ICICI Prudential Mutual Fund has launched a new Open Ended Growth scheme named "ICICI Prudential Nifty Top 15 Equal Weight ETF" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jun 10 to Jun 24, 2025.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 1,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Nishit Patel, while the performance of the scheme will be benchmarked against .

The investment objective of the scheme is to provide returns before expenses that correspond to the total return of Nifty Top 15 Equal Weight Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.