Monday, April 21, 2008

ICICI Prudential AMC Unveils Focused Equity Fund

Kolkata: ICICI Prudential on April 19 unveiled a new financial product, 'Focused Equity fund', aiming the large cap stocks of about 20 companies. ICICI Prudential AMC said that the fund will pick from the top 200 companies in terms of market capitalisation listed on the National Stock Exchange. The fund will infuse in stocks of companies which are profitable and leaders in the industry and have experienced rapid growth and have superior management skills.

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