ICICI Prudential Asset Management Company Limited has launched a new fund offer for ICICI Prudential Nasdaq 100 Index Fund. The fund is open for subscription between September 27, 2021, and October 11, 2021.
Read on to find out more about the NFO.
ICICI Prudential Nasdaq 100 Index Fund is an open-ended index fund replicating NASDAQ-100 Index.
Indicative Asset Allocation
|Types of Instruments||Indicative allocation
(% of total assets)
|Equity Stocks drawn from the components of the Nifty 50 and the exchange-traded derivatives on the Nifty 50*||95%||100%||High|
|Debt & Money Market instruments||0%||5%||Low to Medium|
* The Scheme can take exposure upto 20% of its net assets in stock lending.
|Scheme name||ICICI Prudential Nasdaq 100 Index Fund|
|Type of scheme||An open-ended index fund replicating NASDAQ-100 Index.|
|NFO Dates||September 27 – October 11, 2021.|
|Fund Managers||Ms. Priyanka Khandelwal|
|Minimum Amount for Application during NFO||Rs. 1,000/- plus in multiple of Re.1|
|Minimum Additional Purchase Amount||Rs.500/- (plus in multiple of Re.1)|
|Minimum Redemption/Switch-Out Amount||Any amount|
|Load||a) Entry Load: Nil
b) Exit Load: Nil
|Plans||Direct and Regular|
|Options||Growth, Income Distribution cum Capital Withdrawal Option / IDCW Option.|
|Minimum SIP Amount||Rs. 100/- and in multiples of Re. 1|
The Nasdaq 100 Index is a stock market index made up of the 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange.
A total return index tracks both the capital gains and any cash distributions, such as dividends or interest.
Ms. Priyanka Khandelwal
Ms. Priyanka Khandelwal joined ICICI Prudential Asset Management Company in October 2014. She worked as the Deputy Manager – Finance at ICICI Prudential AMC from October 2014 – January 2016.
Other schemes managed by her are:
- ICICI Prudential Global Stable Equity Fund (FOF)
- ICICI Prudential US Bluechip Equity Fund
- Overseas portion of all schemes of the Fund that have a mandate to invest in overseas securities
Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.