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ICICI MF Floats Capital Protection Fund

ICICI Prudential Mutual Fund has launched a new 735 days fund.

    ICICI Prudential Mutual Fundhas launched a new 735 days fund,India Infolinereports. TheICICI Prudential Capital Protection Oriented Fund - Series I - 24 Months Planwill invest about 88-100% of assets in debt securities and money market instruments with low to medium risk profile.

    The fund will be benchmarked against theCrisil MIP Blended Index. The debt portion of the scheme will be managed byChaitanya Pande, while the equity portion will be run byMrinal Singh.

    Click here for the story fromIndia Infoline.

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