India, Feb. 27 -- ICICI Prudential Mutual Fund has launched a new Open Ended Growth scheme named "ICICI Prudential Nifty EV & New Age Automotive ETF FOF" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Mar 28 to Apr 10, 2025.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 1,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Nishit Patel, while the performance of the scheme will be benchmarked against Nifty EV & New Age Automotive TRI.
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