ICICI Prudential Mutual Fund has decided to revise the exit load structure under ICICI Prudential Blended Plan - Plan A, with effect from 10 August 2012.
Accordingly, the exit load charge will be 0.75% of the applicable NAV, if the amount sought to be redeemed or switched out is invested for a period of upto 6 months from the date of allotment.
The exit load charge will be Nil, if the amount sought to be redeemed or switched out is invested for a period of more than 6 months from the date of allotment.
ICICI Prudential Blended Plan - Plan A is an open ended fund which has the investment objective to provide capital appreciation and income distribution to unit holders by investing in Equity & Equity related securities including derivatives and the balance portion in debt securities.