ICICI Prudential AMC With Draws Exit Fee On 3 Funds

MUMBAI: ICICI Prudential Asset Management Co Ltd said on Aug 1, it would not charge any exit load on redemption and switch out from three of its funds. The funds are ICICI Prudential Power, ICICI Prudential Services Industries Fund and ICICI Equity & Derivatives Fund-Wealth Optimiser Plan. The fund house managed assets worth about 436 billion rupees at the end of June, data from Association of Mutual Funds in India displayed.