MUTUAL FUNDS
ICICI Prudential MF introduces FMP-Series 87-1115 Days Plan K
Apr-30-2020

ICICI Prudential Mutual Fund (MF) has launched the ICICI Prudential Fixed Maturity Plan-Series 87-1115 Days Plan K, a Close Ended Debt Scheme. The NFO opens for subscription on April 30, 2020 and closes on May 04, 2020. No Exit load and Entry load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs 10 thereafter.

The scheme’s performance will be benchmarked against its performance to CRISIL Medium Term Debt Index and its fund managers are Rahul Goswami and Rohan Maru.

The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities/ debt instruments maturing on or before the maturity of the Scheme.

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