Key Information Memorandum & Common Application Form Key ...

ICICI Prudential Mutual Fund
NAME OF THE SCHEME
FLOATING RATE PLAN
KEY SCHEME FEATURES
FLEXIBLE INCOME PLAN
SHORT TERM PLAN
TYPE
Open-ended Income Fund
Open-ended Income Fund
Open-ended Income Fund
INVESTMENT OBJECTIVE
ASSET ALLOCATION PATTERN
To generate income consistent with prudent risk
from a portion comprising substantially floating
rate debt instruments, fixed rate debt instruments
swapped for floating rate return and also fixed rate
instruments & money market instruments.
65% - 100% Floating Rate Debt Instruments; 0 - 35%
Fixed Rate Debt Instruments
To generate income through investments in a range
of debt instruments and money market instruments
of various maturities with a view to maximising
income while maintaining the optimum balance of
yield, safety and liquidity.
10 to 100% – Money market and Debentures with
residual maturity of less than 1 year. 0 to 90% – Debt
instruments with maturity more than 1 year.
To generate regular returns through investments in a
basket of debt and money market instruments.
Debt Instruments 0 to 100% &
Money Market instruments & cash upto 50%
INVESTMENT STRATEGY
Please refer to page 33-34 for investment strategy
Please refer to page 33-34 for investment strategy
Please refer to page 33-34 for investment strategy
RISK PROFILE OF THE
SCHEMES
RISK MITIGATION FACTORS
Mutual Fund Units involve investment risks including the possible loss of principal. Please read Scheme Information Document (SID) carefully for details on risk factors
before investment. Please refer to Foot Note No. 12 for summarised Scheme Specific Risk Factors.
Please refer to page 35 for Risk Mitigation Factors
Please refer to page 35 for Risk Mitigation Factors
Please refer to page 35 for Risk Mitigation Factors
PLANS AND OPTIONS
Plans - A, B, C & D.
1. Cumulative; 2. Dividend Reinvestment (Fortnightly,
Weekly & Daily frequencies), 3. Dividend Payout (Investment
under Plan B and Plan-D – if the dividend
amount is less than Rs.1,00,000 or the investment
is under Daily Dividend frequency, then the Dividend
amount will be compulsorily reinvested into the
scheme. Default option will be Dividend reinvest)
1. Premium Option (Sub options: Growth, Dividend
Reinvestment with daily & weekly frequencies &
Dividend Payout with weekly frequency); 2. Regular
Option (Sub options: Growth & Dividend
Reinvestment); 3. Institutional Option I (Growth)
w.e.f. March 05, 2009, for investments made under
Dividend payout sub -option, if the amount of
Dividend payout per folio is less than Rs. 1 Lac,
then the Dividend shall be mandatorily reinvested.
(1) Cumulative
(2) Dividend Reinvestment with Fortnightly &
Monthly Frequencies.
(3) Institutional Option - Cumulative & Dividend
(Dividend Payout shall be made only if the dividend
amount is Rs.25,000 or more. Dividend less than
Rs.25,000 shall be mandatorily reinvested.)
Default Option
Option : Plan A; Sub option : Cumulative
Growth & in Dividend Dividend Reinvestment with
minimum available frequency.
Monthly: Minimum Rs. 1,000 + 5 post-dated
cheques for a minimum of Rs. 1,000 each.
Quarterly:Minimum Rs. 5,000+4 post-dated cheques
for a minimum of Rs. 5,000 each.
Min. of Rs. 500 & in multiples of Re.1 thereafter.
Available
Available $$
ØØØ
Growth option. Dividend reinvestment with
minimum available frequency.
Not Available
Systematic Investment Plan
Not Available
Systematic Withdrawal Plan
Switch Facility
Systematic Transfer Plan
APPLICABLE NAV
Not Available
Available
Available $$
ØØØ
Not Available
Available
Available $$
ØØØ
MINIMUM APPLICATION
AMOUNT/NUMBER OF UNITS
Purchase
Additional Purchase
a) Plan - A : Rs.15,000/-
b) Plan - B : Rs.10 lacs
c) Plan - C : Rs.1 crore
d) Plan - D : Rs.5 crores (plus in multiples of Re.1)
Plans A, B & C: Rs.1000 plus in multiples of Re.1;
Plan D: Rs.1 lac
Premium option: Rs.1 cr (plus in multiples of Re. 1);
Regular option: Rs. 5,000 and in multiples of Re.1/-
thereafter.
Institutional option I: Rs.1 lac & in multiples of Re.1/
-
Premium option: Rs.1000 (plus in multiples of Re. 1)
Regular Option: Rs.1,000 & in multiples of Re.1/-
thereafter. Institutional option I: Rs.10,000 & in
multiples of Re.1/-
Retail option: Rs.5,000
(plus in multiples of Re. 1);
Institutional option: Rs.1 Crore
(plus in multiples of Re.1)
Rs. 500 & in multiples of Re.1 thereafter.
Repurchase/Redemption
Rs.500/- and in multiples thereof
Premium: Rs. 1,000/-, Regular: Rs.1,000/-
Rs.500
DESPATCH OF REPURCHASE
(REDEMPTION) REQUEST ##
Generally within 1 Business Day for specified RBI
locations and additional 3 Business Days for Non-
RBI locations.
Generally within 1 Business Day for specified RBI
locations and additional 3 Business Days for Non-
RBI locations.
Generally within 1 Business Day for specified RBI
locations and additional 3 Business Days for Non-
RBI locations.
BENCHMARK INDEX
Crisil Liquid Fund Index
Crisil Liquid Fund Index
Crisil Short Term Bond Fund Index
DIVIDEND POLICY
The Trustee may approve the distribution of dividends
by the AMC under the Dividend option, out of the net
surplus of the Scheme. To the extent the net surplus
is not distributed, the same will remain invested in
the Scheme and be reflected in the NAV.
The above distribution and reinvestment policies
as indicated above are provisional and will be
entirely at the discretion of the Trustee.
The Trustee may approve the distribution of dividends
by the AMC under the Dividend option, out of the net
surplus of the Scheme. To the extent the net surplus
is not distributed, the same will remain invested in
the Scheme and be reflected in the NAV.
NAME OF THE FUND MANAGER
NAME OF THE TRUSTEE COMPANY
NUMBER OF FOLIOS & AVERAGE
ASSETS UNDER MANAGEMENT
(AAUM) AS ON 31/DEC/2010
Chaitanya Pande
ICICI Prudential Trust Limited
FOLIOS: 5,279
AUM: Rs. 1,845.90 Crores
Chaitanya Pande
ICICI Prudential Trust Limited
FOLIOS: 20,402
AUM: Rs. 15,488.71 Crores
Manish Banthia
ICICI Prudential Trust Limited
FOLIOS: 9,518
AUM: Rs. 1,333.79 Crores
SCHEME PERFORMANCE
EXPENSES OF THE SCHEME
Entry Load
Please refer to page 36-38 for performance Please refer to page 36-38 for performance Please refer to page 36-38 for performance
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective
August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of
various factors including the service rendered by the distributor.
Exit Load on applicable NAV
on the basis of the investment
period from the date of
allotment of units *$$$
(a) 0.25%, if the amount, sought to be redeemed or
switched out, is invested for a period of upto 3 days
from the date of allotment; (b) Nil, if invested for a
period of more than 3 days.
Nil
(a) 0.5%, if the amount, sought to be redeemed or switched out,
is invested for a period of upto 6 months; (b) Nil, if invested for
more than 6 months.
Actual Recurring Expenses for the
previous financial year ended
March 31, 2010 (% of NAV)
Waiver of Load for Direct Applications:
Not applicable.
Plan A: 1.43%; Plan B: 1.33%;
Plan C: 1.25%; Plan D: 0.30%
Tax treatment for the Investors
(Unitholders): Refer to page 38
Premium Plan: 0.25%; Regular Option: 0.83%;
Institutional Option I: 1.05%
Daily Net Asset Value (NAV)
Publication: Refer to page 38
For Investor Grievances please
contact: Refer to page 38
Retail Option: 1.52%
Institutional Option: 1.45%
Unitholders’ Information:
Refer to page 38
31