ICICI Prudential Transportation and Logistics Fund Floats On

Published on Sep 27, 2022 12:05

ICICI Prudential Mutual Fund has launched a new fund named as ICICI Prudential Transportation and Logistics Fund.

The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

Category of Scheme: Equity Scheme - Thematic Fund

The scheme has two plans: regular plan and direct plan.

The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option

The minimum application amount is Rs. 5,000/- (plus in multiple of Re. 1)

The additional application amount is Rs 1000/- (plus in multiple of Re. 1)

Load structure: Entry Load - NIL. Exit Load - 1% of the applicable NAV - If the amount sought to be redeemed or switched out is invested for a period of up to 1 month from the date of allotment. NIL - If the amount sought to be redeemed or switched out is invested for a period of more than 1 month from the date of allotment.

Benchmark Index for the scheme is Nifty Transportation and Logistics TRI

The fund managers of the scheme are Mr. Harish Bihani & Ms. Sharmila D`mello