ICICI Pru MF announces change in fundamental attributes

Written By Unknown on Rabu, 26 Februari 2014 | 16.03

ICICI Prudential MF announces change in fundamental attributes under ICICI Prudential Savings Fund, with effect from April 01, 2014.

ICICI Prudential Mutual Fund has announced the changes in the fundamental attributes of ICICI Prudential Savings Fund with effect from April 01, 2014.

Accordingly the changes are:

Asset Allocation: Floating Rate Debt Instruments – 40%-100%:

Money market instruments (MIBOR linked debentures, floating rate CPs, CDs, floating rate bonds less than 182 days or any other instrument permitted by RBI/SEBI).

Non-money market instruments (including floating rate bonds & debentures issued by corporates or PSUs, floating rate gilts, fixed rate debentures / bonds with swap or any other instrument permitted by RBI / SEBI).

Fixed Rate Debt Instruments – 0%-60%:

Money market instruments (including CPs, CDs, treasury bills, gilts lea than 1 year, Repos/Reverse Repos or any other instrument permitted by RBI/SEBI).

Non-money market instruments (including bonds & debentures issued by corporates or PSUs, gilts, securitized debt, fixed deposits or any other instrument permitted by RBI / SEBI).

The scheme may invest upto 35% in securitized debt and invest upto 50% in derivatives instruments.

Existing investors have an option to exit the scheme between February 28, 2014 and March 31, 2014 at applicable NAV without any exit load.


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