DEBT FUNDS

ICICI Prudential Short Term Fund
(Formerly known as ICICI Prudential Short Term 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 income generation and capital appreciation solution
  • A debt fund that aims to generate income by investing in a range of debt and money market instruments of various maturities.

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


Key Features

Type

An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 Year and 3 Years (please refer to investment strategy)

Plan

ICICI Prudential Short Term Fund
ICICI Prudential Short Term 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

● If the units purchased or switched in from another scheme of ICICI Prudential Mutual Fund are redeemed or switched out within 7 days from the date of allotment – 0.25% of the applicable NAV
● If the units purchased or switched in from another scheme of ICICI Prudential Mutual Fund are redeemed or switched out after 7 days from the date of allotment – NIL

Minimum Redemption Amt.

Rs.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

Manish Banthia

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