ICICI Pru MF new issue closes on 12th September
ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 59-1 Year Plan D, a close-ended income scheme.
The investment objective of the scheme is to generate regular returns by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the plan under the scheme. The tenure of the scheme is 367 days.
The new issue closes on 12th September. The minimum investment amount is Rs5,000. Crisil Short Term Bond Fund Index is the benchmark index. Chaitanya Pande is the fund manager.