BALANCED FUNDS
Regular Income Fund - ICICI Prudential AMC

ICICI Prudential Regular Income Fund

Investment Objective

The Scheme seeks to generate regular income through investments in fixed income securities so as to make regular dividend distribution to unitholders seeking the Dividend Option. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments.

Investor Profile

  • The fund intends to generate stable accrual returns with lower volatility by holding its investment till its maturity and investing a portion in equity to generate low volatile income through arbitrage trades.
  • The fund endeavours to invest in relatively high yielding debt instruments. The Fund intends to generate reasonable returns across all interest rate cycles.

Key Benefits

  • Provides the twin benefits of growth from equity markets and steady income from debt markets.
  • Lower volatility of returns and lower risk through diversification.

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

*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. Income is not assured and is subject to the availability of distributable surplus.

Plan

ICICI Prudential Regular Income Fund & ICICI Prudential Regular Income Fund - Direct Plan

Options

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

Default Option

Growth

Application Amount

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

Min. Additional Investment

Rs.1000/- & in multiples thereof

Entry Load

Not Applicable

Exit Load

a)If units purchased or switched in from another scheme of the fund are redeemed or switched out within 3 months from the date of allotment - 0.50% of applicable Net Asset Value(NAV).
b)If units purchased or switched in from another scheme of the fund are redeemed or switched out after 3 months 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: Mr. Rajat Chandak
Debt: Mr. Rahul Bhuskute, Mr. Manish Banthia, Mr. Ritesh Lunawat

mailID