Prudential ICICI Fusion Fund subscription open

Prudential ICICI Fusion Fund New Fund Offer has opened for subscription on February 1, 2006. Prudential ICICI Fusion Fund is a close-ended diversified equity Scheme, with a maturity period of 5 years, that seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies across large, mid and small market capitalization.

The NFO will close on Monday (February 27, 2006). The minimum investment under this scheme is Rs.5000. The fund has No entry load and exit load depends on date of redemption starting from 5% for 1 year to 1% for 4-5 years.

Source : Equity Bulls

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