ICICI Prudential MF introduces Nifty SDL Sep 2026 Index Fund
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ICICI Prudential Mutual Fund (MF) has launched ICICI Prudential Nifty SDL Sep 2026 Index Fund, an open-ended Target Maturity Index Fund tracking Nifty SDL Sep 2026 Index. A relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on December 15, 2022 and closes on December 20, 2022.The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 1,000 and multiples of Re 1 thereafter.
The performance of the Scheme would be benchmarked against Nifty SDL Sep 2026 Index and its fund managers are Anuj Tagra and Darshil Dedhia.
The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Sep 2026 Index before expenses, subject to tracking errors.
