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2026-07-20 04:11:16 pm | Source: Accord Fintech
ICICI Prudential MF introduces BSE Insurance ETF
ICICI Prudential MF introduces BSE Insurance ETF

ICICI Prudential Mutual Fund (MF) has launched ICICI Prudential BSE Insurance ETF, an open-ended Index Exchange Traded Fund tracking BSE Insurance Index. The NFO opens for subscription on July 20, 2026 and closes on July 28, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 1,000/- plus in multiples of Re. 1 during the NFO.

The performance of the scheme will be benchmarked against BSE Insurance TRI and its fund managers are Nishit Patel, Ashwini Bharucha and Venus Ahuja. 

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. 

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