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Mutual Funds in India : Prudential ICICI Mutual Fund : Prudential ICICI Monthly Income Plan


Prudential ICICI Monthly Income Plan



Objective : To generate regular income through investments in fixed income securities and also to generate long term capital appreciation by investing a portion in equity and equity related instruments.

Structure : Open-ended Income Fund with no assured returns

Inception Date : June 19, 1998

Plans and Options under the Plan :
Dividend (Monthly, Quarterly, Half Annually) and Cumulative. Automatic Encashment Plan (AEP) also offered.

Face Value (Rs/Unit): Rs. 10

Minimum Investment :
Rs.5000 (plus in multiple of Re.1).

Entry Load : Nil.

Exit Load : Any purchase transaction less than Or upto Rs.10 lakhs - 0.50% if exit within 6 months;Any purchase transaction of above Rs. 10 lakhs : Nil.

Latest NAV

Scheme Name NAV (Net Asset Value) Repurchase Price Sale Price Date
ICICI Prudential MIP-Cumulative 19.8859 19.7865 19.8859 4-Jul-2008
ICICI Prudential MIP-Dividend-Half Yearly 11.0618 11.0065 11.0618 4-Jul-2008
ICICI Prudential MIP-Dividend-Monthly 10.9142 10.8596 10.9142 4-Jul-2008
ICICI Prudential MIP-Dividend-Quarterly 11.0963 11.0408 11.0963 4-Jul-2008





Open Ended

Close Ended

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