ICICI Prudential Mutual Fund approves introduction of separate plans under ICICI Prudential Liquid Plan
May 19 2016
News Category: AMC Specific Updates
ICICI Prudential Mutual Fund has approved introduction of separate plans under ICICI Prudential Liquid Plan for deployment of unclaimed amounts, effective from Jun 1, 2016. The plans under the schemes will have nomenclatures such as ICICI Prudential Liquid Plan - Direct Plan - Unclaimed Redemption Transitory Scheme (URTS), ICICI Prudential Liquid Plan - Direct Plan - Unclaimed Dividend Transitory Scheme (UDTS), ICICI Prudential Liquid Plan - Direct Plan - Unclaimed Redemption Stable Scheme (URSS), and ICICI Prudential Liquid Plan - Direct Plan - Unclaimed Dividend Stable Scheme (UDSS). No exit load shall be charged in the plans. The fund has provided a list of guidelines for the investors with respect to the plans.
