Description

ICICI Prudential Asset Management Company announces resumption of subscriptions in ICICI Prudential Smallcap Fund effective January 23, 2026, withdrawing all investment restrictions.

Summary

ICICI Prudential Asset Management Company Limited has announced the resumption of subscriptions in ICICI Prudential Smallcap Fund effective January 23, 2026. The Trustee has approved withdrawal of all investment restrictions that were previously in place on PAN level basis. Investors can now make fresh purchases, additional purchases through lump sum, switch transactions, and new registrations through SIP/STP without any limitations.

Key Points

  • Subscriptions in ICICI Prudential Smallcap Fund resumed from January 23, 2026
  • All restrictions on investment amounts at PAN level have been withdrawn
  • Fresh and additional purchases through lump sum mode are now accepted
  • Switch-in transactions to the Scheme are permitted
  • New registrations through Systematic Investment Plan (SIP) are allowed
  • New registrations through Systematic Transfer Plan (STP) are allowed
  • Approval granted by ICICI Prudential Trust Limited (Trustee)
  • Notice dated January 21, 2026 (Notice No. 009/01/2026)

Regulatory Changes

This addendum modifies the Scheme Information Document (SID) and Key Information Memorandum (KIM) of ICICI Prudential Smallcap Fund by removing previously imposed investment restrictions. The change represents a liberalization of subscription policies for the fund.

Compliance Requirements

  • Investors are requested to periodically review and update their KYC details along with mobile number and email ID
  • All other provisions of the SID/KIM/addenda remain unchanged except for the subscription restrictions
  • This notice-cum-addendum forms an integral part of the SID, KIM and addenda of the Scheme

Important Dates

  • Effective Date: January 23, 2026 - Resumption of subscriptions
  • Notice Date: January 21, 2026

Impact Assessment

The resumption of subscriptions in ICICI Prudential Smallcap Fund reopens investment opportunities for retail and institutional investors in the smallcap segment. The withdrawal of PAN-level investment restrictions removes barriers that were limiting capital inflows into the fund. This change enables investors to:

  • Make unrestricted fresh investments
  • Add to existing holdings without limits
  • Start new SIP/STP registrations
  • Switch funds from other schemes

The move suggests that the fund management believes it can accommodate additional capital while maintaining investment objectives. This is relevant for investors seeking exposure to smallcap equities through mutual funds.

Impact Justification

Resumption of subscriptions in a smallcap mutual fund scheme affects investors seeking to invest in this category, but has limited direct market-wide impact