Date:20/10/2005 URL: http://www.thehindubusinessline.com/2005/10/20/stories/2005102002161500.htm

Back Prudential ICICI launches Services Industries Fund

Our Bureau

NEW DELHI: Prudential ICICI Asset Management Company has announced the launch of the Prudential ICICI Services Industries Fund.

This fund is an open-ended equity scheme that seeks to generate capital appreciation and income distribution for unit holders by investing predominantly in equity/equity-related securities of companies belonging to the service industry.

The balance will be invested in debt securities and money market instruments including call money.