Fund News

Prudential ICICI MF Introduces AEP under Gilt Fund

Prudential ICICI Mutual Fund has introduced an Automatic Encashment Plan (AEP) under Prudential ICIC

Prudential ICICI Mutual Fund has introduced an Automatic Encashment Plan (AEP) under Prudential ICICI Gilt Fund - Treasury Plan and Investment Plan, with effect from May 28, 2004.

AEP is available to the unitholders of growth option in the said schemes. AEP allows investors to redeem units equivalent to the dividend amount declared under the dividend option of the scheme.

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