Mumbai: ICICI Prudential Mutual Fund
has introduced exit load in ICICI Prudential Top 100 Fund with effect from April
11, 2011.
The fund house will charge 1 per cent
exit load if units are redeemed within 1 year from the date of allotment. The
scheme currently does not charged any exit load.
ICICI Prudential Top 100 Fund is an open ended equity fund with the investment objective to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities. The scheme is managed by Sanjay Parekh and is benchmarked against S&P Nifty.
