ICICI Prudential Mutual Fund has launched a new fund (NFO) in the name as ICICI Prudential Capital Protection Oriented Fund II – Series VII (24 Months period). The objective of the Plan under the scheme is to protect capital by investing a portion of the portfolio in good quality debt securities & money market instruments(88% – 100%) and also to provide capital appreciation by investing the balance in equity and equity related securities(0% – 12%). The securities would mature on or before the maturity of the Plan under the scheme. However, there is no assurance by the AMC that the…

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