ICICI Prudential Precious Metals Fund of Funds – ICICI Prudential Mutual Fund files offer document with SEBI
ICICI Prudential Mutual Fund has filed offer document with SEBI to launch an open ended fund of funds scheme investing in units of gold and silver exchange traded funds.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to generate returns by investing in units of Gold ETF and Silver ETF
The fund manager for this scheme is Mr.ManishBanthia
This product is suitable for investors who are seeking Long term capital appreciation and to invest in an open ended fund of funds scheme investing in units of Gold ETF and Silver ETF
The scheme asset allocation will be Units of Mutual Funds
-Units of Gold ETF and Silver ETF (80-100%)
-Units of Debt Mutual Funds (0-20%)
Money Market Instruments (including cash & cash equivalent) (0-5%)”
The riskometer for this scheme is Moderately to High
Also Read: IDFC SDL plus AAA Bond plus Gilt 2025 Index Fund
| Name of Mutual Fund | ICICI Prudential Mutual Fund |
| Scheme Name | ICICI Prudential Precious Metals Fund of Funds |
| About Scheme | An open ended fund of funds scheme investing in units of gold and silver exchange traded funds |
| Offer of Unit | Rs.10 |
| Objective | to generate returns by investing in units of Gold ETF and Silver ETF |
| Name of Fund Manager | Mr.ManishBanthia |
| This product is suitable for investors who are seeking | Long term capital appreciation To invest in an open ended fund of funds scheme investing in units of Gold ETF and Silver ETF |
| The scheme asset allocation will be | Units of Mutual Funds -Units of Gold ETF and Silver ETF (80-100%) -Units of Debt Mutual Funds (0-20%) Money Market Instruments (including cash & cash equivalent) (0-5%) |
| Riskometer | Moderately to High |
| DRHP | Click here |
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