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ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Pharma ETF

NFO period: 12th Oct - 19th Oct, 2026

Highlights of the NFO:

  • Scheme type - An open ended Index Exchange Traded Fund tracking Nifty Pharma Index

  • Investment objective - The objective of the investment scheme is to provide returns before expenses that closely correspond to the total return of the underlying index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

  • Product suitability - This product is suitable for investors who are seeking to generate long term wealth creation. An Exchange Traded Fund that aims to provide returns that closely correspond to the returns provided by Nifty Pharma Index, subject to tracking error.

  • Minimum Application Amount - Minimum of Rs 1,000/- plus in multiples of Re. 1 thereafter.

  • Plan/ Options available - Currently, this Scheme offers growth option.

  • Fund Managers - Mr. Nishit Patel, Ms. Ashwini Bharucha & Mr. Venus Ahuja.

  • Benchmark - Nifty Pharma TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)