ICICI Prudential Mutual Fund changes maximum investment amount per investor of ICICI Prudential Regular Income Fund
Jan 09 2018
News Category: AMC Specific Updates
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ICICI Prudential Mutual Fund has announced change in the maximum investment amount per investor of ICICI Prudential Regular Income Fund with effect from Jan 10, 2018. Accordingly, maximum Investment amount across all folios shall not exceed Rs. 50 crore. However, the fund house may at its discretion accept an amount greater than Rs. 50 crore, provided the aggregate of all holdings in excess of Rs. 50 crore, including the excess amount, does not exceed 15% of the Scheme’s AUM, which is declared on the last day of preceding calendar quarter.

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