ICICI Prudential Mutual Fund has announced the revision in load under ICICI Prudential Medium Term Plan, with effect from December 9, 2009.
Following would be the exit load charge under all the options:
1. If the amount sought to be redeemed is invested for upto six months from the date of allotment: the exit load is 0.50 % of applicable NAV.
2. If the amount sought to be redeemed is invested for more than six months from the date of allotment then the exit load would be NIL.