ICICI Prudential Conglomerate Fund NFO – Complete Overview
Introduction ICICI Prudential Mutual Fund has rolled out a new thematic equity scheme – the ICICI Prudential Conglomerate Fund . The fund is designed to invest in promoter-driven conglomerates – large business groups with two or more listed companies across different sectors . The logic is simple: such business houses usually enjoy financial strength, sectoral diversification, and the flexibility to explore new opportunities like renewable energy, infrastructure, or technology. By investing in these diversified giants, the fund aims to capture long-term wealth creation. NFO Highlights Launch Period: October 3, 2025 – October 17, 2025 Category: Thematic Equity Fund (SEBI-defined) Minimum Investment: ₹1,000 (and multiples of ₹1 thereafter) Exit Load: 1% if redeemed within 12 months; nil after 1 year Options: Direct and Regular Plans | Growth & IDCW available Benchmark: BSE Select Business Groups Index Fund Manager: Lalit Kumar Investm...