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Monday, September 22, 2014

ICICI Prudential MF Announces Change In SIP under ICICI Prudential Target Returns Fund

With effect from 22 September 2014 

ICICI Prudential Mutual Fund has decided to change certain features under Systematic Investment Plan (SIP) facility for ICICI Prudential Target Returns Fund. Such change will be effective from 22 September 2014 as stated below: 

Revised Features: 

SIP investment dates: 1st or 10th or 15th or 25th of the respective months/ quarters. 

Minimum subscription amount for SIP facility: 

Monthly Frequency: Rs 1,000 (plus in multiple of Rs 1) (minimum number of installments -6). 

Quarterly Frequency: Rs 5,000 (plus in multiple of Rs 1) (minimum number of installments -4).
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