ICICI Prudential Mutual Fund has launched ICICI Prudential Focused Equity Fund, an open - ended equity scheme. The scheme opens for subscription on Apr. 08, 2008 and closes on May 07, 2008. The units of the scheme will be available at Rs 10 per unit during the New Fund Offer period. ICICI Prudential Focused Equity Fund aims at generating long-term capital appreciation and income distribution to unit holders from a portfolio that is invested in equity and equity related securities of about 20 companies belonging to the large cap domain and the balance in debt securities and money market instruments.
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