Effective October 4, 2010, ICICI Prudential Mutual Fund has revised the exit load under all the options of ICICI Prudential Long Term Plan. Now the exit load will be 0.75% for investments redeemed within 1 year.
Earlier the load used to be 1% for investments redeemed within 1 year.
Also, the fund has changed the minimum application amount under Premier option with effect from October 4, 2010. Now the amount would be Rs.5 lakh instead of Rs.10 lakh.