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Icici Prudential India Equity Fof Details

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By Author: dariya hussain
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ICICI Prudential India Equity FOF NFO period from Feb 5, 2020, to Feb 19, 2020:

In any case, the ICICI Prudential India has presented another reserve offer. So at that point, the NFO may come to fruition as ICICI Prudential India Equity FOF. It would exist as an open-finished value conspire. Also, this reserve would dominatingly put resources into at least one common store plans/ETFs. Be that as it may, the NFO time frame will begin on fifth Feb and closes on nineteenth Feb 2020.

ICICI Prudential India NFO Details:

NFO Name ICICI Prudential India Equity FOF

Reserve House ICICI Prudential Mutual Fund

NFO Period Feb 5 to Feb 19, 2020

Benchmark S and P BSE 500 TRI

The benchmark of the NFO appears S&P BSE 500 TRI. Plus, the NFO would stay accessible in the immediate arrangement. Its proposal of units exists of Rs 10 each during the NFO.

Section Load and Exit Load:

Unequivocally, there appears to be no section load for this plan. Furthermore, for leave load, to reclaim/switch inside 365 days from the date of portion of units: 1%. Likewise, to reclaim/change ...
... out over a year from the date of apportioning: Nil.

ICICI Prudential India Minimum Investment:

The base application sum remains Rs 5,000 (or more in products of Re.1) on the off chance that it comes during the progressing NFO period. Also, the base extra speculation remained about Rs 1000 and in products of Re.1.

Distribution Pattern:

Instruments Allocation (% of) Risk Profile

Greatest Minimum

Units of value situated plans/ETFs putting resources into value and value related securities 100% 95% Medium to High

Currency Market Instruments (with development, not over 91 days) including Tri-party Repo, money and money counterparts 5% 0% Low to Medium

Moreover, ICICI Prudential Asset Management Company Limited and ICICI Prudential Trust Limited work as the benefit the board and trustee organizations of this NFO. Additionally, the objects of the NFO says that it would create returns by putting resources into at least one shared store plans/ETFs which put resources into value and value and value related protections.

Disclaimer: This post is just about plan data. Speculators ought to counsel their money related guides if all else fails about whether the item is appropriate for them or any.

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