciation.
The
Benchmark of the scheme will be CRISIL MIP Blended Index. The minimum
application amount will be Rs 5000. No exit loads will be charged in the
scheme. The fund will be co-managed by Rahul Goswami, Rajat Chandak and Atul
Patel.
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