ICICI Prudential Mutual Fund has announced the revision of minimum application amount under ICICI Prudential Floating Rate Plan- Plan B, ICICI Prudential Long Term Floating Rate Plan – Plan A, Plan B and Plan C, with effect from 27 February 2009.
As per revision, the minimum application amount for under ICICI Prudential Floating Rate Plan- Plan B & ICICI Prudential Long Term Floating Rate Plan – Plan A will be Rs 15,000 and in multiples of Re 1 thereafter. And under ICICI Prudential Long Term Floating Rate Plan – Plan B and Plan C the minimum application amount will be Rs 10 lakh and Rs 1 crore respectively, and in multiples of Re 1 thereafter.