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ICICI Prudential Mutual Fund (MF) has launched ICICI Prudential Nifty200 Value 30 ETF, an open-ended Index Exchange Traded Fund tracking Nifty200 Value 30 Index. The NFO opens for subscription on September 30, 2024 and closes on October 14, 2024. The Entry Load is not applicable and Exit Load will be nil for the scheme. The minimum subscription amount is Rs 100 plus in multiples of Re 1 during the NFO.

The performance of the Scheme will be benchmarked to Nifty200 Value 30 TRI and its fund managers are Nishit Patel and Priya Sridhar. 

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.