2025-03-28 04:07:25 pm | Source: Accord Fintech
ICICI Prudential MF introduces Nifty EV & New Age Automotive ETF FOF
ICICI Prudential Mutual Fund has launched ICICI Prudential Nifty EV & New Age Automotive ETF FOF, an open-ended fund of funds scheme investing in units of ICICI Prudential Nifty EV & New Age Automotive ETF. The NFO opens for subscription on March 28, 2025 and closes on April 10, 2025. 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 multiple of Re.1.
The performance of the Scheme will be benchmarked against Nifty EV & New Age Automotive TRI and its fund managers are Nishit Patel and Ashwini Shinde.
The investment objective of the Scheme is to generate returns by investing in units of ICICI Prudential Nifty EV & New Age Automotive ETF.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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