BALANCED FUNDS
Monthly Income Plan - Balanced Fund

ICICI Prudential Monthly Income Plan

Investment Objective

To generate regular income through investments primarily in debt and money market instruments. As a secondary objectve, 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.
  • Limited exposure to equity has the potential to spike up the returns.

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 in fixed income securities with an aim to make regular dividend payment and seek for 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 Monthly Income Plan & ICICI Prudential Monthly Income Plan - Direct Plan

Options

Growth, AEP (Appreciation & Regular), Dividend (Payout & Reinvestment)

Default Option

Growth, Default sub-option is Dividend Reinvestment

Application Amount

a) Growth : Rs.5,000
b) Dividend & AEP : Rs.25,000 (plus multiples of Re.1)

Min. Additional Investment

Rs.500/- & in multiples thereof

Entry Load

Not Applicable

Exit Load

• If the amount, sought to be redeemed or switched out, is invested for a period of upto 1 year from the date of allotment 1%.
• If the amount, sought to be redeemed or switched out, is invested for a period more than 1year 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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