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ICICI Prudential Asset Management Company (AMC) has announced to the Statement of Additional Information (SAI), Scheme Information Documents (SIDs) and Key Information Memorandums (KIMs) of various Debt Schemes of ICICI Prudential Mutual Fund.

Pursuant to AMFI communication dated November 4, 2024, ICICI Prudential Mutual Fund has informed the following additional provisions pertaining to Swing Pricing disclosure shall form part of SAI and SID of various debt Schemes of the Fund (except ICICI Prudential Overnight Fund, ICICI Prudential Gilt Fund and ICICI Prudential Constant Maturity Gilt Fund).

Swing Pricing Disclosure -Triggering Swing Pricing on Re-opening of a Scheme after announcement of winding up: 

• In cases of instances where the AMC after making an announcement to wind up a scheme, decides to roll-back the decision to wind up the scheme. Such situations may trigger large scale redemptions and hence it would be prudent to invoke the Swing Pricing mechanism to manage such a situation. In other words, if the AMC decides to reverse its decision to wind up the scheme shall mandatorily invoke the Swing pricing upon re-opening a scheme for subscriptions and redemptions post such announcement. 

• The indicative range of swing pricing for the parameter of ‘Re-opening of the scheme after announcement of Winding -Up’ shall be the same as applicable for swing pricing during normal times as communicated by AMFI from time to time. 

• The swing pricing period in the above instances shall be higher of: a) swing period as may be decided by the Board of AMC or b) minimum period of 7 working days, upon re-opening a scheme for subscriptions and redemptions.

All the other provisions of the SAI, SIDs and KIMs of the Schemes except as specifically modified herein above remain unchanged. This Notice-cum-Addendum forms an integral part of the SIDs/KIMs/SAI, as amended from time to time.