ICICI Prudential Mutual Fund has come up with its NFO of ICICI Prudential Nifty Infrastructure ETF - NFO

ICICI Prudential Nifty Infrastructure ETF

An open-ended Exchange Traded Fund tracking Nifty Infrastructure Index.

 

This is to inform you of the launch of NFO of ICICI Prudential Nifty Infrastructure ETF on our platforms.

 

NFO Dates:

Opens on – Friday – 5th August 2022

Closes on – Monday – 8th August 2022

 

Why invest in ICICI Prudential Nifty Infrastructure ETF?

 

·         The Indian government plans to spend USD 1.4 trillion during 2019 – 2023 on infrastructure, suggesting that this sector will keep growing

·         Buying a single unit currently offers investors diversification within the infrastructure sector

·         Private sector is an emerging key player across various infrastructure segments, ranging from communications to power to roads and airports

·         Several government initiatives and recent performance suggest growth of the overall Infrastructure sector

·         Developing infrastructure in the country is attracting both domestic and international players

·         Infrastructure is crucial to a country’s development regardless of what stage the economy is in making it a non-cyclical sector 

 

Scheme Details: