ICICI Prudential Mutual Fund launches ICICI Prudential Energy Opportunities Fund

NFO period: 02^nd July – 16^th July, 2024

Highlights of the NFO:

• Scheme type – An open ended equity scheme following the energy theme


• Investment objective – The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to industries/sectors such as oil & gas, utilities and power. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.


• Product suitability – The product is suitable for investors who are seeking Long term wealth creation. An equity scheme that predominantly invests in instruments of companies engaged in and/or expected to benefit from the growth in traditional & new energy sectors & allied business activities.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and IDCW Option (with IDCW Payout and IDCW Reinvestment sub-options).


• Fund Managers – Mr. Sankaran Naren, Ms. Nitya Mishra and Ms. Sharmila D’Mello


• Benchmark – AMFI Tier I benchmark - Nifty Energy TRI