ICICI Prudential Mutual Fund launches ICICI Prudential Quant Fund
by
NEWS TEAM | on Nov 23, 2020
NFO period: 23rd November – 07th December, 2020
Highlights of the NFO:
Scheme type – An open ended equity scheme following Quant based investing theme
Investment objective – To generate long-term capital appreciation by predominantly investing in equity and equity related instruments selected based on a quantitative model. 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 invests in equity and equity related instruments selected based on quant model.
Minimum Application Amount – First investment is Rs. 1,000/- 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).