NFO of ICICI Prudential BHARAT 22 FOF now open

ICICI Prudential BHARAT 22 FOF NFO now open

ICICI PRUDENTIAL BHARAT 22 FOF GROWTH DIRECT PLAN is an open-ended Fund of Funds investing in units of BHARAT 22 ETF. The portfolio of the ETF is diversified across six sectors – Basic materials, Energy, Finance, FMCG (Fast-Moving Consumer Goods), Industrials and Utilities. Retail Individual Investor can invest a minimum of Rs. 5000/- and maximum up to Rs. 2 lac during the New Fund Offer period of ICICI Prudential BHARAT 22 FOF.

Things to consider:
  • Gives access to Bharat 22 ETF without the need for a demat account
  • A healthy mix of 60% PSU companies and 40% private sector companies
  • 2.5% Discount to retail investors
Details:
  • Open-ended Fund of Funds investing in units of BHARAT 22 ETF
  • Defined as ‘Equity Oriented Fund’ for taxation purpose.
  • Subscription closes on 22-Jun-18
  • Expected Date of Allotment 29-Jun-18

For detailed scheme, related information read Scheme Information Document

Other Equity NFOs available:

L&T EMERGING OPPORTUNITIES SERIES II DIVIDEND PAYOUT DIRECT PLAN

UTI NIFTY NEXT 50 INDEX GROWTH DIRECT PLAN

SUNDARAM MULTI CAP SERIES I GROWTH DIRECT PLAN

MIRAE ASSET HEALTHCARE GROWTH DIRECT PLAN

How to invest:

Go to Explore Funds and then click on NFO to see all the NFOs listed on Kuvera at any given moment. Enter the amount online and pay for it using net banking – just like any other lumpsum investment on Kuvera. Easy as that!

If your favorite NFO is not available, then email us at [email protected] and we will add it online.

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