beating-indias-downside

Beating IndiaÆs downside

A new fund from ICICI Prudential offers equity upside on the Nifty index as well as downside protection.
ICICI Prudential Asset Management launched a first-of-its-kind equity-linked fund in January that offers Indian investors significant upside participation and very little downside risk.

The Fixed Maturity Plan û Series 33 is linked to the National Stock ExchangeÆs Nifty index, which comprises 50 leading stocks traded on the exchange, and is the first fixed-maturity fund to provide exposure to equity markets.

The idea is to provide the low risk of a typical fixed income-style product, but with the juiced-up returns that equity investors want. In the long run investors are probably better off buying the index directly, but, with a three-year maturity and downside protection, this product is aimed at investors who are dabbling in stocks...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222