We are pleased to launch our ICICI Prudential MIP-5.The fund will maintain an avaergare 5%(Can go as high as 10%) in Equity and 95% in short term debt with the objective to generate accrual income form the debt portfolio.
# Debt allocation focused on accrual income with minimal volatility
# Fixed income allocation managed with conservative approach
# Equity allocation focused on capital preservation rather than aggressive returns
# Equity allocation with an aim to act as returns enhance for the portfolio
# Strive for healthy returns over a 1 year plus investment horizon
# Provide an income fund to initiate non-equity investors with very marginal equity exposure.
# The fund has the following dividend payout and re-investment frequecy:Monthly,Quarterly and Half Yearly.
#The fund will have an exit load of 1% for 1 year and post that the exit load will be nil.
The product is very well poised to take the advantage of high yield in while constructing its debt portfolio and with low equity allocation can potentially deliver better return then MIP's with higher equity allocation if one sees the market to be flat or negative.
