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    HomeNewsBusinessMutual FundsICICI Prudential MF seeks SEBI nod for liquid exchange traded fund

    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

    Himadri Buch
    August 11, 2017 / 11:43 IST

    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

    Himadri Buch
    Himadri Buch
    first published: Aug 11, 2017 11:43 am

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