New mutual funds of ICICI Prudential and SBI in the market

ICICI PRUDENTIAL FIXED MATURITY PLAN – SERIES 82 – 1119 DAYS PLAN X

Mutual Fund ICICI Prudential Mutual Fund
Scheme Name ICICI Prudential Fixed Maturity Plan – Series 82 – 1119 Days Plan X
Objective of Scheme The investment objective of the Scheme is to seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme.
Scheme Type Close Ended
Scheme Category Income
New Fund Launch Date 11-Apr-2018
New Fund Offer Closure Date 12-Apr-2018
Indicate Load Separately Entry Load Not Applicable.Exit Load Since the Scheme will be listed on the stock exchange, exit load will not be applicable.
Min. Subscription Amount ₹ 5000
For Further Details Please Visit Website www.icicipruamc.com

 

SBI LONG TERM ADVANTAGE FUND – SERIES VI

Mutual Fund SBI Mutual Fund
Scheme Name SBI Long Term Advantage Fund – Series VI
Objective of Scheme The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit.However, there can be no assurance that the investment objective of the Scheme will be realized.
Scheme Type Close Ended
Scheme Category ELSS
New Fund Launch Date 11-Apr-2018
New Fund Earliest Closure Date 10-Jul-2018
New Fund Offer Closure Date 10-Jul-2018
Min. Subscription Amount ₹ 500 and in multiples of ₹ 500 thereafter
For Further Details Please Visit Website www.sbimf.com

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