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  • MF News No exit load in ICICI Prudential scheme

    No exit load in ICICI Prudential scheme

    ICICI Prudential Mutual Fund has waived exit load under ICICI Prudential Gilt Fund Treasury Plan
    Team Cafemutual May 31, 2011

    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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