ICICI Prudential Mutual Fund launches ICICI Prudential Transportation and Logistics Fund

NFO period: 06^th October – 20^th October, 2022

Highlights of the NFO:

• Scheme type – An open ended equity scheme following transportation and logistics 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 companies engaged in transportation and logistics sectors. 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 capital appreciation. An open ended equity scheme following transportation and logistics 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. Harish Bihani and Ms. Sharmila D'mello


• Benchmark – Nifty Transportation & Logistics TRI