NFO – ICICI Prudential Capital Protection Oriented Fund
ICICI Prudential mutual fund which is one of the leading mutual fund houses in india has launched “ICICI Prudential Capital Protection oriented fund Series 1 – 24 months”. This is a closed ended Growth scheme. The minimum amount that has to be invested in this scheme is Rs 5000.
The NFO will open on 03-June-2011 and will close on 17-June-2011. The offer price for the NFO is Rs 10 per unit.
Investment Objective:
The main investment objective of the scheme is to protect the capital of the scheme by investing in high quality debt instruments and money market instruments and they tend to invest the rest in Equity and equity related instruments. They invest in securities which mature or tend to mature along with the scheme.
There are two options available for investing: dividend and growth.
There is no entry load and exit load for investing in this scheme.
Happy Investing!!
