VR Logo

ICICI Pru MF: Introduction of Quarterly SIP and Change in Exit Load

ICICI Pru has notified introduction of Quarterly SIP facility under all its schemes. The minimum amount per installment will be Rs. 5,000 and a minimum of 4 installments are required.

Further, the exit load applicable for investments (through SIPs) under all equity and equity-oriented schemes of the fund house is changed as follows:

  • For redemptions within 1 year from the date of allotment: 1.50%
  • For redemptions after 1 year but within 2 years: 1%
The above changes will be effective from January 01, 2009.