ICICI Prudential Mutual Fund launches ICICI PRUDENTIAL GROWTH FUND SERIES 7

Mutual Fund
Jan 8, 2015 by Advisorkhoj Team | Mutual Fund | 12 Downloaded

NFO period: 5th January – 19th January, 2015

Highlights of the NFO:

  • Scheme type – A Close Ended Equity Scheme.

  • Investment objective – The scheme seeks to provide capital appreciation by investing in a well diversified portfolio of equity and equity related securities. However, there is no guarantee that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking long capital wealth creation by investing in a close ended equity fund that aims to provide capital appreciation by investing in equity and equity related instruments.

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

  • Plan/ Options available – Regular Plans and Direct Plans. Dividend Payout Option

  • Fund Managers – Mr. Manish Gunwani, Mr. Venkatesh Sanjeevi and Mr. Shalya Shah for investments in ADR/GDR/ Foreign securities are the fund managers of the Scheme.

  • Benchmark – CNX NIFTY INDEX

  • Maturity date – 1281 days from the date of allotment.

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

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