ICICI Prudential Mutual Fund introduces Healthcare ETF
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ICICI Prudential Mutual Fund (MF) has launched the ICICI Prudential Healthcare ETF, an open-ended Index Exchange Traded Fund tracking Nifty Healthcare Index. The NFO opens for subscription on May 06, 2021, and closes on May 14, 2021. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 1000 and in multiples of Re 1.
The performance of the Scheme would be benchmarked against NIFTY Healthcare TRI and Kayzad Eghlim and Nishit Patel are the Fund Managers of the Scheme.
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.
