Tuesday, April 3, 2007
Prudential ICICI MF Re-Named
The name of Prudential ICICI Mutual Fund has been rechristined as ICICI Prudential Mutual Fund with effect from April 2, 2007. The move reflects the change in shareholding pattern of ICICI Bank and Prudential Plc (effected in August 2005) in the Asset Management Company (AMC) and the Trust Company. The names of the AMC and the Trust company have also been changed to ICICI Prudential Asset Management Company Ltd and ICICI Prudential Trust Ltd. A similar change has also been made to the names of the fund house''s schemes.
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