New Delhi, ICICI Prudential Mutual Fund is set to launch its new scheme focusing on the energy sector on Tuesday, a move that will provide investment opportunities in the sector.
The energy theme covers a wide range of industries including oil and gas, bioenergy value chains and lubricants.
The MF house said the new fund offer (NFO) of ICICI Prudential Energy Opportunities Fund will open on July 2 and end on July 16.
ICICI Prudential said, "With the ongoing shift towards renewable energy and the government's focus on achieving net-zero emissions, the energy theme offers significant growth potential. Through this scheme, investors can invest in a diverse range of companies across the energy value chain." Can access the portfolio." MF CIO Shankaran Naren said.
The open-ended scheme aims to generate long-term capital appreciation by investing primarily in equity and equity-related instruments of companies engaged in traditional and new energy industries as well as allied businesses.
The energy theme covers a wide range of industries including oil and gas, bioenergy value chains and lubricants.
The MF house said the new fund offer (NFO) of ICICI Prudential Energy Opportunities Fund will open on July 2 and end on July 16.
ICICI Prudential said, "With the ongoing shift towards renewable energy and the government's focus on achieving net-zero emissions, the energy theme offers significant growth potential. Through this scheme, investors can invest in a diverse range of companies across the energy value chain." Can access the portfolio." MF CIO Shankaran Naren said.
The open-ended scheme aims to generate long-term capital appreciation by investing primarily in equity and equity-related instruments of companies engaged in traditional and new energy industries as well as allied businesses.
