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ICICI Prudential Mutual Fund suspends subscription in overseas schemes

12-Aug-2024 •News Desk

ICICI Prudential Mutual Fund suspends subscription in overseas schemes

dhanak हिंदी में भी पढ़ें read-in-hindi

ICICI Prudential Mutual Fund has announced a temporary suspension on new subscriptions in its international schemes, effective from August 13, 2024.

The suspension applies to all modes of investments, including lumpsum, switch-in, Systematic Investment Plan (SIP), and Systematic Transfer Plan (STP). The affected schemes are as follows:

Existing SIP/STP and other systematic transactions will continue to be processed.

The decision aims to comply with SEBI and AMFI guidelines concerning industry-wide limits on overseas investments

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