With effect from 27 January 2009
ICICI Prudential Mutual Fund has announced the revision of minimum application amount under institutional option of ICICI Prudential Income Plan Opportunities Fund – Institutional Plan, with effect from 27 January 2009.
As per revision, the minimum application amount for all fresh purchases / switches under institutional option of the above mentioned schemes will be Rs 10,000 and in multiples of Re 1 thereafter.
ICICI Prudential Income Opportunities Fund is an open-ended income scheme with an investment objective to generate income through investments in range of debt and money market instruments of various credit ratings and maturities with a view to maximizing income while maintaining an optimum balance of yield, safety and liquidity.