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.)