News From Press Some prominent mutual fund schemes have changed. Do you have investments in them?

Some prominent mutual fund schemes have changed. Do you have investments in them?

Source: ET May 5, 2018

Mutual fund houses are busy making changes in many schemes to comply with Sebi's new re-categorisation norms. Names and fundamental attributes of many schemes are being changed in the process. Here are some big schemes that have changed:

HDFC Prudence Fund: HDFC Mutual Fund has proposed to merge HDFC Prudence Fund and HDFC Growth Fund into HDFC Balanced Advantage Fund. HDFC Prudence Fund is a large balanced scheme. The new scheme is a balanced advantage fund that will ..

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