Home Articles NFO ALERT ! ICICI Prudential Transportation and Logistics Fund

NFO ALERT ! ICICI Prudential Transportation and Logistics Fund

ICICI Prudential Transportation and Logistics Fund NFO is now open for applications

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ICICI Prudential Transportation and Logistics Fund NFO has opened today for investors. This is a unique fund which wants to focus on niche segment of transportation and logistics as it sees opportunities in the sector. Here are the details of this NFO :

Scheme Type : Open ended equity scheme

NFO Period : 6th – 20th October 2022

Scheme Objective : This funds aims to invest in equity and equity related securities of companies specifically into transportation and logistics for long term investment returns to the investors.

Scheme Options: Growth and IDCW

Minimum Application Amount: Rs. 5,000/- and in multiple of Rs. 1/- there after.

Additional Purchase Amount: Rs. 1,000/- and in multiple of  Rs. 1/- there after.

SIP /STP / SWP options: Available

Entry Load : Nil

Exit Load : 1% of the NAV if redeemed or switched before 1 month. Nil after completion of 1 month.

Benchmark Index: Nifty transportation & logistics

Who should invest: Investors looking for long term capital appreciations should consider for investing at their own risk. Transportation and logistics is crucial for national building and economy. Government has done many reforms for this sector and thus the fund is optimistic of this sector.

Risk-o-meter : Very high

 

Disclaimer : Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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