ICICI Prudential Mutual Fund has extended the offer period for its ICICI Prudential FMP Series 44-One year Plan D. Now the offer would close on 19 June 2008 instead of 17 June 2008. The new fund offer was opened for subscription on 9 June 2008. ICICI Prudential Fixed Maturity Plan - Series 44 -One Year Plan D is a close-ended debt scheme. The scheme seeks to generate returns by investing in a portfolio of fixed income securities and debt instruments normally maturing in line with the time profile of the scheme. There are two options available for investment under the scheme viz. retail option and institutional options. The scheme will further offer growth and dividend option. The minimum investment amount under retail plan is Rs. 5000 and in multiples of Re. 1 thereafter. For institutional plan, the minimum investment amount is Rs. 1 crore and in multiples of Re. 1 thereafter.
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