ICICI Prudential Gilt Fund (Investment Plan)
ICICI Prudential Gilt Fund (Investment Plan) is a pure debt fund that invests only in Government securities. To cater to a long term horizon the fund invests in securities of longer tenure. This helps in earning the higher yield associated with longer term investments.
ICICI Prudential Income Plan
ICICI Prudential Income Plan is a debt fund that invests entirely in both short and long term debt securities of the Government and corporate sector. The objective is to earn a rate of interest that commensurates with long term deployment in debt markets that generates income for investors.
ICICI Prudential Flexible Income Plan
ICICI Prudential Flexible Income Plan is a debt fund that invests its funds entirely in both short and long term debt securities of the government and the corporate sector. The objective is to earn returns in the form of interest income and capital gains, which commensurate with long term deployment in debt markets.
ICICI Prudential Long Term Floating Rate Plan
ICICI Prudential Long Term Floating Rate Plan is a debt fund that invests predominantly in debt securities with a floating rate of interest. The majority of floating rate instruments in the portfolio are benchmarked to the 1 year INBNK rate and the rest are benchmarked to a short term rate like the Mibor with resets taking place at 3 month / 6 month intervals.
ICICI Prudential Blended Plan
ICICI Prudential Blended Fund is a blend of equity arbitrage opportunities and short term debt instruments and is open for subscription only for a limited period each month. It features two options:
Blended Plan A, which maintains at least 51% exposure to equity and equity related securities, that can be hiked upto 75%. The fund aims to hedge 50% out of the 51% equity exposure and use the 1% unhedged portion to participate in IPOs to a limited extent. The 51% exposure to equity classifies Plan A as an equity fund and therefore provides Tax Free dividends without being subject to dividend distribution tax.
Blended Plan B, invests predominantly in short term debt, limiting its arbitrage exposure to less than 50%. In both cases, the portfolio component not deployed in arbitrage is held in short term debt instruments.
ICICI Prudential Short Term Plan
The ICICI Prudential Short Term Plan invests in a basket of debt securities, which have a shorter term to maturity. The portfolio predominantly comprises of short term instruments issued by the corporate sector and takes view-based limited G-Sec exposure.
ICICI Prudential Gilt Treasury Plan
ICICI Prudential Gilt Treasury Plan is a pure debt fund that invests in short tenure Government securities (G-Secs).
ICICI Prudential Floating Rate Plan
ICICI Prudential Floating Rate Plan is a debt fund that invests predominantly in debt securities with a floating rate of interest. The focus is on instruments whose rates are benchmarked to short term benchmarks like the Mibor, so that their response to changes in interest rates is rapid.
ICICI Prudential Liquid Plan
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