2026-06-25 04:02:04 pm | Source: Accord Fintech
ICICI Prudential Mutual Fund announces merger of Nifty SDL Sep 2026 Index Fund with Corporate Bond Fund
ICICI Prudential Mutual Fund has informed that the Mutual Fund is in the process of merging ICICI Prudential Nifty SDL Sep 2026 Index Fund (Merging Scheme), an open-ended Debt Index Fund with ICICI Prudential Corporate Bond Fund (Surviving Scheme), an open-ended Debt Scheme. The proposed merger will not result in emergence of any new scheme and there shall be no change in the fundamental attributes of the Surviving Scheme i.e. ICICI Prudential Corporate Bond Fund. Post-merger, the Merging Scheme would cease to exist and the Surviving Scheme would continue to make investments in accordance with the investment objective and asset allocation of the Surviving Scheme.
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