ICICI Prudential Mutual Fund has launched a new 735 days fund, India Infoline reports. The ICICI Prudential Capital Protection Oriented Fund - Series I - 24 Months Plan will invest about 88-100% of assets in debt securities and money market instruments with low to medium risk profile. The fund will be benchmarked against the Crisil MIP Blended Index. The debt portion of the scheme will be managed by Chaitanya Pande, while the equity portion will be run by Mrinal Singh.
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