ICICI Prudential Mutual Fund has launched the ICICI Prudential Value Fund-Series 10, a close ended growth scheme. The NFO opens for subscription on December 21, 2016 and closes on January 04, 2017. 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 S&P BSE 500 Index and its fund managers are Mrinal Singh, Mittul Kalawadia, and Ihab Dalwai.
The investment objective of the scheme is to provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.