The NFO will be open from July 1,
2011 to July 15, 2011
MUMBAI: ICICI Prudential Mutual Fund has launched a
close ended scheme, ICICI Prudential Capital Protection Oriented Fund – Series III.
The tenure of the scheme will be 1100 days
from the date of allotment.
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 scheme would allocate 81 to
100 per cent of assets in debt securities & money market instruments with low to
medium risk profile. It would further allocate up to 19 per cent of assets in
equity and equity related securities with medium to high risk profile.
The minimum application amount will be Rs 5,000 and the scheme will not charge any entry or exit load. The debt portion of the scheme will be managed by Mr. Chaitanya Pande and the equity portion will be managed by Mr. Mrinal Singh. It will be benchmarked against CRISIL MIP Blended Index.
