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
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