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ICICI Prudential MF introduces Midcap 150 Index Fund
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ICICI Prudential Mutual Fund (MF) has launched ICICI Prudential Midcap 150 Index Fund, an open-ended Index scheme replicating Nifty Midcap 150 Index. The NFO opens for subscription on December 03, 2021 and closes on December 17, 2021. The Entry load and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 100 (plus in multiple of Re 1).
The performance of the Scheme is measured against Nifty Midcap 150 TRI and its fund managers are Kayzad Eghlim and Nishit Patel.
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Index before expenses, subject to tracking errors.
