ICICI Prudential Mutual Fund has launched the NFO of ICICI Prudential Fixed Maturity Plan-Series 64-274 Days Plan F, a close ended income scheme.
The NFO opens for subscription on June 8, 2012 and closes on June 12, 2012. No entry load will be applicable for the scheme, exit load being a listed scheme, will not be applicable. Investors shall note that the brokerage on sales of the units of the Plan under the Scheme on the stock exchanges shall be borne by the investors. The minimum subscription amount is Rs. 5000.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund manager is Chaitanya Pande.
The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities/debt instruments maturing 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
