ICICI Prudential Mutual Fund has launched the ICICI Prudential Fixed Maturity Plan-Series 82-99 Days Plan T, a close ended income scheme. The NFO opens for subscription on March 19, 2018 and closes on March 20, 2018. 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 Ultra Short Term Debt 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.