ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Low Vol 30 ETF FOF

Mutual Fund
Mar 23, 2021 by Advisorkhoj Team | Mutual Fund | 12 Downloaded

NFO period: 23rd March – 06th April, 2021

Highlights of the NFO:

  • Scheme type – An open ended fund of funds scheme investing in ICICI Prudential Nifty Low Vol 30 ETF

  • Investment objective – ICICI Prudential Nifty Low Vol 30 ETF FOF (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Nifty Low Vol 30 ETF. There can be no assurance or guarantee that the investment objectives of the scheme would be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term wealth creation an Open-ended Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Nifty Low Vol 30 ETF.

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

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option with Dividend Pay-out and Dividend Re-investment sub-options.

  • Fund Managers – Mr. Kayzad Eghlim and Mr. Nishit Patel

  • Benchmark – Nifty 100 Low Volatility 30 TRI

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

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