Change in Fund Manager for ICICI Prudential Banking & Financial Services Fund

ICICI Prudential Mutual Fund has announced that ICICI Prudential Banking and Financial Services Fund shall now be managed by Mr. Sanjay Parekh.

Mr. Parekh holds a B.com degree and is also A.C.A. He has an overall 16 years of equity market experience excluding six and a half years of fund management experience.

The other schemes managed by him are ICICI Prudential Power, ICICI Prudential Equity Opportunities Fund, ICICI Prudential Growth Plan, ICICI Prudential Dynamic Plan, ICICI Prudential Services Industries Fund and ICICI Prudential Target Returns Fund.