Widely read:
ICICI Prudential Mutual Fund has announced the discontinuation of dividend re-investment option under ICICI Prudential Interval Fund – Quarterly Interval Plan I, Plan II and Plan III, ICICI Prudential Interval Fund – Monthly Interval Plan I, ICICI Prudential Interval Fund II – Quarterly Interval Plan A, Plan B, Plan C, Plan D and Plan F, ICICI Prudential Interval Fund IV – Quarterly Interval Plan B and ICICI Prudential Interval Fund V – Monthly Interval Plan A.
As the units under the schemes can be created only during the Specified Transaction Period, the dividend reinvestment option under the scheme shall be discontinued on or before April 1, 2011. All the existing investors under dividend reinvestment option will be transferred to the dividend payout option of the respective scheme(s).
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