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ICICI Prudential Mutual Fund has revised the names of its ETFs on BSE and NSE.
The fund house will now use suffix ‘IETF’ which stands for ICICI Prudential ETF. For example, ICICINIFTY will now be NIFTYIETF.
In total, the symbols of 28 ETFs will be revised on both the Exchanges. This change is effective from today.
Sharing the rationale, Chintan Haria, Principal- Investment Strategy, ICICI Prudential MF, said, “In line with our constant quest for making things better and smoother for our customers, we have changed the ETF product symbols to further simplify the identification of ETF Schemes for passive investment purposes. Product identification can sometimes be confusing for investors. Starting the ETF Schemes name followed by the suffix ‘IETF’, we believe will make the selection more convenient.”
Here are the revised symbols on BSE & NSE:
