Change in Fundamental Attributes of ICICI Prudential Balanced Advantage Fund w.e.f. closure of business hours of March 25, 2021

February 24, 2021 . Manas muraleedharan

ICICI Prudential Trust Limited (the Trustee) has approved change in fundamental attributes of the Scheme ICICI Prudential Balanced Advantage Fund with effect from closure of business hours on March 25, 2021 (“Effective Date”).  

In accordance with Regulation 18(15A) of the SEBI (Mutual Funds) Regulations, 1996 the existing unitholders (i.e. whose names appear in the register of unitholders as on close of business hours on February 19, 2021) under the Scheme are hereby given an option to exit, i.e. either redeem their investments or switch their investments to any other schemes of ICICI Prudential Mutual Fund, within 31 days (minimum 30 days) exit period starting from February 23, 2021 till March 25, 2021 at Applicable NAV, without payment of any exit load. 

To view the notice cum addendum click here.

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