News From Press ICICI Pru MF reverses some NFO applications over gaps in investor consent

ICICI Pru MF reverses some NFO applications over gaps in investor consent

Fund house says transactions reversed without any loss to customers

Source: Business Standard Jul 23, 2021

ICICI Prudential Mutual Fund has said it has reversed certain applications made in the new fund offer (NFO) of its Flexicap Fund following investor complaints.

Some investors complained that their NFO applications were made without their consent.

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