DEBT FUNDS
Constant Maturity Gilt Fund - ICICI Prudential

ICICI Prudential Constant Maturity Gilt Fund

A gilt fund that aims to provide reasonable returns by investing in government securities with average maturity of around 10 years.

Investment Philosophy

  • The fund seeks to invest in predominantly in government securities so as to maintain the average maturity of the scheme close to 10 years.
  • The residual maturity of securities shall be in the range between 8 to 12 years.

Key Benefits

  • It is a suitable investment option for those investors who are willing to invest in government securities with high duration which can be beneficial during favourable interest rate cycles.
  • There is no active management thereby reducing the transaction cost in the fund

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A gilt fund that aims to provide reasonable returns by maintaining an average maturity close to 10 years

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

An open ended income fund

Plan

Regular & Direct

Options

Direct Plan - Growth and Dividend Option (Reinvestment and Dividend Payout)
Regular Plan - Growth and Dividend Option (Reinvestment and Dividend Payout)

Default Option

Direct, Growth

Application Amount

Rs. 5,000/- (plus in multiples of Re. 1)

Min. Additional Investment

Rs. 1000 (plus in multiples of Re.1)

Entry Load

Not Applicable. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor

Exit Load

0.25% of applicable NAV if the amount sought to be redeemed or switched out is invested within 7 days from the date of allotment.
Nil if the amount sought to be redeemed or switched out is invested after 7 days from the date of allotment.

Redemption Cheques Issued

-

Minimum Redemption Amt.

Rs. 500/- (plus in multiples of Re.1) or account balance, whichever is less

Systematic Investment Plan

Monthly: Minimum Rs. 1000 p.m plus in multiple of Re.1
Quarterly: Rs. 5000 per instalment plus in multiple of Re.1

Systematic Withdrawal Plan

0.25% of applicable NAV if the amount sought to be redeemed or switched out is invested within 7 days from the date of allotment.
Nil if the amount sought to be redeemed or switched out is invested after 7 days from the date of allotment.



Fund Manager

Rahul Goswami

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