BALANCED FUNDS
MIP 25 - Balanced Mutual Funds - ICICI Prudential

ICICI Prudential MIP 25

Investment Objective

To generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme.

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.

This product is suitable for investors who are seeking* :

  • Medium to Long 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.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

An Open Ended Income Scheme. Monthly income is not assured and is subject to the availability of distributable surplus.

Plan

ICICI Prudential MIP 25

Options

Growth Options/ Growth AEP (with Regular and Appreciation) and Dividend Payout and Reinvestment Option.

Default Option

Growth Option, Default Sub-option is Dividend Reinvestment

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.500/- & in multiples thereof

Entry Load

Not Applicable

Exit Load

Upto 10% of units within 1 Year from the date of allotment - Nil
More than 10% of units within 1 Year from the date of allotment - 1% of applicable Net Asset Value (NAV)
After 1 Year from the date of allotment - Nil

Minimum Redemption Amt.

Rs. 500 or all units where amount is below Rs. 500

Systematic Investment Plan

Available

Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan

Available



Fund Manager

Equity : Rajat Chandak
Debt : Manish Banthia

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