DEBT FUNDS
Regular Savings Fund - Debt Funds - ICICI Prudential

ICICI Prudential Regular Savings Fund

ICICI Prudential Regular Savings Fund, an open ended income fund, is a pure retail debt fund that seeks to earn superior levels of return at lower levels of risk. As the name suggests, the fund strives to help individuals save regularly by providing an investment avenue which focuses on accrual income, limits volatility & strives for healthy yields, over a 1 year plus investment horizon.

Investment Philosophy

The fund intends to provide reasonable returns, by maintaining an optimum balance of safety, liquidity and yield, through investments in a basket of debt and money market instruments, with a view to deliver consistent performance. The core strategy will be to strive for returns from accrual income. The fund will follow a buy & hold strategy, thereby managing a stable duration. It will invest in investment grade fixed income securities across the yield curve, primarily into non-gilt issuances & look at yield enhancement through researched credits / structures.

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 endeavors to generate accrual returns with reduced mark-to-market risk
  • Offers a potentially low to moderate risk option of investing in mutual funds.
  • A disciplined investor can invest with a minimum investment horizon in mind (typically 12 months or more) by ignoring daily fluctuations in NAV

This product is suitable for investors who are seeking* :

  • Medium term savings solution
  • A Debt Fund that aims to deliver consistent performance by investing in a basket of debt and money market instruments with a view to provide reasonable returns while maintaining optimum balance of safety, liquidity and yield.

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


Key Features

Type

Open ended income fund

Plan

Regular & Direct

Options

-

Default Option

Growth, Dividend: reinvestment with minimum available frequency

Application Amount

Min Application Amt : Rs.10,000/-

Min. Additional Investment

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

Entry Load

Nil

Exit Load

i) If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 10% of the units (the limit) within 1 year from the date of allotment - NIL.
ii) If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit within 1 Year from the date of allotment - 1% of the applicable Net Asset Value (NAV).
iii) If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year 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

Available



Fund Manager

Rahul Bhuskute

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