First Time In Mutual Fund Industry MONEY BACK OPTION Introduced by India Most Reputed Fund House ICICI Prudential Mutual Fund. ICICI Prudential Mutual Fund has introduced this Innovative option in its Flagship Blanced Scheme ICICI Prudential Balanced Advantage Fund.
Exclusive Features Introduced in Money Back Feature
- Predictable Monthly Regular Cash Flows @ 9% P.A. of Principal Amount on Fixed date to meet Monthly Expenses.
- No Exit Load on Cash flows.
- Tax Efficiency – Totally Tax Free Cash flows after 1 Year of Investment.
- No TDS- Tax deducted at source
- Scope of Growth of Principal Amount subject to performance of underlying.
Fund Facts ICICI Prudential Balanced Advantage Fund
ICICI Prudential Balanced Advantage Fund is an Open ended Equity Fund that aims to make investing easy and less stressful, by allocating between different investment options as per changing market conditions. Now you need not worry about when to enter and exit the market.
Investment Philosophy:-
The fund aims to generate low volatility returns by investing in a judicious mix of cash equities, equity derivatives and debt markets. The usage of Equity derivatives in this fund is intended to hedge the portfolio against the downside risks, thereby allowing it to generate low volatility returns. This way the fund aims to provide better returns than typical debt instruments and lower volatility in comparison to equity.
This Scheme is suitable for Investors seeking:-
- Investors seeking to participate in the equity markets with risk mitigation capability
- Investors who have been long-term investors in debt products and are seeking some exposure to long term equity with lower volatility / downside risks.
How Money Back Features works
Download Full Presentation of Scheme and Money back Feature
To Invest:-
Download New & Money Back Feature Updated Application Form
Cheque will be drawn in favor of ICICI Prudential Balanced Advantage Fund
To Download KYC Forms Click Here
Application Forms can be sent at Your nearest CAMS Location
For More Information Call 9315120004, 9896155783, You can also whatsapp your query @ 9896155783.