MUTUAL FUNDS
ICICI Prudential Asset Management Company (AMC) informs about addendum
Jan-23-2026

ICICI Prudential Mutual Fund has informed that pursuant to SEBI’s letter to AMFI dated February 6, 2025 on ‘Framework for launching of Fund of Fund (FOF) schemes with multiple underlying Funds’ (the Framework) read with amendments/clarifications as issued from time to time and SEBI’s letter dated January 20, 2026, permitting grandfathering of the ICICI Prudential Passive Multi-Asset Fund of Fund (the Scheme), the Scheme will be grandfathered with effect from January 27, 2026 as the Scheme with its existing asset allocation and investment objective, could not be classified under any of the categories specified under the Framework. Further, the Scheme shall be merged and/or wound up upon completion of 3 years from January 20, 2026.

In terms of grandfathering, investors are requested to note the following: .

a) The Scheme shall not accept subscription through Lump Sum mode and/or through fresh Systematic Investment Plan (SIP) or Systematic Transfer Plan (STP) (Subscription) with effect from January 27, 2026. All purchase or switchin transactions of the Scheme timestamped on or before 3.00 PM of January 23, 2026, shall be accepted and processed at applicable NAV. Existing SIP and/or STP including IDCW reinvestment option and other special products registered under any mode/facility for investing in the Scheme shall stand discontinued effective from February 5, 2026. IDCW reinvestment option would be changed to IDCW Payout. 

b) Redemptions and/or switch-outs including existing Systematic Transfer Plan (STPOut) and/or Systematic Withdrawal Plan (SWP) registered under any mode/facility for redeeming/switching out from the Scheme shall be continued. Grandfathering has no impact on redemption and/or switch-out of units from the Scheme. 

c) The Scheme shall continue to adhere to the applicable regulatory guidelines and provisions of the Scheme Information Document (SID) and Key Information Memorandum (KIM).

Investors are further requested to note that all other features of the Schemes except for the above will remain unchanged. This notice forms an integral part of the SID and KIM of the Scheme, as amended from time to time.


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