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News ICICI Prudential Mutual Fund launches ICICI Prudential Rural Opportunities Fund
Jan 9, 2025
Mutual Fund
ICICI Prudential Mutual Fund launches ICICI Prudential Rural Opportunities Fund
NFO period: 09th January - 23rd January, 2025
Highlights of the NFO:
- Scheme type - An open ended equity scheme following Rural and allied theme
- Investment objective - To generate long-term capital appreciation by investing in Equity & Equity related instruments of companies following Rural and/or allied theme. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking long term wealth creation. An equity scheme following rural and allied theme.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Direct Plan and Regular Plan having Growth option, Payout of Income Distribution cum capital withdrawal (IDCW) and Reinvestment of Income Distribution cum capital withdrawal (IDCW) options.
- Fund Managers - Mr. Sankaran Naren and Ms. Priyanka Khandelwal
- Benchmark - AMFI Tier I benchmark - Nifty Rural TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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