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Friday, July 25, 2014

ICICI Prudential MF Announces Changes In ICICI Prudential Fixed Maturity Plan – Series 68 – 369 Days Plan I

ICICI Prudential Mutual Fund has announced change in the provisions of ICICI Prudential Fixed Maturity Plan – Series 68 – 369 Days Plan I. The following changes are: 

Asset allocation: 
The scheme would invest 50%-100% of assets in debt instrument including securitized debt and invest upto 50% of assets in money market instruments. 

The scheme would have 100% of exposure in NCDs. 

Maturity Provision: The tenure of the scheme will be 763 days and will mature on 02 August 2016. 

Fund Managers: Rahul Goswami and Mohan Maru.
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