ICICI Prudential Mutual Fund announces change in name of its two equity funds

ICICI Prudential Mutual Fund will rename two schemes from June 16 in line with SEBI’s naming guidelines.

ICICI Prudential Bluechip Fund becomes ICICI Prudential Large Cap Fund; ICICI Prudential Value Discovery Fund becomes ICICI Prudential Value Fund.

All other scheme features remain unchanged; AUM as of April 30: Rs 68,033 crore (Bluechip), Rs 51,111 crore (Value Discovery).

Fund managers and investment objectives also remain unchanged.