ICICI Prudential MF introduces 5 YEAR G-SEC ETF
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ICICI Prudential Mutual Fund (MF) has launched ICICI Prudential 5 YEAR G-SEC ETF, an open-ended Exchange Traded Fund tracking Nifty 5 yr Benchmark G-Sec Index with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on March 04, 2022 and closes on March 07, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Re 1.
The performance of the Scheme will be benchmarked against Nifty 5 yr Benchmark G-Sec Index and its fund managers are Rahul Goswami, Anuj Tagra and Naresh Chaudhary.
The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of Nifty 5 yr Benchmark G-Sec Index, subject to tracking errors.
