ICICI Prudential Mutual Fund launches ICICI Prudential PSU Equity Fund

NFO period: 23^rd August – 06^th September, 2022

Highlights of the NFO:

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


• Investment objective – The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs). 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 long term capital appreciation. An open-ended equity scheme following the PSU theme.


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


• Plan/ Options available – Direct Plan and Regular 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. Mittul Kalawadia and Mr. Anand Sharma


• Benchmark – S&P BSE PSU TRI