ICICI Pru MF unveils 745 days fixed maturity plan

ICICI Pru MF new issue closes on 17th August

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 58-2 Year Plan E, a close-ended income scheme.

The investment objective of the scheme is to seek to generate regular returns by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the plans. The tenure of the scheme is 745 days.

The new issue closes on 17th August. The minimum investment amount is Rs5,000.

Crisil Composite Bond Fund Index is the benchmark index. Chaitanya Pande is the fund manager.

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