Although there are those who would like to leverage the benefits of equity investing, several investors are focused on conservative growth and regular income. This is reflected through portfolio's that are predominantly invested in fixed income securities.

However, these investors have the option add a 'spark' to their returns, by looking for a measured and limited exposure to equity.

ICICI Prudential Income Multiplier Fund, an open-ended debt fund that invests upto 30% in equity, adds a pinch of equity to your debt portfolio, so that you can benefit from the dynamism of equity markets, with peace of mind.

Investment Philosophy

This fund predominantly invests in a debt portfolio that is conservatively managed with a focus on generating regular income. The objective is to keep interest rate risks and credit risks low. The debt component is about 70% of the portfolio, and can be upped to 100% should there be a need. To the basic debt portfolio, equity exposure of a maximum 30% is added, to enable the portfolio to benefit from a conscious, but small allocation to equity. The equity portfolio is diversified, and is made up of large, well established stocks that are chosen for their fundamental worth.

Key Benefits

A core portfolio invested in debt provides stability to the investment.
Provides limited exposure to equity that has the potential to spike up the returns generated from the basic debt portfolio.

This product is suitable for investors who are seeking:

Medium term regular income solution
A hybrid fund that aims to generate regular income through investments primarily in debt and money market instruments and long term capital appreciation by investing a portion in equity.
Medium risk.