ICICI Prudential Mutual Fund has notified the following under the scheme ICICI Prudential Sweep Plan, a plan under ICICI Prudential Liquid Plan, in terms of enabling provisions of the offer document of the scheme:
During the period from 29 January 2008 to 1 February 2008 (both days inclusive), existing investors under the scheme can redeem units under the scheme by sending appropriate requests/ applications directly to the fund.
Also, during the aforesaid period, existing as well as new investors can make fresh applications for purchases of units under the scheme. The minimum amount of application shall be Rs 5000 and in multiples of Re 1 thereafter.
The investment objective of ICICI Prudential Sweep Plan, a plan under ICICI Prudential Liquid Plan, is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investment made primarily in money market and debt securities.
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