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News ICICI Prudential Mutual Fund launches ICICI Prudential Active Momentum Fund
Jul 8, 2025
Mutual Fund
ICICI Prudential Mutual Fund launches ICICI Prudential Active Momentum Fund
NFO period: 08th July - 22nd July, 2025
Highlights of the NFO:
- Scheme type - An open ended equity scheme following momentum theme.
- Investment objective - To generate long-term capital appreciation by investing in Equity & Equity related instruments of companies reflecting momentum factors. 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 open ended equity scheme investing in equity and equity related instruments of companies reflecting momentum factors.
- Minimum Application Amount - Rs. 5000 and in multiples of Re. 1 thereafter.
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Managers - Ms. Manasvi Shah & Ms. Sharmila D'silva
- Benchmark - AMFI Tier I Benchmark - Nifty 500 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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