Mumbai: ICICI Prudential Mutual Fund has changed the name of its
two schemes - ICICI Prudential Growth Plan to
ICICI Prudential Top 100 Fund and ICICI Prudential Power to ICICI Prudential
Top 200 Fund with immediate effect.
ICICI Prudential Top 100 Fund is
an open ended equity fund with the investment objective to generate long-term
capital appreciation from a portfolio that is invested predominantly in equity
and equity related securities. ICICI Prudential Top 200 Fund is also an open
ended equity fund with the objective to generate capital appreciation through
investments in equity and equity related securities in core sectors and
associated feeder industries. The schemes are managed by Sanjay Parekh and
benchmarked against S&P CNX Nifty.
