ICICI Prudential Mutual Fund has launched ICICI Prudential Smallcap Index Fund. The New Fund Offer (NFO) opens on Oct 12, 2021 and closes on Oct 26, 2021.  The objective of the Scheme is to invest in companies whose securities are included in Nifty Smallcap 250 Index and subject to tracking errors, to endeavor to achieve the returns of the above index. The benchmark for this fund is Nifty Smallcap 250 TRI.  The fund will be jointly managed by Mr. Mr. Kayzad Eghlim and Mr. Nishit Patel.