12 Apr 2008 | 12:12 ICICI Prudential MF files offer document

Name of Fund: ICICI Prudential Fixed Maturity Plan Series 44

Scheme: It is a close-ended debt fund. ICICI Prudential Fixed Maturity Plan Series 44 offers following series with different maturities: One Month Plan B, One Month Plan C, One Month Plan D, Three Months Plan A, Three Months Plan B, Three Months Plan C, Three Months Plan D, Three Months Plan E, One Year Plan A, One Year Plan B, One Year Plan C, One Year Plan D, Fifteen Months Plan and Eighteen Months Plan.

Face Value: Rs. 10 per unit.

Investment Option: Presently, there are three options available under each Plan of the Scheme i.e. Institutional Option I, Institutional Option and Retail Option. Cumulative and Dividend sub-options will be available under the Scheme. Dividend Payout is the only facility available under Dividend sub-option. Retail option shall be the default option; Dividend Payout is the default sub-option under all One Month and Three months Plans. Cumulative sub-option shall be default sub option under all One-year plans, Fifteen Months Plan and Eighteen Months Plan.

Minimum Investment Amount: The minimum application amount under retail plan is Rs. 5000 and in multiple of Re 1 thereafter. Under institutional option, the minimum application amount is Rs 1 crore and in multiples of Re 1 thereafter. Minimum investment amount for institutional option I is Rs 10 crore and in multiples of Re 1 thereafter.

Objective: The objective of the fund is to generate regular returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the plans under the scheme.

Entry Load: Being a close-ended scheme; investors can subscribe to the units of the Plans under the Scheme during the New Fund offer period only.

Exit Load: The scheme charges an exit load as follows:

Plan(s)	Exit Load
One Month Plan A, One Month Plan B, One Month Plan C, One Month Plan D, Three Months Plan A, Three Months Plan B, Three Months Plan C, Three Months Plan D and Three Months Plan E	1%
One Year Plan A, One Year Plan B, One Year Plan C, One Year Plan D, Fifteen Months Plan and Eighteen Months Plan	2%

Asset Allocation: The scheme will invest up to 100% in money market instruments, short-term and medium term debt securities/debt instruments, and securitised debt. The investment in securitised debt will be up to 50% of the net assets and derivatives instruments to the extent of 50% of the net asset of the scheme. The investments in central and state government securities will be in normal circumstances limited to 50% of the net assets of the plan.

Benchmark Index: For all the plans under ICICI Prudential Fixed Maturity Plan - Series 44, the performance of the plans will be benchmarked as under:

Plan(s)	Benchmark
One Month Plan A, One Month Plan B, One Month Plan C, One Month Plan D, Three Months Plan A, Three Months Plan B, Three Months Plan C, Three Months Plan D and Three Months Plan E	CRISIL Liquid Fund Index
One Year Plan A, One Year Plan B, One Year Plan C, One Year Plan D, Fifteen Months Plan and Eighteen Months Plan	CRISIL Short Term Bond Fund Index

Fund Manager: Mr. Chaitanya Pande