Financial freedom could mean different things to different people. However, being
financially independent is not always about being rich.
It is simply about having enough money to cover
your expenses and achieve your goals.
We are always looking for Financial Freedom
• A feature that offers a combination of SIP and SWP
to
help you achieve your financial goals.
• You can aim to create wealth
systematically over a period of time by investing in a mutual
fund scheme via SIP (Systematic Investment Plan)
• Post completion of
the SIP Period, you can enjoy the benefit of regular money via SWP
(Systematic Withdrawal Plan)
Switch to the target scheme will be done only when the source and target schemes are different. In case the source and target scheme is same, switch will not take place.
• A feature that offers a unique combination of SIP and SWP to help you
achieve your financial goals.
• You can aim to create wealth systematically over a period of time by investing in a mutual
fund scheme via SIP (Systematic Investment Plan)
• Post completion of the SIP Period, you can enjoy the benefit of regular money via SWP
(Systematic Withdrawal Plan)
• This feature enables you to invest regularly through SIP in a ‘source
scheme’ for a pre-defined tenure.
• You can choose to stay invested in a SIP for either 8 years, 10
years,
12 years, 15 years, 20
years, 25 years or 30 years.
• Post completion of pre-defined tenure, the investments would be
switched to ‘Target Scheme’,
chosen by you.
• You can also choose a desired SWP amount (regular money that gets transferred
to your account).
However, if you don’t specify the desired SWP amount, the SWP amount would be based on the default
amount available under the selected tenure.
Refer the below illustration for a SIP amount of Rs.10,000.
With this feature you have the freedom to choose from a wide range of schemes based on your goals and risk appetite.
This feature inculcates the habit of staying invested for the entire SIP tenure to avail the potential benefits.
You can choose your investment tenure based on your financial goals. This can help you set a realistic path to achieve your financial goals.
If you are willing to invest your money in a systematic manner with an aim to get
regular income in the future, this feature could be a good option!
Freedom SIP (the Facility) including the default monthly SWP payouts do not guarantee, assure, promise or indicate fixed returns/performance of any schemes of the AMC and only indicates the likely amount that can be withdrawn.
ICICI Prudential Freedom SIP (the Facility) including the default monthly SWP payouts do not guarantee, assure, promise or indicate fixed returns/performance of any schemes of ICICI Prudential Mutual Fund or under SIP or of the withdrawal under the Facility. The Facility is an optional feature that allows initial monthly investments through SIP in the source scheme, switch to target scheme after a pre-defined tenure and then monthly SWP from the target scheme. The SWP will be processed either till Dec 2099 or till the units are available in the target scheme, whichever is earlier. The default monthly SWP payout amounts indicates the likely amount that can be withdrawn. Please read the terms and conditions in the mentioned in the freedom SIP application form before investing or visit “ www.iciciprumf.com ” and for schemes where Freedom SIP facility is available. ICICI Prudential AMC reserves the right to make changes in the source and target schemes.
Mutual Fund investments are subject to market risks, please read all scheme
related documents
carefully.
