ICICI Prudential Mutual Fund launches ICICI Prudential Commodities Fund

Mutual Fund
Sep 25, 2019 by Advisorkhoj Team | Mutual Fund | 8 Downloaded

NFO period: 25th September – 09th October, 2019

Highlights of the NFO:

  • Scheme type – An open ended equity scheme investing primarily in commodities and commodity related sectors

  • Investment objective – To generate long-term capital appreciation by creating a portfolio that is invested predominantly in equity and equity related securities of companies engaged in commodity and commodity related sectors. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability – This product is suitable for investors who are seeking long term wealth creation. An equity scheme that predominantly by investing in companies engaged in commodity and commodity related sectors.

  • 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 pay-out and Dividend Re-investment sub-options.

  • Fund Managers – Mr. Sankaran Naren, Mr. Mittul Kalawadia and Ms. Priyanka Khandelwal

  • Benchmark – Nifty Commodities TRI

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

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