ICICI Prudential MF is planning to launch ICICI Prudential Dividend Yield Fund, which is an open-ended equity fund. The Scheme will have two options- retail option and the institutional option I. The retail option will have growth and dividend sub-options with dividend payout and dividend reinvestment facilities available under dividend sub option. While the Institutional option I will have growth sub-option only.
The scheme will invest 65%-100% in the equity & equity related securities, it invests upto 35% in other equity and equity related securities with medium to high risk profile. Equity investment includes the derivatives to the extent of 75% of the Net Assets as permitted vide SEBI and in line with this, investment in ADR/GDR up to 50% of allocation to Equity & Equity related securities, being maximum permitted under SEBI Regulations.
Besides this, the scheme will also invest upto 35% in debt and money market instruments including securitised debt of upto 50% of allocation to debt instrument
The scheme will invest 65%-100% in the equity & equity related securities, it invests upto 35% in other equity and equity related securities with medium to high risk profile. Equity investment includes the derivatives to the extent of 75% of the Net Assets as permitted vide SEBI and in line with this, investment in ADR/GDR up to 50% of allocation to Equity & Equity related securities, being maximum permitted under SEBI Regulations.
Besides this, the scheme will also invest upto 35% in debt and money market instruments including securitised debt of upto 50% of allocation to debt instrument
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