ICICI Prudential Mutual Fund launches ICICI Prudential Nifty EV and New Age Automotive ETF FOF
21 Mar,   2025 By: Eastern Fin Research Team #Mutual Fund

NFO period: 21th March - 02nd April, 2025

Highlights of the NFO:

  • Scheme type - An open-ended Exchange Traded Fund tracking Nifty EV & New Age Automotive Index.

  • Investment objective - The investment objective of the Scheme is to provide returns before expenses that correspond to the total return of the underlying index subject to tracking errors.

  • Product suitability - This product is suitable for investors who are seeking long term wealth creation. An Exchange Traded Fund that aims to provide re-turns that correspond to the returns provided by Nifty EV & New Age Auto-motive Index, subject to tracking error

  • Minimum Application Amount - Rs. 1000 and in multiples of Rs. 1/- thereafter.

  • Plan/ Options available - There is no plans and options under the Scheme.

  • Fund Managers - Mr. Nishit Patel and Ms. Ashwini Shinde

  • Benchmark - Nifty EV & New Age Auto-motive TRI.

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Realted Blogs
info
Wealth Management Services
Sit back and relax, while we take care of all your financial needs.
Lets Start a Conversation
Have you checked our latest Monthly Digest?
Explore More
Did You Know?
Eastern Financiers, one of the first investment and financial consultant in Eastern India have grown to become one of the largest investment consultants in the country.
Learn More About Us