ICICI MF Comes Out With New FMP - Series 33- Plan A

ICICI MF has launched a new scheme and it is a close-ended debt fund. The maturity profile of the plan would be 1106 days. The investment objective of the Plan under the scheme is to seek to invest in short term and medium term debt instruments with fixed and floating payouts linked to the equity indices normally maturing in line with the time profile of the plan. 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 scheme. 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. It is proposed to make investments in debt securities having tenure of 3 years. Investment in equity index linked debt instruments will be up to 80% of the net assets.