Description

The ICICI Prudential Fixed Maturity Plan - Series 79 - 1126 Days Plan C, a closed-ended investment vehicle specializing in fixed income, is offered under the ICICI Prudential Mutual Fund umbrella. This fund was collaboratively launched by ICICI Bank Ltd. and Prudential plc, with its operations overseen by ICICI Prudential Asset Management Company Limited. It strategically allocates capital within India's fixed income markets, primarily investing in a variety of fixed income securities and debt instruments, including government bonds, that mature within 1126 days. To build its portfolio, the fund employs a thorough analytical approach, combining fundamental and quantitative methods. Key considerations in this process include assessing management's historical performance, the strength of affiliated entities, capacity to raise resources, access to banking facilities, internal control systems, debt-to-equity ratios, and detailed evaluations of profit and loss statements and balance sheets. The fund's performance is gauged against the CRISIL Composite Bond Fund Index. Inaugurated on June 10, 2016, this investment scheme is based in India.