The NFO
will be open from July 14, 2011 to July 28, 2011
MUMBAI: ICICI
Prudential Mutual Fund has launched a close ended scheme, ICICI Prudential Capital Protection
Oriented Fund – Series II – 24 Months Plan. The tenure of the scheme will be 735 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 88 to 100 per cent
of assets in debt securities & money
market instruments with low to medium risk profile. It would further allocate
up to 12 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 Chaitanya Pande and the equity portion will be managed by Mrinal Singh.It will be benchmarked against CRISIL MIP Blended Index.
