2% exit load will be applicable on redemptions
within 15 months as against the
earlier 1 year period under Regular Savings Fund; exit
load waived under Long Term Plan
Mumbai: ICICI Prudential Mutual Fund has
revised exit load in ICICI Prudential Regular Savings Fund and ICICI Prudential
Long Term Plan with effect from August
10, 2011.
ICICI Prudential Regular Savings Fund will charge 2% as exit load if units are redeemed within 15
months from the date of allotment. Earlier, the
scheme charged 2% as exit load if units are redeemed within 1 year from the
date of allotment.
ICICI Prudential Long Term Plan will not charge any exit load. Earlier, the scheme charged 0.75% as exit load if units were redeemed within 1 year from the date of allotment. The exit load is applicable in case of switch to any of the open-ended equity oriented / equity linked savings schemes and hybrid schemes other than ICICI Prudential Child Care Plan (Gilt Plan and Study Plan).
