Mumbai: ICICI Prudential Mutual Fund has changed the fund manager for ICICI Prudential Banking and Financial Service Fund with immediate effect. The scheme will be managed by Sanjay Parekh. The scheme was earlier managed by Vinay Sharma.
Parekh has done B.Com and A.C.A. He has 16 years of experience in equity market and more than 6 years in fund management. He is also managing ICICI Prudential Power Fund, ICICI Prudential Equity Opportunity Fund, ICICI Prudential Growth Plan, ICICI Prudential Dynamic Plan, ICICI Prudential Services Industries Fund and ICICI Prudential Target Returns Fund.
