07-Nov-2011 •News Desk
ICICI Prudential Mutual Fund has announced the change in the fundamental attributes of ICICI Prudential Advisor Series - Very Aggressive Plan, with effect from December 12, 2011. According to the proposed asset allocation, the scheme will invest upto 100% in Equity Funds, 80% in Debt Funds and 60% in Gold Funds including Gold ETFs. Presently, the scheme invests upto 100% in equity schemes only.
Existing investors have the option of exiting the scheme if they do not like the proposed change. The free exit load period will be between November 8, 2011 to December 9, 2011.