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Thursday, February 26, 2009

ICICI Prudential MF revises exit load under Opportunities Fund

With effect from 27 February 2009

ICICI Prudential Mutual Fund has approved revision in the exit load structure under retail option of ICICI Prudential Opportunities Fund, with effect from 27 February 2009.

In case of Systematic Transfer Plan (STP) and switch out from this scheme, into ICICI Prudential Growth Plan, ICICI Prudential Index Fund, ICICI Prudential Tax Plan, and ICICI Prudential Equity & Derivative Fund - Income Optimiser Plan and all other ICICI Prudential debt schemes of fund the exit load of 2.5% of the applicable NAV will be charged. It will be nil for STP and switch out of this scheme to equity scheme of the fund other than those mentioned above.

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