ICICI Prudential Mutual Fund files offer document for CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
ICICI Prudential Mutual Fund has filed offer document with SEBI to launch open-ended target duration Index Fund named ‘ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund’. The New Fund Offer price would be Rs 10. Entry load and Exit Load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance of the scheme will be benchmarked against CRISIL-IBX Financial Services 3-6 Months Debt Index. The minimum application amount is Rs 1000 and in multiples of Re. 1 thereafter.
The investment objective of the Scheme is to track the CRISIL-IBX Financial Services 3-6 months Debt Index, subject to tracking errors.
