ICICI Prudential Mutual Fund launches Business Cycle Fund
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Last Updated: Dec 21, 2020, 01:46 PM IST
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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.
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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.