ICICI Prudential FMCG ETF will allow our investors to gain exposure to a diversified portfolio of companies in the consumer goods sector. Consumption in India grows at an unprecedented rate, and the FMCG industry remains a key sector for investors.The FMCG industry is the 4th largest industry in India and has seen a remarkable transformation over the last two decades.
It is an open-ended Index Exchange Traded Fund tracking Nifty FMCG Index which has been designed to reflect the behavior and performance of FMCGs which are non-durable, mass consumption products and available off the shelf.The NIFTY FMCG Index comprises of 15 stocks from FMCG sector listed on the National Stock Exchange (NSE).
ICICI Prudential FMCG ETF provides following benefits:
ICICI Prudential FMCG ETF is suitable for investors who are seeking Long Term wealth creation
It is also an Exchange Traded Fund that aims to provide returns that closely correspond to the returns provided by Nifty FMCG Index, subject to tracking error
|New Fund Offer period|
|MICR cheques||MICR cheques will be accepted till the end of business hours upto July 28, 2021|
|RTGS and transfer cheques||Transfer cheques and Real Time Gross Settlement (RTGS) request will be accepted till the end of business hours upto August 02, 2021|
|Allotment Date||August 05, 2021|
|Listing Date||August 12, 2021|
|Minimum Application Amount(During NFO)||Rs. 1,000 and in multiples of Re. 1 thereafter|
|Minimum Amount for Application/Subscription|
(During Ongoing/Continuous Offer)
|On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof.|
Directly with the Mutual Fund: Authorised Participant(s)/ Investor(s) can buy/sell units of the Scheme in Creation Unit Size viz. 8,000 units and in multiples thereof.
|Liquidity||To be listed|
|Benchmark||NIFTY FMCG TRI|
|Fund Manager||Kayzad Eghlim and Nishit Patel|
For details of other schemes managed by the same fund managers, click here.