ICICI Prudential Medium Term Bond Fund
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.
Schemes - ICICI Prudential Medium Term Bond Fund
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Real Time NAV
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Closing NAV
Investment Philosophy
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
Key Features
Key Benefits
- Aims to provide opportunity to invest in the steadily developing corporate bond segment in India which is likely to offer attractive risk / reward prospects.
- Endeavour to provide diversification, active credit risk management and liquidity.
- Due emphasis on credit quality.
Who should invest?
- Medium term savings
- A debt scheme that invests in debt and money market instruments with a view to maximise income while maintaining optimum balance of yield, safety and liquidity.
| Scheme Features | |
|---|---|
| Type | An open ended medium term debt scheme |
| Underlying | |
| ISIN | |
| NSE Symbol & BSE Scrip ID | |
| BSE Scrip Code | |
| 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 | |
Fund Manager
Mr. Manish Banthia and Mr. Shadab Rizvi
