ICICI Prudential Mutual Fund launches ICICI Prudential Quant Fund
NFO period: 23rd November – 07th December, 2020
Highlights of the NFO:
- Scheme type – An open ended equity scheme following Quant based investing theme
- Investment objective – To generate long-term capital appreciation by predominantly investing in equity and equity related instruments selected based on a quantitative model. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
- Product suitability – This product is suitable for investors who are seeking long term wealth creation an equity scheme that invests in equity and equity related instruments selected based on quant model.
- Minimum Application Amount – First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available – Direct Plan having Growth Option and Dividend Option (with Dividend Payout and Dividend Reinvestment sub-options).
- Fund Managers – Mr. Roshan Chutkey
- Benchmark – S&P BSE 200 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)