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Friday, August 01, 2014

ICICI Prudential MF Announces Change In Exit Load Structure Under Three Schemes

With effect from 04 August 2014 

ICICI Prudential Mutual Fund has announced change in exit load under ICICI Prudential MIP 25, ICICI Prudential Corporate Bond Fund and ICICI Prudential Long Term Plan, with effect from 04 August 2014. 

Accordingly the revised exit load will be: 

If units purchased or switched in from another scheme of the fund are redeemed or switched out within 3 years from the date of allotment – 1% of the applicable Net Asset Value (NAV). 

If units purchased or switched in from another scheme of the fund are redeemed or switched out after 3 years from the date of allotment – Nil.
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