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31 May 2011 12:00 AM
No exit load in ICICI Prudential scheme 
A Staff Writer
 

ICICI Prudential Mutual Fund has waived exit load under ICICI Prudential Gilt Fund Treasury Plan

 

Mumbai: ICICI Prudential Mutual Fund has revised the exit load structure under ICICI Prudential Gilt Fund – Treasury Plan with effect from June 1, 2011. After the revision, the scheme will not charge any exit load. Currently, the scheme charges 1 per cent as exit load, if units are redeemed within 6 months from the date of allotment.

ICICI Prudential MF also revised the minimum application amount to Rs. 1 lakh under ICICI Prudential Floating Rate Plan –Plan B & ICICI Prudential Ultra Short Term Plan – Premium with effect from June 1, 2011.

 
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