Breaking News

You are here » Indian-Commodity  :  Mutual Funds  :  ICICI Pru Mutual Fund introduces Bharat Consumption Fund-Series 2

12-Apr2018

ICICI Pru Mutual Fund introduces Bharat Consumption Fund-Series 2

ICICI Prudential Mutual Fund launched the ICICI Prudential Bharat Consumption Fund-Series 2, a close ended growth scheme. The NFO opens for subscription on April 12, 2018 and closes on April 26, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000.

The scheme's performance will be benchmarked against Nifty India Consumption Index and its fund managers are Mrinal Singh and Priyanka Khandelwal.

The investment objective of the scheme is to provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities.


Related News

View all news

Reliance Mutual Fund introduces Fixed Horizon Fund-XXXX-Series 5

Reliance Mutual Fund has launched the Reliance Fixed Horizon Fund-XXXX-Series 5, a close ended income scheme. The NFO opens for subscription on December 11, 2018 and closes on December 13, 2018. No entry......

Franklin Templeton Mutual Fund introduces Fixed Maturity Plans-Series 5-Plan B (1244 days)

Franklin Templeton Mutual Fund has launched the Franklin India Fixed Maturity Plans-Series 5-Plan B (1244 days), a close ended debt scheme. The NFO opens for subscription on November 19, 2018 and closes......

Aditya Birla Sun Life Mutual Fund introduces Fixed Term Plan-Series QQ (1100 days)

Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life Fixed Term Plan-Series QQ (1100 days), a close ended income scheme. The NFO opens for subscription on August 20, 2018 and closes......

Top News

View all news

Paramount Communications bags major order from Kerala State Electricity Board

Paramount Communications has bagged orders worth Rs 69.53 crore from Kerala State Electricity Board, Kerala. The order is for supply of HT & LT Aerial Bunch Cables, with a delivery schedule of......

Cyient completes acquisition of remaining 26% stake in Cyient DLM

Cyient has completed acquisition of remaining 26% stake in Cyient DLM. Post to this acquisition, Cyient DLM has now become a wholly owned subsidiary of the company. Earlier, the company had signed definitive......

NBCC bids to take over bankruptcy-bound Jaypee Infratech

NBCC (India) has bid to acquire bankruptcy-bound Jaypee Infratech and complete stalled over 20,000 housing units in Noida in the state of Uttar Pradesh. A meeting of the committee of creditors will be......