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

NFO period: 01^st September – 15^th September, 2021

Highlights of the NFO:

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


• Investment objective – ICICI Prudential Alpha 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 Alpha Low Vol 30 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 Alpha Low Vol 30 ETF.


• Minimum Application Amount – First investment is Rs. 1,000/- and any amount thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (IDCW) (with Payout of Income Distribution cum capital withdrawal (IDCW Payout) sub-option and Reinvestment of Income Distribution cum capital withdrawal (IDCW Reinvestment) sub-options.


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


• Benchmark – Nifty Alpha Low-Volatility 30 Index