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ICICI Pru Income Opportunities / Growth Plan: Change in Minimum Application Amount and Load (SIP / STP)


ICICI Pru MF has notified the following changes, effective January 27, 2009:

1. ICICI Pru Income Opportunities Fund: Minimum application amount under Institutional plan will be revised to Rs. 10,000 from Rs. 5 crores earlier. Further, the exit load for SIP and STP will be 1% for investments of less than Rs. 1 crore, if redeemed within 12 months.

2. ICICI Pru Growth Plan: The exit load for SIP and STP will be 1% for investments of less than Rs. 5 crores, if redeemed within 12 months.