MUTUAL FUNDS
ICICI Prudential MF introduces Nifty Metal ETF
Aug-01-2024

ICICI Prudential Mutual Fund has launched ICICI Prudential Nifty Metal ETF, an open-ended Exchange Traded Fund tracking Nifty Metal Index. The NFO opens for subscription on August 01, 2024 and closes on August 12, 2024. No Entry Load shall be charged for the scheme. The exit load will be nil for the scheme. The minimum subscription amount is Rs 1,000/- plus in multiples of Re. 1 during the NFO.

The performance of the Scheme is measured against Nifty Metal TRI and its fund managers are Nishit Patel and Priya Shridhar.

The investment objective of the scheme is to provide returns before expenses that correspond to the total return of the underlying index subject to tracking errors.


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