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ICICI Pru MF targets diversification, launches ETF tracking Nifty Smallcap 250
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ICICI Pru MF targets diversification, launches ETF tracking Nifty Smallcap 250
Kolkata: ICICI Prudential Mutual Fund, one of the largest asset management companies in the country, has launched the NFO of ICICI Prudential Nifty Smallcap 250 ETF. It has been designed as a fund that will replicate the performance of the Nifty Smallcap 250 Index, subject to tracking error. This index represents companies ranked between 251 and 500 by market capitalisation within the Nifty 500 basket. This mutual fund NFO, therefore, will attem…
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