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ICICI Pru MF halts fresh subscriptions via lumpsum mode in mid & smallcap schemes
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ICICI Prudential Mutual Fund is temporarily suspending fresh subscriptions through the lumpsum mode and switches into its Smallcap and Midcap Fund, with effect from March 14.
Investors can initiate fresh systematic investment plan (SIP) and/or systematic transfer plan (STP) with a cap of Rs 2,00,000 per month per scheme, the fund house said.
However, the ongoing SIP/ STP/Special Product registered prior to the effective date will continue in the midcap and smallcap schemes, it said.
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