ICICI Mutual Fund has extended the offer period for ICICI Fixed Maturity Plan Series 44-Fifteen Months Plan. Now the offer would close on 11 June 2008 instead of 5 June 2008. The scheme is a close-ended debt scheme. The investment objective of the plan is 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. Being a close-ended scheme it cannot charge any entry load on subscription received. The scheme charges an exit load of 2.00% for redemption made during the repurchase facility period.
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