DEBT FUNDS
Savings Fund - Debt Funds - ICICI Prudential

ICICI Prudential Savings Fund

Investment Objective

To generate income through investments in a range of debt and money market instruments of various credit ratings and maturities with a view to maximizing income while maintaining an optimum balance of yield, safety and liquidity.

Key Benefits

  • A portfolio focuses on accrual income, which is derived from floating rate instruments.
  • Reduced interest rate risk of longer term instruments.

This product is suitable for investors who are seeking* :

  • Short term savings solution
  • A Debt Fund that invests in debt and money market instruments of various maturities with an aim to maximise income while maintaining an optimum balance of yield, safety and liquidity.

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


Key Features

Type

Open-ended Income Fund

Plan

ICICI Prudential Savings Fund
ICICI Prudential Savings 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.1,000 (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 Nikhil Kabra

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