ICICI Prudential Mutual Fund launches ICICI Prudential BSE Liquid Rate ETF Growth

NFO period: 05^th March - 10^th March, 2025

Highlights of the NFO:

• Scheme type - An open-ended Exchange Traded Fund tracking BSE Liquid Rate Index. A Relatively Low Interest Rate risk and a relatively Low Credit Rate risk.


• Investment objective - The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of BSE Liquid Rate Index, subject to tracking errors. 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 short term savings solution. A liquid exchange traded fund that aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity.


• Minimum Application Amount - Rs. 1,000 and in multiples of Rs. 1/- thereafter.


• Plan/ Options available - The scheme offers only Growth Option.


• Fund Managers - Mr. Darshil Dedhia and Mr. Nikhil Kabra


• Benchmark - BSE Liquid Rate Index.