ICICI Prudential MF Files Offer Document

ICICI Prudential MF plans to launch Equity Linked Fixed Maturity Plans and it is a close-ended debt fund. I ICICI Prudential Equity Linked Fixed Maturity Plans offers following series with different maturities: Series A and B with 15 months, Series C, D, E with 24 months, Series F, G & H with 36 months maturity.

The scheme will have three options- retail option, institutional option, and institutional option I with cumulative and dividend payout. Dividend payout is available under dividend sub-option. Retail option shall be the default option and cumulative sub option shall be the default sub- option. Institutional I option will be available only to those investors who use specified application form evidencing presence of underlying investors who are making direct investments in the scheme. The minimum application amount under retail plan is Rs. 5000 and in multiple of Re 1 thereafter. Under institutional option, the minimum application amount is Rs 1 crore and in multiples of Re 1 thereafter. Minimum investment amount for institutional option I is Rs 10 crore and in multiples of Re 1 thereafter. The objective of the fund is to invest in short term and medium term debt instruments with fixed and/or floating payouts linked to the equity indices normally maturing in line with the time profile of the scheme.