This NFO is an open ended equity scheme and investment will be done in Equity according to business cycle opportunities across all sectors.

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Actually this fund play as per business cycle opportunities accordingly, such type of fund comes under thematic fund category as they follow a particular theme.

Upswings and downswings in the macro economy activity of the country is Business cycles, t can also be defined as different cycles of fluctuations in the GDP of a country. The cycles comprise various stages of recessions and expansion, depression and recovery, peaks and troughs.

ICICI Prudential Business Cycle NFO Details at a glance:

Name Of FundICICI Prudential Business Cycle Fund
NFO DatesNFO open from 29th Dec 2020 to 12th Jan 2021
Type of SchemeOpen Ended equity scheme
BenchmarkNifty 500 TRI Index
OptionGrowth and Dividend Option (Payout, Dividend Reinvestment Option)
PlansRegular Plan and Direct Plan
Exit Load1% on redemption before 1 year, and Nil after 1 year
Entry LoadNil
Short and Long term capital gain tax15% on redemption before 1 year, and 10% after 1 year ( on gain above > 1 Lack )
Initial minimum investment Rs. 5000
Additional investment Rs. 1000
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✅ZERO BROKERAGE
✅FREE DEMAT ACCOUNT OPENING
✅NO HIDDEN CHARGES
To Open DMAT Account Click Below
https://itrade.angelbroking.com/DiyKyc/SubbrokerLead?SbTag=QUpZR0E=

Economy Business Cycle :

Investment of this NFO will be done in Equity as per the Business cycle opportunities accordingly, below illustration is the business economy phases.

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To Apply in NFO click below
✅ Website Link : https://www.fundzbazar.com/customisedlinkregistration-7C7723-2364257C77232D672121713D3F63262A74252F612A7C7723
✅ Mobile App : https://play.google.com/store/apps/details?id=com.fzb&referrer=7C7723–2364257C77232D672121713D3F63262A74252F612A7C7723–7C7723

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