ICICI Pru Mutual Fund launches Business Cycle Fund : Five things to know
ICICI Prudential Mutual Fund has launched a new fund offer of ICICI Prudential Business Cycle Fund, an open-ended equity scheme which 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/ themes/ market caps, based on prevailing business cycle. The scheme will follow a top down approach to investing and will invest across market capitalization. Here are the five things to know about the NFO of ICICI Pru Business Cycle Fund:
The NFO of ICICI Prudential Business Cycle Fund will open December 29, 2020 and closes on January 12, 2021.