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  • 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
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(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)