ICICI Prudential MF Introduces ICICI Prudential Fixed Maturity Plan-Series 61 (07-Feb-2012)
ICICI Prudential Mutual Fund has launched the New Fund Offer (NFO) ICICI Prudential Fixed Maturity Plan-Series 61- 3 Year Plan F, close ended debt scheme.
NFO opens for subscription today i.e. on February 7, 2012 and closes on February 15, 2012. No entry and exit load charges will applicable for the scheme. The scheme offers dividend payout and cumulative option. The duration of the scheme is 1105 days from the date of allotment of units.
The scheme will be benchmark against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter. The scheme will be managed by Chaitanya Pande.
The investment objective of the scheme is to generate regular returns by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the schemes.
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