ICICI Prudential Mutual Fund launches ICICI Prudential S&P BSE 500 ETF FOF

NFO period: 12^th November – 26^th November, 2021

Highlights of the NFO:

• Scheme type – An open ended fund of funds scheme investing in units of underlying scheme


• Investment objective – ICICI Prudential S&P BSE 500 ETF FOF (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of underlying scheme - ICICI Prudential S&P BSE 500 ETF. There can be no assurance or guarantee that the investment objectives of the scheme would be achieved.


• Product suitability – This 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 S&P BSE 500 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 & Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).


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


• Benchmark – S&P BSE 500 TRI