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ICICI Prudential Asset Management Company informs about merging of scheme

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ICICI Prudential Asset Management Company informs about merging of scheme

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ICICI Prudential Mutual Fund has announced the proposed merger of ICICI Prudential CRISIL-IBX AAA Bond Financial Services Index – Dec 2026 Fund (Merging Scheme), an open-ended Debt Index Fund, with ICICI Prudential Corporate Bond Fund (Surviving Scheme), an open-ended Debt Scheme. This merger will not introduce a new scheme, nor will it alter the fundamental attributes of the Surviving Scheme. Following the merger, the Merging Scheme will cease to operate, while the Surviving Scheme will continue investing as per its existing strategy. 

Investors of both schemes will receive detailed communication regarding the merger. Additionally, a notice-cum-addendum will be published to provide further information. 

 

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