ICICI Prudential Mutual Fund launches ICICI Prudential Growth Fund – Series1 NFO
NFO Period: 2nd June 2014 to 16th June 2014
Type of Scheme – 3 year close ended equity scheme. The scheme portfolio would comprise of 40 – 60 stocks.
Investment Objective - The investment objective of the Scheme is to provide capital appreciation by investing in a well-diversified portfolio of equity and equity related securities.
However, there can be no assurance that the investment objective of the Scheme will be realised.
Benchmark for performance comparison – CNX NIFTY INDEX
Fund suitability - The Scheme is suitable for investors who are seeking long term wealth creation.
Minimum Investment Amount – Rs. 5,000 (plus in multiples of Rs.10)