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Pru ICICI To Introduce Flexible Income Plan

11-Sep-2002•Value Research

Prudential ICICI MF is launching another open-end debt fund - Prudential ICICI Flexible Income Plan.

Prudential ICICI MF is launching another open-end debt fund - Prudential ICICI Flexible Income Plan. The scheme is open for subscription from September 16th to 21st September, 2002 during the initial offer. The minimum investment amount is Rs. 5000. It is a no load fund. The fund offers cumulative option only. It offers purchases and redemption at historic nav for high value cheques.

The fund would be a dynamic asset allocation actively managed debt fund with exposure to fixed income securities and money market instruments. It will endeavor to manage the asset allocation in line with expected market conditions, would take advantage of market volatility.

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