ICICI Prudential Mutual Fund launches ICICI Prudential BHARAT 22 FOF

Mutual Fund
Jun 19, 2018 by Advisorkhoj Team | Mutual Fund | 16 Downloaded

NFO period: 19th June – 22nd June, 2018

Highlights of the NFO:

  • Scheme type – An open ended fund of funds scheme investing in BHARAT 22 ETF

  • Investment objective – ICICI Prudential BHARAT 22 FOF (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT 22 ETF. 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 a fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT 22 ETF.

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

  • Plan/ Options available – Direct Plan having only Growth Option.

  • Fund Manager – Mr. Kayzad Eghlim

  • Benchmark – S&P BSE Bharat 22 Index

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

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