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)
ICICI Prudential Equity Minimum Variance Fund NFO
Application Form
Scheme Documents
(source:icicipruamc.com)
