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ICICI Prudential Mutual Fund launches ICICI Prudential Value Fund: Series 20

by News Team | Mutual Fund

NFO period: 17th January - 31st January, 2018

Highlights of the NFO:

  • Scheme type - A close ended equity scheme

  • Investment objective - The investment objective of the scheme is to provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis. However, there can be no assurance that the investment objectives of the scheme will be realized.

  • Product suitability - The product is suitable for investors who are seeking long term wealth creation a close ended equity fund that aims to provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter

  • Plan/ Options available - Direct Plans having Cumulative and Dividend Option with only Dividend Payout sub-option.

  • Fund Managers –

    • Scheme will be managed by Mr. Sankaran Naren, Mr. Vinay Sharma and Mittul Kalawadia

    • Ms. Priyanka Khandelwal - ADR/GDR and other foreign securities

  • Benchmark - S&P BSE 500 Index

  • Maturity period - 1262 days from the date of allotment

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