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  • MF News ICICI Prudential MF revises exit load in three schemes

    ICICI Prudential MF revises exit load in three schemes

    ICICI Prudential MF changes exit load periods under Blended Plan- Plan B, Long Term Floating Rate Plan and Medium Term Fund
    Team Cafemutual May 11, 2011

    MUMBAI: ICICI Prudential Mutual Fund has revised exit load in ICICI Prudential Blended Plan – Plan B, ICICI Prudential Long Term Floating Rate Plan with effect from May 10, 2011 and ICICI Prudential Medium Term Plan with effect from May 11, 2011.

     

    The revised exit loads will be as follows:

     

    ICICI Prudential Blended PlanPlan B 0.25 per cent if units are redeemed within 90 days

    ICICI Prudential Long Term Floating Rate Plan - 0.50 per cent if redeemed within 125 days

    ICICI Prudential Medium Term Plan - 0.50 per cent if redeemed within 9 months

      

    Earlier, ICICI Prudential Blended Plan – Plan B charged 0.25 per cent as exit load if units were redeemed within 30 days from the date of allotment. ICICI Prudential Long Term Floating Rate Plan and ICICI Prudential Medium Term Plan charged 0.50 per cent as exit load if units were redeemed within 6 months from the date of allotment.

     

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