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ICICI Prudential MF floats open-ended scheme based on business cycle

The fund will employ a top-down approach using macro indicators such as inflation, growth, and deficit, and scout for opportunities in the Nifty 500 universe. The NFO closes on January 12

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ICICI Prudential Mutual Fund | Mutual Funds

Ashley Coutinho  |  Mumbai 

investment, investors, savings, mf, funding, tech, economy, gdp, aif, alternative investment fund, capital, startups, tech, savings, money, cash, shares, funds, equity
The exposure to small and midcap names will be minimal except at times when the fund house is bullish on the domestic cycle

ICICI Prudential MF has launched ICICI Prudential Business Cycle Fund, an open-ended scheme that aims to identify and invest in opportunities across sectors, themes, and m-caps, based on the prevailing business cycle.

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First Published: Sat, January 09 2021. 00:33 IST
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