ICICI Pru AMC announces Change in SID & KIM of open-ended debt schemes
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ICICI Prudential Asset Management Company (AMC) has announced changes in Scheme Information Document (SID) and Key Information Memorandum (KIM) of certain open ended debt schemes of ICICI Prudential Mutual Fund
SEBI has vide its circular SEBI/HO/IMD/ IMD-II DF3/P/CIR/2021/652 dated October 27, 2021 (the Circular) provided guidelines to bring uniformity in benchmarks for mutual funds schemes. SEBI, vide the Circular also advised AMFI to publish benchmarks intended to be used by asset management companies for open ended debt schemes as per the Potential Risk Class (PRC) Matrix. Pursuant to above, AMFI has published the first tier benchmarks for open ended debt schemes as per the PRC matrix to be adopted by the AMCs. The AMC has attached benchmark of the open-ended debt schemes shall be modified with effect from April 1, 2022.
All the other provisions of the SIDs / KIMs / SAI / addenda of the schemes except as specifically modified herein above remain unchanged.
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