A Oneindia Venture

ICICI Prudential Nifty EV & New Age Automotive ETF FOF NFO

By ICICI Prudential Mutual Fund Others Fund of Funds
NFO Closed

Offer Price

₹10.00

Min. Investment

₹1000

Open Date

28 Mar 2025

Close Date

11 Apr 2025

SIP Amount

₹1000

ICICI Prudential Nifty EV & New Age Automotive ETF FOF is a New Fund Offer (NFO) by ICICI Prudential Asset Management Co. Ltd. categorized under Fund of Funds. The NFO is open for subscription from 28 Mar 2025 to 11 Apr 2025. Investors can subscribe with a lumpsum investment of ₹1,000. The offer price is ₹10.00 per unit. The fund will be managed by Nishit Patel. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.60%. It will benchmark against Nifty EV & New Age Automotive TRI.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
28 Mar 2025 to 11 Apr 2025
Min. Lumpsum Amount
₹1000
SIP Amount
Rs. 1000
Scheme Type
Open Ended
Category
Others - Fund of Funds
Risk Level
Very High
Expected Expense Ratio
0.60%
Exit Load
-
Benchmark
Nifty EV & New Age Automotive TRI
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

ICICI Prudential Nifty EV & New Age Automotive ETF FOF is a Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Nifty EV & New Age Automotive ETF. There can be no assurance or guarantee that the investment objectives of the Scheme would be achieved.

AMC Details

Name
ICICI Prudential Mutual Fund
Fund Managers
Mr. Nishit Patel (Equity)
Ms. Ashwini Bharucha (Equity)
Mr. Venus Ahuja (Equity)

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Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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