ICICI Prudential FREEDOM SIP

Invest your way
to financial freedom

Accumulate wealth over the period of time, and get regular payout for your whole life…!


What is Freedom SIP ?

You may know what the SIP is, the Freedom SIP is tailor made product of combination of mutual fund schemes offered by ICICI Prudential Mutual Fund. In Freedom SIP, you invest regularly thru SIP for a certain period, after the completion of tenure of the SIP, the accumulated corpus switched to selected target scheme (Mostly Debt or Balanced Advantage Fund). From the target scheme investor receive the monthly payout by SWP – Systematic Withdrawal Plan until the target scheme have the payable units.

How does
Freedom SIP work ?

You invest your money for a selected tenure to create wealth, after the SIP period ends  you will start receiving your payout every month in multiple times of your SIP amount till the year 2099 or until units available in your target scheme.

Free how it works 4
Free how it works 3

Steps to start Freedom SIP

Choose your
SIP amount


for example Rs. 10000/- per month.*

Choose your
Tenure in years


8 Years
10 Years
12 Years
15 Years

Choose your
set of schemes


Source Scheme
&
Target Scheme

Get your
regular payout

After 8 Yrs
1 X
After 10 yrs
1.5 X
After 12 yrs
2 X
After 15 yrs
3 X
by Systematic Withdrawal

*Monthly SIP amount is illustration purpose only. Please read the term and condition in application form before investing.

Product Details / Highlights
 
  • It is a combination of SIP and SWP 
  • First accumulate wealth thru SIP
  • After completion of tenure starts SWP
  • The scheme provide tailor made solution for monthly payouts.
  • Any one can enroll for freedom SIP.
  • It may consider for your retirement cash flow.
 
  • Freedom to choose your SIP amount
  • Freedom to choose investment tenure
  • Freedom to choose your source scheme and target scheme.
  • Financial goal based investment – you can decide.  
  • It helps to inculcate the habit of long-term investment to achieve your financial freedom.
Invest Now

Mutual fund investments are subject to market risks, read all scheme related documents carefully.