ICICI Prudential Mutual Fund has announced rollover of ICICI Prudential Fixed Maturity Plan – Series 70 – 368 Days Plan M.
The features of the proposed rollover are as follows:
Asset Allocation:
The scheme will invest 70%-100% of assets in debt instrument including securitized debt and invest upto 30% of assets in money market instruments.
The scheme will have 100% of exposure in AA rated Non Convertible Debentures.
Maturity Provision: The tenure of the scheme will be 742 days and will mature on 18 October 2016.
Fund Manager: Rahul Goswami & Rohan Maru.