DEBT FUNDS
Multiple Yield Fund (MYF) - ICICI Prudential

ICICI Prudential Multiple Yield Fund (MYF)

Investment Philosophy

ICICI Prudential Multiple Yield Funds aim to limit downside just like any traditional fixed income investments by investing in high rated instrument and at the same time endeavors to generate better returns on the upside. This is achieved through the structure of the fund's portfolio which is predominantly invested in debt instruments (limiting downside), with a limited equity exposure aiming to provide capital appreciation.

Key Benefits

This product is suitable for investors who are seeking* :

  • Short term / Medium term/ Long term savings solution ¿ This will depend on the tenure of the Plans launched under the Scheme.
  • A Hybrid fund that seeks to generate income by investing in fixed income securities and aim for capital appreciation by investing in equity and equity related instruments.

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


Key Features

Type

A Close ended income fund

Plan

Regular & Direct

Options

-

Default 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

-

Redemption Cheques Issued

-

Minimum Redemption Amt.

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

Systematic Investment Plan

-

Systematic Withdrawal Plan

-

Data not Found



Fund Manager

Rahul Goswami,Rajat Chandak and Chandni Gupta

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