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Thursday, April 30, 2009

ICICI Pru MF announces changes in application and redemption amount

With effect from 04 May 2009

ICICI Prudential Mutual Fund has announced changes in application and redemption amount in ICICI Prudential Flexible Income Plan - Premium Option, ICICI Prudential Floating Rate Plan - Plan A, ICICI Prudential Floating Rate Plan - Plan B and ICICI Prudential Long Term Plan - Plan, with effect from 04 May 2009.

ICICI Prudential Flexible Income Plan - Premium Option

The minimum application amount for all fresh purchases/switch into Premium option of ICICI Prudential Flexible Income Plan will be Rs.10 lakh and in multiples of Re. 1 thereafter.

ICICI Prudential Floating Rate Plan - A

The minimum application amount for all fresh purchases/switch into ICICI Prudential Floating Rate Plan - Plan A will be Rs.15,000 and in multiples of Re. 1 thereafter.

ICICI Prudential Floating Rate Plan - Plan B

The minimum application amount for all fresh purchases/switch into ICICI Prudential Floating Rate Plan - Plan B will be Rs.10 lakh and in multiples of Re. 1 thereafter.

ICICI Prudential Long Term Plan -Regular Plan

The additional subscription amount and minimum redemption amount under ICICI Prudential Long Term Plan - Regular Plan will be 1,000 and in multiples of Re. 1 thereafter.

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