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News ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Top 15 Equal Weight ETF
Jun 10, 2025
Mutual Fund
ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Top 15 Equal Weight ETF
NFO period: 10th June - 24th June, 2025
Highlights of the NFO:
- Scheme type - An open-ended Index Exchange Traded Fund tracking Nifty Top 15 Equal Weight Index.
- Investment objective - The investment objective of the scheme is to provide returns before expenses that correspond to the total return of Nifty Top 15 Equal Weight Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
- Product suitability - This product is suitable for investors who are seeking to generate long term wealth creation An Exchange Traded Fund that aims to provide returns that closely correspond to the returns provided by Nifty Top 15 Equal Weight Index, subject to tracking error.
- Minimum Application Amount - Rs. 1000/- and in multiples of Re. 1/- thereafter.
- Plan/ Options available - Currently, there are no plans/options under the Scheme.
- Fund Managers - Mr. Nishit Patel & Ms. Ashwini Shinde
- Benchmark - Nifty Top 15 Equal Weight TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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