Fund News

ICICI Pru Child Care Plan-Study Plan Modifies Asset Allocation Limits

ICICI Prudential Mutual Fund has announced a revision in the asset allocation pattern of ICICI Prude

ICICI Prudential Mutual Fund has announced a revision in the asset allocation pattern of ICICI Prudential Child Care Plan-Study Plan. Effective May 2, 2008, the fund has increased the maximum equity exposure from 15% to 25%. The allocation to Debt Securities, Money market instruments, Securitized debt & cash has also been revised from a minimum of 85% to 75%.

Existing investors have been given an option to exit the above scheme between April 10, 2008 and April 30, 2008 (inclusive both days) at NAV on a no load basis.

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