Mutual Fund News : ICICI Pru AMC declares changes in SID, KIM of its open ended schemes of the Fund

Publish Date:

ICICI Prudential Asset Management Company (AMC) has announced changes in Scheme Information Document (SID), Key Information Memorandum (KIM) of all open ended schemes of ICICI Prudential Mutual Fund (the Fund) where Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Flex Systematic Transfer Plan Facility (Flex STP) and Value Systematic Transfer Plan Facility (Value STP) is available.

As per the announcement, with effect from November 18, 2019 (the effective date), investors can choose any day of the week from Monday to Friday to register under weekly frequency available in SIP, STP, Flex STP and Value STP. In case the date chosen falls on a Non-Business Day, the transaction will be processed on the immediate next Business Day. The aforementioned revision shall be applicable on a prospective basis to the registrations/ enrollments received through physical mode on or after the effective date.

All the other provisions of the SID and KIM of the schemes except as specifically modified herein above remain unchanged.