ICICI Prudential mutual fund has announced to change in the application amount and minimum redemption amount under ICICI Prudential Flexible Income Plan, with effect from 11 May 2009. Accordingly, the additional application amount and minimum redemption amount under Premium Option of the scheme will be Rs 1000 and in multiples of Re 1 thereafter.
ICICI Prudential Flexible Income Plan is an open ended income fund, with an investment objective of generating income through investments in a range of debt instruments and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
ICICI Prudential Flexible Income Plan is an open ended income fund, with an investment objective of generating income through investments in a range of debt instruments and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
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