ICIC Pru Mutual Fund launched a new thematic fund.
Pabitra Kumar Moharana
April 6th 2023
Opening Date: 10th April 2023 Closing Date: 24th April 2023
Minimum Investment: INR 5000 Minimum Additional Purchase: INR 1000 Exit Load: 0-1% Suitability: Very High Risk Benchmark: Nifty 500 TRI
Equity and Equity Related Securities Covered by 80% - 100%
Maximum Debt and Money Market Instruments Covered by 20% - 0%
Other Equity by 20% - 0%
REITs and InvITs by 10% - 0%
Very high-risk investment ICICI Prudential Innovation Fund is a thematic fund and benchmarked to Nifty 500 TRI
ICICI Prudential Innovation Fund will be managed by three fund managers. Mr Anish Tawakley Mr Vaibhav Dusad Ms Sharmila D’mello
ICICI Prudential Innovation Fund – Growth Option Direct & Regular ICICI Prudential Innovation Fund – IDCW (Payout & Re-investment facility) Direct & Regular
To generate long-term capital appreciation by predominantly investing in equity & equity-related securities of companies and units of global mutual funds/ETFs.