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Tuesday, August 04, 2015

ICICI Prudential Balanced Advantage Fund Announces Change In Exit Load Structure

With effect from 07 August 2015 

ICICI Prudential Mutual Fund has announced change in exit load structure under ICICI Prudential Balanced Advantage Fund, with effect from 07 August 2015. 

Accordingly, the exit load will be: 

If units purchased or switched in from another scheme of the fund are redeemed or switched out upto 20% of the units (the limit) purchased or switched within 18 months from the date of allotment, the exit load will be Nil. 

If units purchased or switched in from another scheme of the fund are redeemed or switched out in excess of limit within 18 months from the date of allotment, the exit load will be 1% of the applicable NAV. 

If units purchased or switched in from another scheme of the fund are redeemed or switched out after 18 months from the date of allotment, the exit load will be Nil. 
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