Moneycontrol
Aug 11, 2017 11:43 AM IST | Source: Moneycontrol.com

ICICI Prudential MF seeks SEBI nod for liquid exchange traded fund

The open-ended liquid exchange-traded fund will invest its entire corpus in securities forming part of the underlying index--S&P BSE Liquid Rate Index

ByHimadri Buch
ICICI Prudential MF seeks SEBI nod for liquid exchange traded fund

Himadri Buch

Moneycontrol News

ICICI Prudential Mutual Fund has sought the Securities and Exchange Board of India's approval for launching ICICI Prudential Liquid iWIN ETF, according to a draft offer document on the regulator's website.

The open-ended liquid exchange-traded fund will invest its entire corpus in securities forming part of the underlying index--S&P BSE Liquid Rate Index.

Other features:
Option: Dividend
Minimum application: 5,000 rupees and in multiples of 1 rupee
thereafter
Performance benchmark: S&P BSE Liquid Rate Index
Exit Load: Nil

Fund manager: Rohan Maru

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