Sometimes we overestimate our need to have instant access to our money. This leads to our hard earned money lying idle in the bank account, while we keep planning to deploy our money in a way that will earn higher interest. At the same time we may not want to lock our money into a long term investment because we might require it in the near future.
ICICI Prudential Short Term Plan, an open-ended income fund, is designed for such short-term requirement, as it enables deploying of funds for shorter periods of time, from 3 to 6 months, to generate regular income while cautiously monitoring the rate of interest.
Real Time NAV |
|
Closing NAV |
|
Scheme 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) |
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 | ● NIL |
Authorized Participant |
Manish Banthia