Long Term Plan - Debt Funds - ICICI Prudential

ICICI Prudential Long Term Plan

In a dynamic market environment, there are investors who are looking relatively safe avenue for their investments over a longer term. Although the markets may seem irrational, there is a method and logic to the market's behaviour, which can be understood only in hindsight.

With an aim to counteract this behaviour and to prevent our hard earned money from lying idle in traditional investment options, we can aim to provide it the potential to earn income and growth by looking at opportunities in fixed-income securities.

ICICI Prudential Long Term Plan is an open-ended income fund that aims to dynamically manage duration in the range of 1 to 10 years based on in-house CA (Current Account) model. The fund intends to generate potential capital appreciation through active duration management. The Fund intends to generate potential capital appreciation by following model based dynamic duration management that will enable the fund manager to systematically manage interest rate risk.

Investment Philosophy

This fund invests in fixed income securities of high credit quality with a view of maximizing income while maintaining an optimum balance of yield, liquidity and safety. The fund will follow dynamic duration management strategy with an aim to systematically manage the interest rate risk.

Key Benefits

  • The fund offers a one stop investment avenue for a conservative investors looking at debt allocation for a medium to long-term investment horizon.
  • The fund benefits from changing interest rate cycles with controlled interest rate risk.

This product is suitable for investors who are seeking* :

  • Medium term savings solution
  • A Debt Fund that invests in debt and money market instruments witha view to maximise income while maintaining optimum balance of yield, safety andliquidity.

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

Key Features


Open-ended Income Fund


Regular & Direct


Growth, Bonus, Dividend options having dividend payout and reinvestment sub options (with weekly, quarterly and annual frequencies)

Default Option

Growth Option

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

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

Entry Load

Exit Load

If the amount sought to be redeemed or switched out, is invested for a period of up to 1 month from the date of allotment - 0.25% of the applicable NAV

If the amount sought to be redeemed or switched out, is invested for a period of more than 1 month from the date of allotment - Nil

Redemption Cheques Issued


Minimum Redemption Amt.

Rs.500 (plus in multiples of Re.1)

Systematic Investment Plan

Monthly: Minimum Rs.1,000 + 5 post - dated cheques for a minimum of Rs.1,000 each Quarterly: Minimum Rs. 5000 + 3 post - dated cheques of Rs. 5000 each.

Systematic Withdrawal Plan

Minimum of Rs.500 and in multiples of Re.1/-

Fund Manager

Manish Banthia and Anuj Tagra