NFO: ICICI Prudential MF launches Nifty Metal ETF; check dates, minimum investment, who should invest and other features
The index comprises up to 15 stocks selected from the Nifty 500, chosen for their market value to ensure broad representation within the sector.
ZeeBiz WebTeam | Aug 01, 2024, 06:32 PM IST
Today, August 1, ICICI Prudential Mutual Fund has rolled out a new fund offering (NFO) called ICICI Prudential Nifty Metal ETF.
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Key things to know about the ICICI Prudential Nifty Metal ETF
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Nifty Metal ETF
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Key companies
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ICICI Prudential Mutual Fund: Dates
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Who are the fund managers?
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What is the aim of launching this NFO?
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Why invest in ICICI Prudential Nifty Metal ETF?
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Reasons to invest
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1. Exposure to a key sector essential for economic growth.
2. Access to well-established companies experiencing renewed global interest.
3. A relatively low valuation compared to broader market indices, coupled with increasing demand and consumption.
4. A convenient entry with a minimum investment of just one unit.
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ICICI Prudential Mutual Fund: Riskometer
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