MUTUAL FUNDS
ICICI Pru AMC announces change in Dividend Payout Frequency under Liquid ETF scheme
Nov-14-2019

ICICI Prudential Asset Management Company (AMC) has announced changes in Scheme Information Document (SID), Key Information Memorandum (KIM) of ICICI Prudential Liquid ETF.

As per the announcement, the Trustees of ICICI Prudential Mutual Fund (the Fund) have approved change in payout frequency of the daily dividend declared under the Scheme from Weekly frequency to Monthly frequency, with effect from November 18, 2019. Dividend payout shall be done on the first working Monday of the month. In case the payout date falls on a non-business day the payout will be done on the immediate following business day. Accordingly, the relevant sections of the SID/KIM of the Scheme stands modified.

All the other provisions of the SID and KIM of the Scheme, except as specifically modified herein above remain unchanged.

 

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