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ICICI Prudential MF modifies max investment amount for income fund

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ICICI Prudential Mutual Fund has revised the maximum amount of investment allowed per investor, under ICICI Prudential Regular Income Fund, with immediate effect.

The maximum amount which one can invest in ICICI Prudential Regular Income Fund cannot be more than Rs.50 crore.

Furthermore, it will accept an amount more than Rs.50 crore, which will be subject to the aggregate assets under management of such investor not more than 15% of the scheme’s assets. All the other features of the scheme will remain unchanged.

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