ICICI Prudential MF introduces FMP- Series 88 -1226 - D- Plan F
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ICICI Prudential Mutual Fund (MF) has launched ICICI Prudential Fixed Maturity Plan – Series 88 - 1226 Days Plan F, a close - ended debt scheme with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on November 28, 2022 and closes on December 07, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 & in multiples of Rs 10 thereafter.
The performance of the Scheme will be benchmarked with CRISIL Medium Term Debt Index and its fund managers are Anuj Tagra and Darshil Dedhia.
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.
