Скачать или смотреть ICICI Prudential Active Momentum Fund

ICICI Prudential Mutual Fund has launched the Active Momentum Fund, an open-ended equity scheme aiming to capture sustained price and earnings trends. With flexibility across sectors and market caps, the fund uses a mix of top-down and bottom-up strategies. NFO closes on July 22; minimum investment is Rs 5,000.

The fund will be benchmarked against Nifty 500 TRI and will be managed by Manasvi Shah and Sharmila D’silva.

"The Scheme has the flexibility to move across sectors; market caps and uses a combination of top down and bottom-up approach in portfolio construction,” Naren added.

The scheme’s unique approach combines earnings/estimates and price momentum, allowing it to adapt seamlessly to changing market conditions, and benefiting from sustained trends, according to a release by the fund house.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes.