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Pru ICICI Income Multiplier Revises Load Structure


Prudential ICICI Mutual Fund has revised the load structure for its newly launched Prudential ICICI Income Multiplier Fund. Effective June 14, 2004, the load structure would be as follows:

1. For investment of less than Rs 10 lakh:

Entry Load: Nil Exit Load: 1.00 per cent, if investmnet is held for a period of less than 12 months.

2. For investment of Rs 10 lakh and above but less than Rs 5 crore:

Entry Load: 0.50 per cent Exit Load: 0.50 per cent, if investmnet is held for a period of less than 12 months.

3. For investment of Rs 5 crore and above:

Entry Load: Nil Exit Load: Nil