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ICICI Pru MF: Change of Load and Minimum Application Amount under Debt-oriented Schemes


ICICI Pru MF has notified the following changes, effective from January 22, 2009:

1. Change of Minimum Application Amount under ICICI Pru Income Plan - Institutional Plan and ICICI Pru Short Term Plan - Institutional Plan: Rs. 10,00,000/-

2. Change in Load structure (excluding STP and SIP) a. ICICI Pru Income Plan, ICICI Pru Monthly Income Plan
For investments of less than Rs. 1 crore, exit load of 1% if units are redeemed within 12 months.
b. ICICI Pru Income Multiplier Fund
For investments of less than Rs. 1 crore, exit load of 1.25% if units are redeemed within 15 months.
c. ICICI Pru Short Term Plan - Retail option
For investments of less than Rs. 1 crore, exit load of 0.25% if units are redeemed within 3 months.