ICICI Prudential Life Insurance launched a debt fund which will enable customers to lock-in their investments at current high interest rates, build long-term wealth and achieve financial goals.
The prevailing interest rate regime provides customers with an excellent opportunity to invest in the debt fund – ICICI Pru Constant Maturity Fund – the first such fund in the life insurance market.
This fund is available for investments with the Company’s flagship Unit Linked Insurance Plans (ULIP). ICICI Pru Constant Maturity Fund is available with Unit Linked Products from May 15. Investments in ULIPs provide tax benefits. Customers have the option of investing in this fund through the Company’s ULIP offerings like ICICI Pru Signature, ICICI Pru Smart Life and ICICI Pru LifeTime Classic.