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Thursday, January 29, 2009

ICICI MF announces changes in portfolio of its Liquid Plan & Sweep Plan

Change will be on a prospective basis

ICICI Mutual Fund has announces changes in the portfolio of ICICI Prudential Liquid Plan and ICICI Prudential Sweep Plan.

In accordance with Sebi circular date 19 January 2009, the investment pattern indicating characteristics of the portfolio of the schemes will be changed to the following:

i) With effect from February 01, 2009, the Schemes shall make investments in / purchase debt and money market securities with maturity of upto 182 days only and

ii) With effect from May 01, 2009 the Schemes shall make investments in / purchase debt and money market securities with maturity of upto 91 days only.

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