ICICI Prudential Nifty Infrastructure ETF
An open-ended Exchange Traded Fund tracking Nifty Infrastructure Index.
This is to inform you of the launch of NFO of ICICI Prudential Nifty Infrastructure ETF on our platforms.
NFO Dates:
Opens on – Friday – 5th August 2022
Closes on – Monday – 8th August 2022
Why invest in ICICI Prudential Nifty Infrastructure ETF?
· The Indian government plans to spend USD 1.4 trillion during 2019 – 2023 on infrastructure, suggesting that this sector will keep growing
· Buying a single unit currently offers investors diversification within the infrastructure sector
· Private sector is an emerging key player across various infrastructure segments, ranging from communications to power to roads and airports
· Several government initiatives and recent performance suggest growth of the overall Infrastructure sector
· Developing infrastructure in the country is attracting both domestic and international players
· Infrastructure is crucial to a country’s development regardless of what stage the economy is in making it a non-cyclical sector
Scheme Details: