The ICICI Prudential Mutual Fund has announced the introduction of a Healthcare ETF for investors wishing to invest in the healthcare sector. The new fund offer (NFO) of ICICI Prudential Healthcare ETF will open on 6 May 2021 and will close on 14 May 2021. The scheme is an open-ended exchange traded fund (ETF) with an eye on the Nifty Healthcare Index. It has exposure to major companies in the healthcare sector.
How much can we invest in minimum
The fund is suitable for investors who want to get exposure from the healthcare segment. The minimum investment in NFO can be Rs 1,000. The plan aims to benefit in the same proportion of returns provided by its benchmark Nifty Healthcare TRI Index. The fund will be listed in the NSE and BSE and its units will be available for trading.
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