ICICI Prudential S&P BSE 500 ETF FOF – 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 ICICI Prudential S&P BSE 500 ETF.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is a Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential S&P BSE 500 ETF.
The fund manager for this scheme is Mr. Kayzad Eghlim
This product is suitable for investors who are seeking Long term wealth creation and an Open-ended Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential S&P BSE 500 ETF”
The scheme asset allocation will be
- Units of ICICI Prudential S&P BSE 500 ETF (95% – 100%)
- Units of Liquid schemes/ Money Market Instruments (with maturity not exceeding 91 days), includingTri-Party Repo (0% – 5%)
The riskometer for this scheme is Very High
| Name of Mutual Fund | ICICI Prudential Mutual Fund |
| Scheme Name | ICICI Prudential S&P BSE 500 ETF FOF |
| About Scheme | An open ended fund of funds scheme investing in ICICI Prudential S&P BSE 500 ETF |
| Offer of Unit | Rs.10 |
| Objective | ICICI Prudential S&P BSE 500 ETF FOF is a Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential S&P BSE 500 ETF. |
| Name of Fund Manage | Mr. Kayzad Eghlim |
| This product is suitable for investors who are seeking | Long term wealth creation An Open-ended Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential S&P BSE 500 ETF |
| The scheme asset allocation will be | Units of ICICI Prudential S&P BSE 500 ETF (95% – 100%) Units of Liquid schemes/ Money Market Instruments (with maturity not exceeding 91 days), includingTri-Party Repo (0% – 5%) |
| Riskometer | Very High |
| DRHP | Click here |