ICICI Prudential MF renames Emerging S.T.A.R. Fund
ICICI Prudential Mutual Fund has renamed ICICI Prudential Emerging S.T.A.R. (Stocks Targetted at Returns) Fund as ICICI Prudential MidCap Fund with immediate effect.
The above change has been made to make the name of the scheme simpler for the investors and to capture the essence of the fund.
ICICI Prudential Emerging S.T.A.R. (Stocks Targetted At Returns) Fund is an open-ended scheme having a primary objective to generate capital appreciation by actively investing in diversified mid cap stocks. The scheme will invest primarily in companies that have a market capitalization between Rs.100 crores to Rs.2000 crores.
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