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Thursday, May 14, 2015

ICICI Prudential Mutual Fund Announces Change In Exit Load Structure Under Two Schemes

With effect from 18 May 2015

ICICI Prudential Mutual Fund has announced change in exit load structure under ICICI Prudential Midcap Fund and ICICI Prudential Dividend Yield Fund, with effect from 18 May 2015. 

Accordingly, the exit load will be: 

If units purchased or switched in from another scheme of the fund are redeemed or switched out within 1 year from the date of allotment, the exit load will be 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 1 year from the date of allotment, the exit load will be Nil.
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