ICICI Prudential Mutual Fund launches ICICI Prudential Housing Opportunities Fund
28 Mar,
2022
By: Eastern Fin Research Team#Mutual Fund
NFO period: 28th March - 11th April, 2022
Highlights of the NFO:
Scheme type - An open ended equity scheme following housing theme
Investment objective - To generate long-term capital appreciation by investing in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing theme. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Product suitability - The product is suitable for investors who are seeking long term capital appreciation an open ended equity scheme following housing theme.
Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum capital withdrawal option (IDCW) with Payout of Income Distribution cum capital withdrawal (IDCW Payout) sub-option and Reinvestment of Income Distribution cum capital withdrawal (IDCW Reinvestment) sub-options.
Fund Managers - Mr. Sankaren Naren, Mr. Anand Sharma and Ms. Priyanka Khandelwal (for overseas investments)
Eastern Financiers, one of the first investment and financial consultant in Eastern
India have grown to become one of the largest investment consultants in the country.