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ICICI Prudential Precious Metals Fund of Funds

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 FundICICI Prudential Mutual Fund
Scheme NameICICI Prudential Precious Metals Fund of Funds
About SchemeAn open ended fund of funds scheme investing in units of gold and silver exchange traded funds
Offer of UnitRs.10
Objectiveto generate returns by investing in units of Gold ETF and Silver ETF
Name  of  Fund ManagerMr.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 beUnits 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%)
RiskometerModerately to High
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