ICICI MF Launches New FMP

Name of Fund: ICICI Prudential Fixed Maturity Plan Series 41 16 months plan

Scheme: A close-ended debt fund

Objective: A close-ended debt scheme seeking 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. It is proposed to make investments in securities having tenure of approx 480 days.

Asset Allocation: The fund would invest up to 100% in money market instruments, short term and medium term debt securities/debt instruments and securitised debt. The investments in central and state government securities will be in normal circumstances limited to 50% of the net assets of the plan. The investment in securitised debt will be 50% of the net asset and derivative instruments to the extent of 50% of the net assets of the scheme.

Fund Opens: 17 December 2007

Fund Closes: 27 December 2007

Face Value: Rs 10

Investment Options: Presently there is one option available under the scheme viz. retail option. The cumulative and dividend sub-options are available under this option. The dividend payout is the only facility available under dividend sub-option.

Load: Due to its close-ended structure the scheme does not charge any entry load. There will be an exit load of 2.00% for the redemption made during the repurchase facility period.

Minimum Investment Amount: The minimum investment amount under retail plan is Rs. 5000 and in multiples of Re. 1 thereafter The minimum investment amount under institutional plan is Rs. 1 crore and in multiples of Re. 1 thereafter