News From Press ICICI Pru Flexicap NFO garners Rs 10,000 crore, the highest in a open end equity MF

ICICI Pru Flexicap NFO garners Rs 10,000 crore, the highest in a open end equity MF

Source:ET Jul 14, 2021

The new fund offer (NFO) of

Prudential Flexi Cap which ended on July 12 has mobilized close to Rs 10,000 crore, making this the highest mobilization by an actively managed open end equity mutual fund.

"We have mobilized Rs 9,700 crore with participation from 4 lakh retail investors and 15,000 distribution partners selling the NFO,” says an ICICI MF spokesperson.

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