ICICI Prudential Mutual Fund launches ICICI Prudential Nifty EV & New Age Automotive ETF FOF

NFO period: 21^th March - 02^nd April, 2025

Highlights of the NFO:

• Scheme type - An open-ended Exchange Traded Fund tracking Nifty EV & New Age Automotive Index.


• Investment objective - The investment objective of the Scheme is to provide returns before expenses that correspond to the total return of the underlying index subject to tracking errors.


• Product suitability - This product is suitable for investors who are seeking long term wealth creation. An Exchange Traded Fund that aims to provide re-turns that correspond to the returns provided by Nifty EV & New Age Auto-motive Index, subject to tracking error


• Minimum Application Amount - Rs. 1000 and in multiples of Rs. 1/- thereafter.


• Plan/ Options available - There is no plans and options under the Scheme.


• Fund Managers - Mr. Nishit Patel and Ms. Ashwini Shinde


• Benchmark - Nifty EV & New Age Auto-motive TRI.