ICICI Prudential Mutual Fund has approved introduction of half yearly dividend frequency under the dividend option of the regular and direct plan of ICICI Prudential Blended Plan – Plan B, ICICI Prudential Banking & PSU Debt Fund and ICICI Prudential Ultra Short Term Plan, with effect from 14 August 2014.
Dividend payout and dividend reinvestment facility shall be available under half yearly dividend option.
For investors subscribing to the units of this option through various platforms offered by the Exchanges, the effective date would be 15 September 2014.