25 Jun 2019 | 10:25 PM

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COMPANYNEWS
ICICI Prudential MNC Fund floats on
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Published on 05-23-2019
ICICI Prudential Mutual Fund has launched a new Open Ended Growth scheme named ICICI Prudential MNC Fund with maturity period of 0 days from the launch date.


The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit which will open for subscription from May 28 to Jun 11 2019.


According to the offer document filed with SEBI the entry load is Nil and exit load is 1.


The minimum application amount is Rs 5000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Dividend Growth.


The fund manager of the scheme will be Anish Tawakley while the performance of the scheme will be benchmarked against Nifty MNC Total Return.


The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities within MNC space.