DEBT FUNDS
Ultra Short Term Plan - Debt Funds - ICICI Prudential

ICICI Prudential Ultra Short Term Plan

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

  • Investors seeking safety and liquidity, while earning stable and competitive returns, in a scenario where it is difficult to forecast the future interest rate outlook.
  • 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 aims to generate regular income by investing in debt and money market instruments of very short maturities.

*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 Ultra Short Term Plan
ICICI Prudential Ultra Short Term Plan-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

Rohan Maru and Chandni Gupta

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