ICICI Prudential Mutual Fund Launches New Equity Fund, Better Income Opportunity
Raj Kumar November 20, 2024 07:11 PM


ICICI Prudential MF: ICICI Prudential Mutual Fund has launched a new equity minimum variance fund. It is an open-ended equity scheme that follows a minimum volatility theme. It aims to achieve long-term capital appreciation by investing in equity and equity-related instruments while reducing portfolio volatility relative to the scheme's flagship index, the Nifty 50 TRI. This new program introduces a new approach to investing, using a low-volatility strategy for asset selection and portfolio construction. Capital Appreciation through Long Term Investments ICICI Prudential Minimum Variance Fund's investment strategy is based on large capitalization companies (large cap stocks). In this, stocks with lower volatility are given higher weightage. It builds a diversified portfolio that focuses on reducing volatility using in-depth analysis, weight management and vision-based investing. This scheme of ICICI Prudential is ideal for investors who want good capital growth over the long term. People who want to invest in equity but are worried about market volatility. Those who want to invest in large cap companies with good corporate governance and high liquidity. Nifty Midcap Profits Up to 18.1% Compound Return When the market has low volatility, the Nifty Midcap 150 TRI has given investors a compound rate of return of 18.1%. Similarly, the Nifty Smallcap 250 TRI index has returned at a CAGR of 16.9% while the Nifty 100 TRI has returned at a CAGR of 15% during periods of low volatility in the stock market. The Nifty 50 TRI has managed to deliver a CAGR of around 15%. Also Read: Gold business to be monitored, rules to change from 2025 Equity fund keeps defensive approach S Naren, Managing Director and Chief Investment Officer, ICICI Prudential Asset Management, said, “We are delighted to introduce ICICI Prudential Equity Minimum Variance Fund. I feel happy. The launch of this scheme reflects our defensive approach by prioritizing stocks with low volatility amid high valuations of equity markets. "It works to capitalize on India's favorable structural and macroeconomic outlook." Also Read: SEBI gears up to crack down on SMEs, ICICI Prudential Mutual Fund's new equity fund launched, Prabhat Kabar has a great opportunity.
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