MUTUAL FUNDS
ICICI Pru Mutual Fund introduces Multiple Yield Fund-Series 11-Plan D 1361 Days
Oct-20-2016

ICICI Prudential Mutual Fund has launched the ICICI Prudential Multiple Yield Fund-Series 11-Plan D 1361 Days, a close ended income scheme. The NFO opens for subscription on October 20, 2016 and closes on November 03, 2016. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.

The scheme’s performance will be benchmarked against combination of CRISIL Composite Bond Fund Index (80%) and Nifty 50 Index (20%) and its fund managers are Vinay Sharma, Rahul Goswami, Chandni Gupta and Ihab Dalwai.

The investment objective of the scheme is to generate income 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.

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