MUTUAL FUNDS
ICICI Prudential MF introduces Alpha Low Vol 30 ETF
Aug-03-2020

ICICI Prudential Mutual Fund (MF) has launched the ICICI Prudential Alpha Low Vol 30 ETF an open-ended Index Exchange Traded Fund tracking Nifty Alpha Low-Volatility 30 Index. The NFO opens for subscription on August 03, 2020 and closes on August 10, 2020. The Exit load and Entry load will not be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs 1 thereafter.

The scheme’s performance will be benchmarked against its performance to Nifty Alpha Low-Volatility 30 TRI and its fund manager is Kayzad Eghlim.

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.

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