ICICI Prudential Mutual Fund launches ICICI Prudential Equity Minimum Variance Fund
by
NEWS TEAM | on Nov 18, 2024
NFO period: 18th November - 02nd December, 2024
Highlights of the NFO:
Scheme type - An open ended equity scheme following minimum variance theme
Investment objective - To generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Product suitability - This product is suitable for investors who are seeking Long Term Wealth Creation. To generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility.
Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Plan/ Options available - Regular Plan & Direct Plan having Growth and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).
Fund Managers - Mr. Vaibhav Dusad and Ms. Nitya Mishra