ICICI Prudential Mutual Fund changes exit load structure
May 03 2016
News Category: Exit Load Change
ICICI Prudential Mutual Fund has changed the exit load structure of ICICI Prudential Short Term Plan, effective from May 3. According to the change, 0.25% of the applicable Net Asset Value will be charged if units purchased or switched in from another scheme of ICICI Prudential Mutual Fund are redeemed or switched out within seven days from the date of allotment, while no exit load will be charged if units purchased or switched in from another scheme of ICICI Prudential Mutual Fund are redeemed or switched out after seven days from the date of allotment.