Friday, January 30, 2009

ICICI MF Announces Changes In Portfolio - Jan 30, 2009

ICICI Mutual Fund has announced changes in the portfolio of ICICI Prudential Liquid Plan as well as the ICICI Prudential Sweep Plan. In accordance with Sebi circular date 19 January 2009, the investment pattern will be changed to the following:

The Schemes shall make investments in / purchase debt and money market securities with maturity of upto 182 days only, with effect from February 1, 2009.

On the other hand, with effect from May 1, 2009, the Schemes shall make investments in / purchase debt and money market securities with maturity of upto 91 days only.

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