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ICICI Prudential Multiple Yield Fund - Series 2 - Plan F

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ICICI Prudential Unveils Multiple Yield Fund
ICICI Prudential has unveiled new Multiple Yield Fund - Series 2 - Plan F , a close ended income scheme for the tenure 1100 days.

The primary objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments.

 

The secondary objective of the Scheme is to generate long term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments.

 

However, there can be no assurance that the investment objective of the under the Scheme will be realized. Entry and Exit load are not applicable.

Investors shall note that the brokerage on sales of the units of the Schemes on the stock exchanges shall be borne by the investors.

NFO opens on 10-Apr-2012 and closes on 24-Apr-2012. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter. The benchmark is CRISIL MIP Blended Index.

GoodReturns.in

Read more about: mutual funds icici nfo
Story first published: Saturday, April 14, 2012, 11:41 [IST]
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