MUTUAL FUNDS
ICICI Prudential Mutual Fund files offer document for Nifty Smallcap 250 ETF
May-18-2026
ICICI Prudential Mutual Fund has filed offer document with SEBI to launch an open-ended index Exchange Traded Fund named ‘ICICI Prudential Nifty Smallcap 250 ETF'. The New Fund Offer price will be Sale of Units at 1/1000th value of the Nifty Smallcap 250 closing Index as on the date of allotment for applications received during the NFO. Entry load and Exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty Smallcap 250 TRI. The minimum application amount during NFO will be Rs 1000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total return of the underlying index. 

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