ICICI Prudential Flexicap Fund NFO

Updated on 30-06-2021

ICICI Prudential AMC has launched a new fund offer i.e ICICI Prudential Flexicap Fund. The fund is open for subscription till July 12. ICICI Prudential Flexicap Fund is an open-ended equity mutual fund that will dynamically invest in small, mid, and largecap stocks.

Fund Details:

Scheme name	ICICI Prudential Flexicap Fund
Type of scheme	An equity fund that will invest in stocks of large-cap,mid-cap and small-cap companies
NFO Dates	June 28 to July 12, 2021
Fund Managers	Rajat Chandak Priyanka Khandelwal
Benchmark	S&P BSE 500 TRI
Minimum Application Amount for NFO	Rs.5000 and in multiples of Re. 1/- after that.
Minimum Additional Application Amount	Rs.1000 and in multiples of Re. 1/- after that.
Minimum Redemption Amount	Any amount
Load	a) Entry Load: Not Applicable b) Exit Load: 1%– If redeemed or switched out within 12 months Nil – If redeemed or switched out after 12 months.
Plans	Direct and Regular
Options	Growth IDCW Option (with IDCW Payout and IDC Reinvestment sub-options)
Minimum SIP Amount	Rs 100 for minimum of 6 months

A Flexicap Fund has the flexibility to move across Large, Mid and Smallcaps basis Valuations. Hence, flexicaps can act as good compounders over long term with low potential risks relative to mid & smallcaps.

To know more

*Mutual Fund Investments are subject to market risk, read all scheme related documents carefully.

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