ICICI Prudential Mutual Fund launches ICICI Prudential ESG Fund

Mutual Fund
Sep 21, 2020 by Advisorkhoj Team | Mutual Fund | 8 Downloaded

NFO period: 21st September – 05th October, 2020

Highlights of the NFO:

  • Scheme type – An open ended equity scheme investing in companies identified based on the Environmental, Social and Governance (ESG) theme

  • Investment objective – To generate long-term capital appreciation by investing in a diversified basket of companies identified based on the Environmental, Social and Governance (ESG) criteria 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 by investing in equity and equity related instruments of companies following the ESG theme.

  • 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. Mrinal Singh and Ms. Priyanka Khandelwal

  • Benchmark – Nifty 100 ESG TRI

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

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