ICICI Prudential Mutual Fund launches Indo Asia Equity Fund

Mumbai, Aug 23 (UNI) ICICI Prudential Mutual Fund, a joint venture of India's leading private sector bank ICICI Bank and UK-based Prudential Plc, today announced the launch of an open-ended diversified equity scheme ''ICICI Prudential Indo Asia Equity Fund''.

The fund will invest predominantly in equity and equity related securities.

The offer will be open between August 23 to September 21 and the fund will invest 65 per cent or more directly into Indian equities, and will initially invest upto 35 per cent in Asian Equity Fund.

UNI