The NFO period is open till 14th February.
ICICI
Prudential Asset Management Company has announced the extension of the NFO
period of ICICI Prudential Equity Savings Fund, a close ended equity fund that
focuses on investing in equity securities of companies which are likely to see
expansion in return on equity over the next three years.
The
fund aims at adopting a focused approach on select high conviction stocks which
are likely to gain from factors such as the improving economy, a favorable
regulatory change, change in the industry dynamics or company specific factors.
The
NFO period is open till 14th February.
The
portfolio will be managed by Manish Gunwani, Sr. Fund Manager and Mr. Venkatesh
Sanjeevi, Fund Manager, ICICI Prudential Asset Management Company.
The fund will be adequately diversified while not restricting
itself to the benchmark sector weights. The fund is also valid for tax benefit
under the RGESS.
