ICICI Prudential MF introduces ICICI Prudential Regular Savings Fund
Bangalore: ICICI Prudential Mutual Fund has introduced ICICI Prudential Regular Savings Fund and the new fund offer will remain open from 15th November, 2010 to 29th November, 2010.
ICICI Prudential Regular Savings Fund is an open ended income scheme. Its objective is to provide reasonable returns by maintaining an optimum balance of safety, liquidity and yield. By investing in a basket of debt and money market instruments, the new fund offer aims to deliver consistent performance.
With the minimum application amount of 
10,000, the scheme will charge two percent exit load, if the investment is redeemed within 1 year from the date of allotment.
The scheme will be managed by Chaitanya Pande and it will be benchmarked against Crisil Composite Bond Fund Index.
10,000, the scheme will charge two percent exit load, if the investment is redeemed within 1 year from the date of allotment.
The scheme will be managed by Chaitanya Pande and it will be benchmarked against Crisil Composite Bond Fund Index.