ICICI Prudential Mutual Fund filed an offer document with SEBI to launch ICICI Prudential Interval Fund- Series IV.
It is a debt oriented interval scheme. The scheme plans to launch five quarterly interval plans- ICICI Prudential Interval Fund- Series IV- A to E.
The investment objective of the plan is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. Presently, there are two options available under each plan of the scheme i.e., institutional option and retail option.
Cumulative and dividend sub-options will be available under the scheme. Dividend payout and reinvestment are the facilities available under dividend sub-option.
Retail option shall be the default option; dividend reinvestment shall be default sub option.
It is a debt oriented interval scheme. The scheme plans to launch five quarterly interval plans- ICICI Prudential Interval Fund- Series IV- A to E.
The investment objective of the plan is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. Presently, there are two options available under each plan of the scheme i.e., institutional option and retail option.
Cumulative and dividend sub-options will be available under the scheme. Dividend payout and reinvestment are the facilities available under dividend sub-option.
Retail option shall be the default option; dividend reinvestment shall be default sub option.
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