MUTUAL FUNDS
ICICI Prudential MF introduces Nifty EV & New Age Automotive ETF FOF
Mar-28-2025

ICICI Prudential Mutual Fund has launched ICICI Prudential Nifty EV & New Age Automotive ETF FOF, an open-ended fund of funds scheme investing in units of ICICI Prudential Nifty EV & New Age Automotive ETF. The NFO opens for subscription on March 28, 2025 and closes on April 10, 2025. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000/- plus in multiple of Re.1.

The performance of the Scheme will be benchmarked against Nifty EV & New Age Automotive TRI and its fund managers are Nishit Patel and Ashwini Shinde.

The investment objective of the Scheme is to generate returns by investing in units of ICICI Prudential Nifty EV & New Age Automotive ETF.


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