ICICI Prudential Mutual Fund launches ICICI Prudential Equity Minimum Variance Fund

NFO period: 18^th November – 02^nd 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


• Benchmark – Nifty 50 TRI