ICICI Prudential Corporate Bond Fund
(Formerly known as ICICI Prudential Ultra Short Term Plan)
Investment Objective
To generate income through investing predominantly in AA+ and above rated corporate bonds 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 debt scheme predominantly investing in highest rated corporate bonds.
*Investors should consult their financial advisers if in doubt about whether the
product is suitable for them.
Key Features
Type
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds.
Plan
ICICI Prudential Corporate Bond Fund
ICICI Prudential Corporate Bond 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
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