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Change in minimum requirements of schemes of ICICI Prudential MF


ICICI Prudential Mutual Fund has approved following changes in the minimum requirements of all Plans/Options under the schemes with effect from February 12, 2016:

Scheme NameExistingProposed
ICICI Prudential Liquid Plan, ICICI Prudential Money Market Fund, ICICI Prudential Flexible Income PlanMinimum Fresh Investment: ₹5,000 (plus in multiples of ₹1) Minimum Additional Investment: ₹1,000 (plus in multiples of ₹1)Minimum Fresh Investment: ₹500 (plus in multiples of ₹1) Minimum Additional Investment: ₹100 (plus in multiples of ₹1)

The minimum application amount for Systematic Investment Plan (SIP), Systematic Transfer Plan(STP)-Source and Target and Switches (In and Out) within the said schemes will also be reduced to ₹500.