• mf@tradejini.com
  • +91-80-40204020

ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 87 1157 Days Plan E

by News Team | Mutual Fund

NFO period: 18th February – 24th February, 2020

Highlights of the NFO:

  • Scheme type – A close-ended Debt Scheme

  • Investment objective – The investment objective of the scheme is to seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the scheme. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term savings solution. A debt scheme that seeks to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the scheme.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter

  • Plan/ Options available – Direct Plan having Cumulative Option and Dividend Option (with Dividend Payout and Dividend Transfer Plan Facility).

  • Fund Managers – Mr. Rahul Goswami and Mr. Rohan Maru

  • Benchmark – CRISIL Medium Term Debt Index

  • Maturity period – 1157 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)