ICICI Prudential Mutual Fund has launched the NFO of ICICI Prudential Capital Protection Oriented Fund II - Series X - 36 Months, a close ended income scheme.
The NFO opens for subscription on June 6, 2012 and closes on June 20, 2012. No entry load is applicable for the scheme; being a listed scheme, no exit load will be applicable. Investors shall note that the brokerage on sales of the units of the Schemes on the stock exchanges shall be borne by the investors. The minimum subscription amount is Rs.5000.
The investment objective of the scheme is to protect capital by investing a portion of the portfolio in good quality debt securities and money market instruments and also to provide capital appreciation by investing the balance in equity and equity related securities. The securities would mature on or before the maturity of the scheme. However, there can be no assurance that the investment objective of the scheme will be realized.
Source: Accord Fintech
