- Home
News ICICI Prudential Mutual Fund launches ICICI Prudential Equity Minimum Variance Fund
Nov 18, 2024
Mutual Fund
ICICI Prudential Mutual Fund launches ICICI Prudential Equity Minimum Variance Fund
NFO period: 18th November - 02nd December, 2024
Highlights of the NFO:
- Scheme type - An open ended equity scheme following minimum variance theme
- Investment objective - To generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility. 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. To generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan & Direct Plan having Growth and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).
- Fund Managers - Mr. Vaibhav Dusad and Ms. Nitya Mishra
- Benchmark - Nifty 50 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
Recent News
SBI Mutual Fund launches SBI NIFTY 1D Rate Liquid ETF Growth...
The investment objective of the scheme is to generate returns, before expenses, ...
Read more
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Gold ETF Fu...
The investment objective of the Scheme is to seek to provide returns that are in...
Read more
Bank of India Mutual Fund launches Bank of India Mid Cap Fund...
The investment objective of the scheme is to generate long-term capital apprecia...
Read more