ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential Contra Fund, an open ended equity scheme following a contrarian investment strategy. Contrarian investing rests on the idea that markets often misprice assets, and that mispricing is a natural characteristic of every asset class, whether equity, debt or real estate.
The new fund offer or NFO of this contra fund is open for subscription and will close on October 12.
