DEBT FUNDS

ICICI Prudential Savings Fund
(Formerly known as ICICI Prudential Flexible Income Plan)

Investment Objective

To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

This product is suitable for investors who are seeking* :

  • Short term savings
  • An open ended low duration debt scheme that aims to maximise income by investing in debt and money market instruments while maintaining 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

An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months (please refer to investment strategy)

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.100 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.100 (plus in multiples of Rs.1)

Entry Load

Not Applicable

Exit Load

Nil

Minimum Redemption Amt.

Rs. 100 and in multiples of Re.1/-

Systematic Investment Plan

Available

Systematic Transfer Plan

Available , Flex and Value STP also available

Systematic Withdrawal Plan

Available



Fund Manager

Rahul Goswami and Rohan Maru

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