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ICICI Prudential Nifty SDL Sep 2026 Index Fund to merge into ICICI Prudential Corporate Bond Fund

valueresearchonline.com 2 hrs ago·14 Aug 2026, 9:44 am

Company valueresearchonline.com

ICICI Prudential has announced that its Nifty SDL Sep 2026 Index Fund will merge into its larger ICICI Prudential Corporate Bond Fund. This means the assets and investors of the smaller fund will move into the corporate bond fund, which focuses on a wider range of debt securities.

For investors, this consolidation aims to improve liquidity and operational efficiency within the fund house. It simplifies portfolio management and ensures that the fund continues to meet its investment objectives without disruption.

Investors should review their holdings to understand how this merger impacts their specific investments. The fund will continue to manage the assets as per its mandate, and the merger is expected to be completed as per SEBI guidelines.