ICICI Prudential Corporate Bond Fund, an open-ended debt fund, which invests in corporate bonds of 3 to 7 years tenure.
The scheme focuses on accrual income by investing into medium to long term corporate papers available at a spread over market yields. The fund aims to cater to retail investors with emphasis on higher carry (interest income) with due emphasis on credit quality and liquidity. The ideal investment horizon of this fund is around 3 years.
Real Time NAV |
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Closing NAV |
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Scheme Features | |
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Type | An open ended medium term debt scheme |
Underlying | |
ISIN | |
NSE Symbol & BSE Scrip ID | |
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Pricing | |
Application size - Directly with AMC | |
Application size through NSE & BSE | |
Entry Load | Not Applicable |
Exit Load | ● If units purchased or switched in from another scheme of the Fund are redeemed or switched out up to 10% of the units (the limit) purchased or switched within 1 year from the date of allotment - Nil ● If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit within 1 year from the date of allotment - 1% of the applicable NAV ● If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 year from the date of allotment - Nil |
Authorized Participant |
Mr. Manish Banthia and Mr. Shadab Rizvi