Prudential ICICI Liquid is introducing a monthly dividend option with effect from March 13, 2003. In addition to present weekly dividends under the Dividend Option, the AMC may also declare monthly dividends. All other scheme features will remain same as that of the weekly dividend option. These features will be applicable for the Institutional Plan under the Scheme as well. Any existing unit holder of the weekly dividend option can opt for this Monthly Dividend Option. The NAV of Dividend Option of Weekly and Monthly sub-options would be different after the declaration of first dividend under the Monthly dividend sub-option.
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