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%