Thursday, August 30, 2007

ICICI Prudential AMC Mulls Micro-Cap Equity Fund

MUMBAI: ICICI Prudential Asset Management Co. Ltd. on Aug filed initial papers with India's market regulator to launch a three-year close-end equity fund that will infuse mainly in micro-cap stocks. ICICI Prudential Micro Cap Fund will infuse at least 65 per cent of the assets in micro-cap companies and the rest in other stocks, debt and money market.

Source : www.indian-commodity.com

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