ICICI Prudential MF introduces Nifty LargeMidcap 250 Index Fund
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ICICI Prudential Mutual Fund has launched ICICI Prudential Nifty LargeMidcap 250 Index Fund, an open-ended Index scheme replicating Nifty LargeMidcap 250 Index. The NFO opens for subscription February 22, 2024 and closes on March 07, 2024. Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 100 plus in multiples of Re 1 during the NFO.
The performance of the Scheme is measured against Nifty LargeMidcap 250 TRI and its fund managers are Nishit Patel, Priya Sridhar and Kewal Shah.
The investment objective of the Scheme is to invest in companies whose securities are included in Nifty LargeMidcap 250 Index in the same weightage that they represent in the Nifty LargeMidcap 250 Index in order to achieve the returns of the above index, subject to tracking errors.
