ICICI Prudential AMC is merging three debt mutual fund schemes with ICICI Prudential Long Term Gilt Fund. According to the fund house, ICICI Prudential Gilt Fund - Investment Plan - PF Option, ICICI Prudential Gilt Fund - Treasury Plan - PF Option and ICICI Prudential Short Term Gilt Fund will merge with ICICI Prudential Long Term Gilt Fund by May 28. These changes are a part of re-categorisation and rationalisation of mutual funds by the Securities and Exchange Board of India.
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