ICICI Prudential revises its
Ultra Short Term Fund exit load and minimum subscription amount
Mumbai: ICICI Prudential Mutual Fund has
revised exit load in ICICI Prudential Ultra Short Term Fund with effect from
June 16, 2011. The fund house
will charge 0.25 per cent as exit load if units are redeemed within 30 days
from the date of allotment. Earlier, the scheme charged 0.25 per cent as exit
load if units were redeemed within 15 days from the date of allotment.
ICICI Prudential MF has also decided to change
the
minimum subscription amount under ICICI Prudential Ultra Short Term Fund. For Premium Option the subscription amount is
Rs. 10, 00,000; for Premium Plus it is Rs. 50, 00, 000 and for Super Premium it
is Rs. 1, 00, 00,000 with effect from June 16, 2011.
