ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 87 1134 Days Plan H
12 Mar,
2020
By: Eastern Fin Research Team# Mutual Fund
NFO period: 12th March - 18th March, 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 - 1134 days from the date of allotment
Eastern Financiers, one of the first investment and financial consultant in Eastern
India have grown to become one of the largest investment consultants in the country.