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ICICI Prudential MF introduces FMP- Series 88- 1858 Days Plan D
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ICICI Prudential Mutual Fund (MF) has launched ICICI Prudential Fixed Maturity Plan- Series 88- 1858 Days Plan D, a Close-Ended Debt Scheme with relatively high interest rate risk & relatively low credit risk. The NFO opens for subscription on March 10, 2022 and closes on March 14, 2022. The Entry load and the Exit Load is not applicable 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 to Long Term Debt Index and its fund managers are Rahul Goswami and Rohan Maru.
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.
