ICICI Prudential Mutual Fund has announced change in exit load under four open ended schemes with effect from May 7, 2013.
As per revised structure, under ICICI Prudential Dynamic Plan, ICICI Prudential Discovery Fund and ICICI Prudential Balanced Fund, an exit load of 1% will be applicable if redeemed or switched out within 12 months from the date of allotment and Nil thereafter. ICICI Prudential Ultra Short Term Plan: No exit load will be applicable under this scheme from the effective date.
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