ICICI Pru Long Term Plan revises exit load structure
Published on Tue, Feb 07, 2012 at 11:38 | Source : Moneycontrol.com
Updated at Tue, Feb 07, 2012 at 11:41
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ICICI Pru Long Term Plan revises exit load structure
ICICI Prudential Mutual Fund has announced revision in exit load under all options of ICICI Prudential Long Term Plan with effect from February 7, 2012.
ICICI Prudential Mutual Fund has announced revision in exit load under all options of ICICI Prudential Long Term Plan with effect from February 7, 2012. Accordingly, an exit load of the applicable NAV will be charged if redeemed or switched out before 3 months from the date of allotment. And no exit load will be applicable if redeemed or switch out made after 3 months.
ICICI Prudential Long Term Plan is an open ended Debt scheme with an investment objective to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.