ICICI Prudential Mutual Fund launches ICICI Prudential Value Fund: Series 20
NFO period: 17th January - 31st January, 2018
Highlights of the NFO:
Scheme type - A close ended equity scheme
Investment objective - The investment objective of the scheme is to provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis. However, there can be no assurance that the investment objectives of the scheme will be realized.
Product suitability - The product is suitable for investors who are seeking long term wealth creation a close ended equity fund that aims to provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.
Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter
Plan/ Options available - Direct Plans having Cumulative and Dividend Option with only Dividend Payout sub-option.
Fund Managers –
Scheme will be managed by Mr. Sankaran Naren, Mr. Vinay Sharma and Mittul Kalawadia
Ms. Priyanka Khandelwal - ADR/GDR and other foreign securities
Benchmark - S&P BSE 500 Index
Maturity period - 1262 days from the date of allotment