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Pru ICICI Mutual Revises Load Structure


Prudential ICICI Mutual Fund has changed the load structure of the following equity schemes: Prudential ICICI Growth, Prudential ICICI FMCG, Prudential ICICI Tax Plan, Prudential ICICI Balanced, Prudential ICICI Technology, Prudential ICICI Power and Prudential ICICI Dynamic Fund effective March 10th, 2003. Currently these schemes carry no exit load but an entry load of 1.75 per cent (except for Prudential ICICI Power). From now on all the equity schemes would charge an entry load of 2.25 per cent for investments less than Rs. 10 lakhs, 1.75 per cent for investments between 10 lakhs but less than Rs. 3 crores and 1 per cent for investments of Rs. 3 crores and above.