ICICI Prudential Mutual Fund announced change in the maximum investment amount per investor of ICICI Prudential Ultra Short Term Fund
Sep 17 2019
News Category: AMC Specific Updates
ICICI Prudential Mutual Fund announced change in the maximum investment amount per investor of ICICI Prudential Ultra Short Term Fund effective Sep 18, 2019. As per the revised provision, the maximum investment amount across all folios shall not exceed Rs. 50 crore, provided that the aggregate of all holdings exceeding Rs 50 crore, but within Rs 150 crore, does not exceed 15% of the scheme’s AUM