Multi-asset funds are allowed to invest in various asset classes equity, debt, gold, silver, commodities, international equities, futures & options, real estate investment trusts, infrastructure investment trusts, etc.
Revealed: The 10 best and worst performing funds in Q3 2021 citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
ICICI Prudential Mutual Fund launches Business Cycle Fund
SECTIONS
Last Updated: Dec 21, 2020, 01:46 PM IST
Share
Synopsis
The scheme aims to provide long term wealth creation by investing in equity and equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks.
Getty Images
ICICI Prudential Mutual Fund has launched the ICICI Prudential Business Cycle Fund, an open-ended equity scheme. The New Fund Offer (NFO) opens on December 29 and closes on January
12. According the press release, the scheme aims to provide long term wealth creation by investing in equity and equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks.