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Renamed Fund

ICICI Prudential Emerging Star has been renamed to ICICI Prudential Midcap…

ICICI Prudential Emerging Star fund is no longer listed on the AMC’s website. Has it been merged with another fund? If so, what happens to my money now?
-Lt Col MS Kanwar

ICICI Prudential Emerging Star has been renamed to ICICI Prudential Midcap. Everything else about the fund remains the same; your money is also managed in the same manner as before. This fund has been disappointing over the long-term, but is now showing signs of a revival. For information on your investments in this fund, check the value under its new name from now on.

This article was originally published on November 05, 2012.

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