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ICICI Prudential Mutual Fund launches ICICI Prudential India Opportunities Fund

by News Team | Mutual Fund

NFO period: 26th December, 2018 - 09th January, 2019

Highlights of the NFO:

  • Scheme type - An open ended equity scheme following special situations theme

  • Investment objective - To generate long-term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges and other similar instances. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability - The product is suitable for investors who are seeking long term wealth creation. An equity scheme that invests in stocks based on special situations theme.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available - Direct Plan having Growth Option and Dividend Option (with Dividend Payout and Dividend Reinvestment sub-options).

  • Fund Managers - Mr. Sankaran Naren, Mr. Roshan Chutkey and Ms. Priyanka Khandelwal (The overseas investments)

  • Benchmark - NIFTY 500 Index

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