Important dates for the two FMPs are:
ICICI Prudential Fixed Maturity Plan-Series 61- 3 Year Plan F: The NFO opens on February 7, 2012 and closes on February 15, 2012. Duration is for 1105 Days.
ICICI Prudential Fixed Maturity Plan-Series 62-417 Days Plan D :The NFO opens on February 7, 2012 and closes on February 9, 2012.Duration is for 417 Days.
The investment objective of the schemes is to seek to generate regular returns by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the schemes.
The fund seeks to collect a minimum subscription amount of Rs 20 crore under each scheme during the NFO period.
Allocation of funds:
The scheme's would allocate upto 100% of assets in short term and medium term debt securities / debt instruments and securitized debt with low to medium risk profile. Investment in securitized debt would be upto 50%.
NFO Price: Rs 10 per unit
Options: Cumulative and Dividend Payout
Minimum Application Amount: Rs 5000 and in multiples of Rs 10 thereafter.
Benchmark: Crisil Short Term Bond Fund Index.
Exit Load: Nil
Fund Manager:Mr. Chaitanya Pande.