Insurance Sector

ICICI Prudential changed its name

• Company Updates
• Insurance Sector

Prudential ICICI Mutual Fund has been assigned a new name ‘ICICI Prudential Mutual Fund’ w.e.f Monday.

The change in name contemplates the alteration in the shareholding model of ICICI Bank and Prudential Plc in the asset management company (AMC) and the trust company.

The AMC and trust company have also been allotted new names as ‘ICICI Prudential Asset Management Company Ltd’ and ‘ICICI Prudential Trust Ltd.’