New Delhi, Oct. 27 -- ICICI Prudential Mutual Fund on Monday launched a new fund offer (NFO) for the ICICI Prudential BSE Power ETF, an open-ended Index Exchange Traded Fund that tracks the BSE Power Index. It gives subscribers exposure to the entire power value chain - across generation, transmission, integrated utilities and heavy electrical equipment, the company said in an official release.

"India's power sector is at an important juncture, with rising electricity consumption, expanding industrial activity and large-scale infrastructure development creating opportunities across the power value chain. With the launch of ICICI Prudential BSE Power ETF, investors can access a diversified basket of companies across this value chain throu...