MUTUAL FUNDS
ICICI Prudential MF introduces Nifty Pharma ETF
Oct-12-2026

ICICI Prudential Mutual Fund has launched ICICI Prudential Nifty Pharma ETF, an open-ended Index Exchange Traded Fund tracking Nifty Pharma Index. The NFO opens for subscription on October 12, 2026 and closes on October 19, 2026. The Entry Load and Exit load is 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 will be benchmarked against Nifty Pharma TRI and its fund managers are Nishit Patel, Ashwini Bharucha and Venus Ahuja. 

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


  RELATED NEWS >>