Multiple Yield Fund (MYF) - ICICI Prudential
ICICI Prudential Multiple Yield Fund (MYF)
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.
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.
A Close ended income fund
Regular & Direct
Rs.5000 (plus in multiples of Rs.1)
Min. Additional Investment
Rs.1000 (plus in multiples of Re.1)
Redemption Cheques Issued
Minimum Redemption Amt.
Rs.500 (plus in multiples of Re.1)
Systematic Investment Plan
Systematic Withdrawal Plan