ICICI Prudential Mutual Fund to Launch CRISIL IBX AAA Bond Financial Services Index Dec 2026 Fund DP

The ICICI Prudential CRISIL-IBX AAA Bond Financial Services Index – Dec 2026 Fund (Direct Plan) is an open-ended debt scheme that seeks to replicate the performance of the CRISIL-IBX AAA Financial Services Index – Dec 2026. It focuses on high-quality, AAA-rated securities with maturities on or before December 2026, aiming to deliver predictable returns with limited risk.

Investment Details and Plan Options

The New Fund Offer (NFO) for this Direct Plan is open from January 17, 2025, to January 24, 2025. Investors can start with a minimum investment of ₹1,000. This plan caters to those looking to invest directly without distributor involvement, potentially reducing costs. It offers two plan options: Growth, for capital appreciation, and IDCW (Income Distribution cum Capital Withdrawal) on a yearly basis for periodic payouts.

Risk and Exit Load

The fund’s riskometer indicates a “Low to Moderate” risk level, suitable for conservative investors. An exit load of 0.25% applies if units are redeemed within 30 days of purchase, encouraging investors to hold for the intended maturity period to optimise returns.

Benchmark and Fund Category

The scheme is benchmarked against the CRISIL-IBX AAA Financial Services Index – Dec 2026. It falls under the “Debt: Target Maturity” category, focusing on a structured investment approach with a defined maturity timeline.

Fund Management Team

The Direct Plan is managed by two professionals:

• Darshil Dedhia, a CA and CFA with over a decade of experience at ICICI Prudential Mutual Fund.
• Rohit Lakhotia, is a B.Tech graduate from NIT Rourkela and an MBA from the National Institute of Industrial Engineering, with prior roles at Yes Bank and Samsung Electronics.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing