InvestorQ : Can you tell me about the recent record collections by ICICI Pru NFO?
Mitali Bhutta made post

Can you tell me about the recent record collections by ICICI Pru NFO?

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5 months ago
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After a long time, a mutual fund NFO has seen such robust collections. IN fact, the latest NFO of ICICI Prudential Flexi Cap, which closed on 12 July, has collected over Rs.9,700 crore from investors. While over 4 lakh investors applied for the NFO, more than 15,000 distributors were aggressively engaged in selling the issue. Being a flexi-cap fund, it will have a flexible allocation to large caps, mid-caps and small caps, as per the new norms.

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