MUTUAL FUNDS
ICICI Pru AMC announces reclassification of REITs as equity related instruments
Jan-01-2026

ICICI Prudential Asset Management Company (AMC) has addendum to the Scheme Information Documents (SIDs) and Key Information Memorandums (KIMs) of select schemes (the Schemes) of ICICI Prudential Mutual Fund.

Pursuant to SEBI (Mutual Funds) (Second Amendment) Regulations, 2025 dated October 31, 2025, and SEBI Circular No. HO/24/13/12(1)2025- IMD-POD-2/I/157/2025 dated November 28, 2025, ICICI Prudential Mutual Fund has informed that the following changes with effect from January 1, 2026: 

a) Any investment made by the Schemes in units of Real Estate Investment Trusts (REITs) shall be considered as investment in equity related instruments. Units of Infrastructure Investment Trust (InvITs) shall continue to be classified as hybrid instruments for the purpose of investments by the Schemes;

b) Existing investment in REITs held by debt schemes of the Fund as on December 31, 2025, shall be grandfathered; 

c) Definition of ‘Equity related instruments’ shall be revised as follows: equity related instruments include convertible debentures, convertible preference shares, warrants carrying the right to obtain equity shares, equity derivatives, units of Real Estate Investment Trust and such other instrument as may be specified by the Board from time to time.

 In view of the above, changes in the SIDs of the Schemes of the Fund shall be made effective from January 1, 2026.

This Notice-cum-Addendum forms an integral part of the SIDs/KIMs issued for the Schemes, read with the addendums issued from time to time.


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