ICICI Prudential Mutual Fund has launched the ICICI Prudential Fixed Maturity Plan-Series 81-1100 Days Plan W, a close ended income scheme. The NFO opens for subscription on September 25, 2017 and closes on October 09, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000.
The scheme's performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund managers are Rahul Goswami and Rohan Maru.
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.