Tuesday, 11 November 2014

ICICI Prudential MF introduces Multiple Yield Fund - Series 8 - 1103 Days Plan C

ICICI Prudential Mutual Fund has launched the New Fund Offer (NFO) of ICICI Prudential Multiple Yield Fund - Series 8 - 1103 Days Plan C, a close ended income scheme. The NFO opens for subscription on Nov 11, 2014 and closes on Nov 25, 2014.  No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000.
The scheme’s performance will be benchmarked against CRISIL MIP Blended Fund Index and its fund managers are Vinay Sharma, Rahul Goswami, Aditya Pagaria and Shalya Shah.
The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities/ debt instruments. The secondary objective of the Scheme is to generate long term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments.

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