Fw: NFO from ICICI Prudential Mutual Fund

 

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.   (BLUE) investors understand that their principal will be at low risk (YELLOW) investors understand that their principal will be at medium risk (BROWN) investors understand that their principal will be at high risk

Presenting ICICI Prudential Multiple Yield Fund Series 5 - 1100 Days - Plan A (A close ended Income Fund) The Fund aims to limit downside by investing in high rated debt instruments and at the same time endeavors to generate long term growth by investing in equity. This is achieved through the structure of the Fund's portfolio which will be predominantly invested in debt instruments (aim to limit downside risk), with a limited equity exposure aiming to provide capital appreciation. The returns are sought to be tax efficient.

Suitable for: The Fund can serve as a good transition product for risk averse investors, who primarily save in traditional fixed income investments. Investors who have shunned equities because of their market linked nature can consider investing in this Fund as it has mix of debt and equity instruments. Investors looking forward to enhancing returns, from their portfolio, with a view to beat inflation in the long term, can consider this Fund. In terms of tax efficiency, traditional fixed income investors (in higher tax brackets) can consider investing in this fund.

Other NFO details: Benchmark: Crisil MIP Blended Index Minimum application amount: Rs. 5000/- and in multiples of Rs.10 thereafter Entry Load: Not Applicable; Exit Load: Since the Plan will be listed on the stock exchange, load will not be 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. Liquidity: Listed on BSE Ltd. No redemption/repurchase prior to maturity with the fund house

Investment Approach: For Debt Portion: Investments in securities with high investment grade rating and maturing in line with the duration of the Scheme i.e. 3 yrs (1100 days) and primarily with the objective of holding till maturity. It is endeavoured to build a portfolio which is high on accrual from an asset mix of high investment grade corporate securities and bonds.

For Equity Portion: Focus on bottom up stock picking with no sector or market capitalization bias. The objective is to create a basket of stocks with a 3-year perspective. The focus is on maximizing returns.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.