ICICI Prudential Mutual Fund changes fundamental attributes of its various schemes
Apr 18 2018
News Category: AMC Specific Updates
Pursuant to Securities and Exchange Board of India’s (SEBI) circular dated Oct 6, 2017, and Dec 4, 2017, on categorization and rationalization of mutual fund schemes, ICICI Prudential Mutual Fund has issued certain addendums. All changes will be made effective from May 28. The fund house has has announced merger of ICICI Prudential Dynamic Bond Fund with ICICI Prudential Banking & PSU Debt Fund. ICICI Prudential Gilt Fund - Investment Plan - PF Option, ICICI Prudential Gilt Fund - Treasury Plan - PF Option, ICICI Prudential Short-Term Gilt Fund, ICICI Prudential Long-Term Gilt Fund shall be merged.