ICICI Prudential mutual fund has extended the new fund-offering (NFO) period of ICICI Prudential Fixed Maturity Plan – Series 42- Six Months Plan C from 14 April to 16 April 2008. The issue was opened for subscription on 2 April 2008.
ICICI Prudential Fixed Maturity Plan – Series 42- Six Months Plan C is close-ended debt fund. The NFO price for the fund is Rs 10 per unit. The minimum investment amount is Rs. 5,000 and in multiple of Re 1 thereafter.
ICICI Prudential Fixed Maturity Plan – Series 42 – Six Months Plan C seeking to generate regular returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the plans under the scheme. The scheme will have an investment in money market instruments short-term medium term debt securities and debt instruments.
Presently there is one option available for investment under the scheme viz. retail option. Cumulative and dividend payout sub options are available under retail option. Dividend payout is the only facility available under dividend sub-option.
There will no entry load charged for the scheme due to its close-ended structure. There will be an exit load of 1.00% of the applicable NAV for the redemption made during the repurchase facility period.
ICICI Prudential Fixed Maturity Plan – Series 42- Six Months Plan C is close-ended debt fund. The NFO price for the fund is Rs 10 per unit. The minimum investment amount is Rs. 5,000 and in multiple of Re 1 thereafter.
ICICI Prudential Fixed Maturity Plan – Series 42 – Six Months Plan C seeking to generate regular returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the plans under the scheme. The scheme will have an investment in money market instruments short-term medium term debt securities and debt instruments.
Presently there is one option available for investment under the scheme viz. retail option. Cumulative and dividend payout sub options are available under retail option. Dividend payout is the only facility available under dividend sub-option.
There will no entry load charged for the scheme due to its close-ended structure. There will be an exit load of 1.00% of the applicable NAV for the redemption made during the repurchase facility period.
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