How does this scheme work?:

  • Equity oriented scheme with an objective to provide long-term capital appreciation
  • Aims for lower volatility
  • The scheme focuses on risk adjusted returns rather than being only return focused
(source:icicipruamc.com)

ICICI Prudential Equity Minimum Variance Fund NFO Details:

Mutual Fund ICICI Prudential Mutual Fund
Scheme Name ICICI Prudential Equity Minimum Variance Fund
Objective of Scheme To generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Scheme Type Open Ended
Scheme Category Equity Scheme – Sectoral/ Thematic
New Fund Launch Date 18-Nov-2024
New Fund Earliest Closure Date
New Fund Offer Closure Date 02-Dec-2024
Indicate Load Seperately The Scheme shall not charge any entry load. ? 1% of applicable Net Asset Value – If the amount sought to be redeemed or switch out within 12 months from allotment. ? NIL – If the amount sought to be redeemed or switched out more than 12 months. The Trustees shall have a right to prescribe or modify the exit load structure with prospective effect subject to a maximum prescribed under the Regulations
Minimum Subscription Amount 5000
(source:amfiindia)

 

(source:icicipruamc.com)