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In June 2021, which of the following has announced the launch of a flexicap fund that aims to provide capital appreciation by investing in equity and equity-related securities across market capitalization, based on an in-house market cap allocation model?

In June 2021, which of the following has announced the launch of a flexicap fund that aims to provide capital appreciation by investing in equity and equity-related securities across market capitalization, based on an in-house market cap allocation model? Correct Answer ICICI Prudential Mutual Fund

The correct answer is ICICI Prudential Mutual Fund.

  • ICICI Prudential Mutual Fund has announced the launch of a flexicap fund.
  • It is an open-ended equity scheme, which aims to provide capital appreciation by investing in equity and equity-related securities across market capitalization, based on an in-house market cap allocation model.
  • The new fund offer will open on 28 June and close on 12 July 2021.

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