Fund News

ICICI Prudential Nifty Junior Index Fund: Change in Asset Allocation

ICICI Prudential Mutual Fund has announced to change the asset allocation pattern of ICICI Prudentia

ICICI Prudential Mutual Fund has announced to change the asset allocation pattern of ICICI Prudential Nifty Junior Index Fund with effect from July 19, 2013. Currently the fund invests 90 to 95 per cent of its assets in equity securities of companies constituting Nifty Junior Index, which would change to 95 to 100 per cent. The scheme's current allocation to debt and money market instruments is 5 to 10 per cent which would change to 0 to 5 per cent from the effective date.



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