ICICI Prudential MF introduces Multi-Asset Active FOF
ICICI Prudential Mutual Fund has launched ICICI Prudential Multi-Asset Active FOF, an open-ended fund of funds scheme investing predominantly in units of active equity- oriented schemes, debt-oriented schemes and Gold ETFs/ Silver ETFs. The NFO opens for subscription on June 30, 2026 and closes on July 14, 2026. No Entry Load shall be charged for the scheme. The Exit Load: NIL - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 30% of the units (the limit) purchased or switched within 1 year from the date of allotment; 1% of the applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit within 1 Year from the date of allotment; and NIL - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year from the date of allotment. The minimum subscription amount is Rs 1,000 plus in multiple of Re 1.
The performance of the Scheme will be benchmarked to 55% Nifty 200 TRI + 35% NIFTY Composite Debt Index + 7% Domestic Price of Gold + 3% Domestic Price of Silver and its fund managers are Dharmesh Kakkad, Manish Banthia, Akhil Kakkar, Gaurav Chikane and Sharmila D’silva.
TThe investment objective of the scheme is to generate capital appreciation primarily from a portfolio that invests in units of active Equity oriented schemes, Debt oriented schemes and Gold ETFs/Silver ETFs.
