ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential Energy Opportunities Fund, an open-ended equity scheme that will predominantly invest in the energy theme.
The new fund offer or NFO of the scheme is open for subscription and will close on July 16.
The fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies engaged in or benefiting from the growth in traditional and new energy industries/sectors, as well as allied businesses.
The scheme will be managed by Sankaran Naren and Nitya Mishra, and the benchmark for the scheme will be Nifty Energy TRI.
The minimum investment amount is Rs 5,000 (plus in multiples of Re 1). The exit load of 1% of applicable NAV will be available if redeemed in less than three months. The exit load will be nil if redeemed in more than three months.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
20 авг 2024
