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1. Which mutual fund company launched India's first Oil & Gas ETF?
ICICI Prudential Mutual Fund has pioneered the Indian investment landscape by launching the ICICI Prudential Nifty Oil & Gas ETF. This ETF, the first of its kind in India, tracks the performance of the Nifty Oil & Gas TRI. The Nifty Oil & Gas Index includes up to 15 stocks from the National Stock Exchange, ensuring a diversified exposure by capping the weight of individual companies and the top three companies in the index. This launch offers investors a structured and diversified investment option within the crucial oil and gas sector.