ICICI Prudential Mutual Fund has announced the launch of two target maturity funds - *ICICI Prudential Nifty SDL Dec 2028 Index Fund* and *ICICI Prudential Nifty G-Sec Dec 2030 Index Fund*
ICICI Prudential Nifty SDL Dec 2028 Index Fund invests in the constituents of the Nifty SDL Dec 2028 index while ICICI Prudential Nifty G-Sec Dec 2030 Index Fund invests in the constituents of the Nifty G-Sec Dec 2030 Index. Both offerings aim to provide returns that closely correspond to the total return of the underlying index, subject to tracking errors.
Highlights:
*ICICI Prudential Nifty SDL Dec 2028 Index Fund*
• An open-ended target maturity index fund tracking Nifty SDL Dec 2028 index
• NFO Date: October 4, 2022, to October 11, 2022
• Index YTM: 7.64%
• Maturity Date of the scheme: December 29, 2028
*ICICI Prudential Nifty G-Sec Dec 2030 Index Fund*
• An open-ended target maturity index fund tracking Nifty G-Sec Dec 2030 Index
• NFO Date: October 4, 2022, to October 10, 2022
• Index YTM: 7.36%
• Maturity Date of the scheme: December 31, 2030
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