ICICI MF launches new FMP Series
ICICI MF launches new FMP Series
Name of Fund: ICICI Prudential Fixed Maturity Plan - Series 43 18 Months Plan A
Scheme: A close-ended income fund.
Objective: The investment objective of the scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the scheme.
Fund Opens: 6 March 2008
Fund Closes: 24 March 2008
Face Value: Rs 10
Investment Options: There are growth and dividend options.
Load: Due to its close-ended structure the scheme does not charge any entry load. There will be an exit load of 2.00% of the applicable NAV for the redemption made during the repurchase facility period.
Minimum Investment Amount: The minimum investment amount is Rs. 5000 and in multiples of Re.1 thereafter.
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