ICICI Prudential Mutual Fund launches ICICI Prudential Bharat Consumption Fund

Mutual Fund
Mar 26, 2019 by Advisorkhoj Team | Mutual Fund | 2 Downloaded

NFO period: 26th March – 09th April, 2019

Highlights of the NFO:

  • Scheme type – An Open Ended Equity Scheme following Consumption theme

  • Investment objective – To generate long-term capital appreciation by investing primarily in Equity and Equity related securities of companies engaged in consumption and consumption related activities or allied sectors. 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 an open ended equity scheme that aims to provide capital appreciation by investing in equity and equity related securities of companies engaged in consumption and consumption related activities.

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

  • Plan/ Options available – Direct Plan having Growth Option and Dividend Option (with Dividend Payout and Dividend Reinvestment sub-options).

  • Fund Managers – Mr. Rajat Chandak, Mr. Dharmesh Kakkad and Ms. Priyanka Khandelwal (Overseas investments)

  • Benchmark – Nifty India Consumption Index

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

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