ICICI Prudential Healthcare ETF is a fund that encourages looking at the growth drivers of the healthcare sector.
It is also an open ended index exchange traded fund tracking nifty healthcare index.
1. ICICI Prudential Healthcare ETF provides exposure to fast growing Indian Healthcare companies
2. Provides exposure to a basket of securities in the healthcare sector at lower prices
3. Given the rising health problems, poor lifestyle choices and epidemics the healthcare sector has a strong potential to grow steadily in the coming decade
4. The need for better Healthcare facilities will always be constant owing to the large population of India, therefore this sector has a great scope of investment
Trading at real time NAV
Adequate liquidity with AMC on stock exchange
Transparency in holdings and price
Provides diversification benefits
Index is based on research and back tested data
Periodic portfolio rebalancing
|Launch Intimation||ICICI Prudential Healthcare ETF|
|NFO Period||May 6, 2021 to May 14, 2021|
|MICR cheques||MICR chanques will be accepted till the end of busines hours upto May 10, 2021|
|RTGS and Transfer cheques||Tranfer cheques and Real Time Gross Settlement (RTGS) request will be accepted till the end of business hours upto May 14, 2021|
|Entry / Exit Load||Nil|
|Minimum Application Amout (During NFO)||Rs. 1,000 and in multiples of Re. 1 thereafter|
|Minimum Amount for Application / Subsciption (During Ongoing / Continuous Offer)|
On Stock Exchanges Investors can buy/sell unit 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 unit of the Scheme in Creation Unit Size viz. 50, 000 in mutiples there
|Lquidity||To be listed|
|Benchmark||SNIFTY Healthcare TRI|
|Fund Managers||Kayzad Eghlim & Nishit Patel|
For details of other schemes managed by the same fund managers, click here.