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ICICI Pru MF: Change in Exit Load for SIP/STP under 2 Schemes


ICICI Pru MF has notified changes in exit load for SIP/STP under the following schemes:

1. ICICI Pru Income Plan
Exit load applicable: For investment of less than Rs. 2 crores, exit load @ 2% if units are redeemed within 6 months, 1.50% if units are redeemed after 6 months but within 1 year, 1% if units are redeemed after 1 year but within 18 months.

2. ICICI Pru Gilt Fund - Investment Plan
Exit load applicable: For investment of less than Rs 2 crores, exit load @ 0.75% will be chargeable if units are redeemed before 1 year.

These changes are effective from November 07, 2008.