ICICI Pru AMC announces change in benchmark of Multi - Asset Fund
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ICICI Prudential Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SID) and Key Information Memorandums (KIM) of ICICI Prudential Multi - Asset Fund (the Scheme).
ICICI Prudential Mutual Fund has informed that AMFI in consultation with SEBI has vide a communication dated June 16, 2023, notified the framework for adopting benchmark for schemes under multi asset allocation category. Pursuant to above, the ICICI Prudential Trust (the Trustee) has approved the change in benchmark of the Scheme with effect from July 1, 2023 as follows: The Existing Benchmark of ICICI Prudential Multi - Asset Fund (the scheme) is ‘Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + LBMA AM Fixing Prices (Gold) (10%)’ while the Revised Benchmark (Tier 1) will be ‘Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + Domestic Price of Gold (6%) + Domestic Price of Silver (1%) + iCOMDEX Composite Index (3%)’.
All the other provisions of the SID and KIM of the Scheme, except as specifically modified herein above remain unchanged. This Notice-cum-Addendum forms an integral part of the SID and KIM of the Scheme, as amended from time to time.
