ICICI Prudential Mutual Fund has announced a revision in exit load under ICICI Prudential Ultra Short Term Plan, with effect from January 8, 2011.
Now exit load will be 0.25 per cent if redeemed within 30 days from the date of allotment and Nil if redeemed after 30 days from the date of allotment.
Earlier exit load used to be 0.25 per cent if redeemed within 21 days from the date of allotment and Nil if redeemed after 21 days from the date of allotment.