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ICICI Prudential MF launches Nifty Low Vol 30 ETF FOF SECTIONS Last Updated: Mar 17, 2021, 10:03 AM IST Share Synopsis ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential Nifty Low Vol 30 ETF FOF. The New Fund Offer (NFO) opens on March 23, 2021 and closes on April 06, 2021. Getty Images ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential Nifty Low Vol 30 ETF FOF. The New Fund Offer (NFO) opens on March 23, 2021 and closes on April 06, 2021. The scheme aims to provide returns that closely correspond to the returns provided by its benchmark Nifty 100 Low Volatility 30 Index, subject to tracking errors. ICICI Prudential Nifty Low Vol 30 ETF FOF invests in ICICI Prudential Nifty Low Vol 30 ETF that replicates the Nifty 100 Low Volatility 30 Index in the same proportions. The Nifty 100 Low Volatility 30 Index consists of 30 stocks with least volatility selected from the Nifty 100 index. The weights of the stocks are based on volatility

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