DEBT FUNDS
Banking And PSU Debt Fund - ICICI Prudential

ICICI Prudential Banking And PSU Debt Fund

Investment Objective

To generate regular income through investments in a basket of debt and money market instruments consisting predominantly of securities issued by entitites such as Banks and Public Sector Undertakings (PSU) with a view to providing reasonable returns while maintaining an optimum balance of safety, liquidity and yield.

Key Benefits

  • The portfolio would usually comprise of high credit quality investment grade instruments.
  • Accrual income usually provides stable portfolio returns.
  • The probability of capital erosion is low and Interest rate risk is sought to be minimized by maintaining a low duration.

This product is suitable for investors who are seeking* :

  • Short term savings solution
  • A Debt Fund that aims to generate regular income by investing in debt and money market instruments predominantly issued by Banks and Public Sector Undertakings.

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


Key Features

Type

An open-ended income fund

Plan

ICICI Prudential Banking & PSU Debt Fund
ICICI Prudential Banking & PSU Debt Fund - Direct Plan

Options

Growth Option and Dividend Option with Dividend Payout and Reinvestment

Default Option

Growth Option

Application Amount

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

Min. Additional Investment

Rs.1000 (plus in multiples of Re.1)

Entry Load

Not Applicable

Exit Load

Nil

Minimum Redemption Amt.

500/- or all units where amount is below 500/-

Systematic Investment Plan

Available

Systematic Transfer Plan

Available , Flex and Value STP also available

Systematic Withdrawal Plan

Available



Fund Manager

Rahul Goswami and Chandni Gupta

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