ICICI Prudential S&P BSE 500 ETF FOF – ICICI Prudential Mutual Fund files offer document with SEBI

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 FundICICI Prudential Mutual Fund
Scheme NameICICI Prudential S&P BSE 500 ETF FOF
About SchemeAn open ended fund of funds scheme investing in ICICI Prudential S&P BSE 500 ETF
Offer of UnitRs.10
ObjectiveICICI 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 ManageMr. 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 beUnits   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%)
RiskometerVery High
DRHPClick here

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