ICICI Prudential Mutual Fund has announced the revision of minimum application amount under institutional option of ICICI Prudential Income Plan as well as the ICICI Prudential Short Term Plan, with effect from January 22, 2009. According to the revision, the minimum application amount for all fresh purchases / switches under institutional option of the above mentioned schemes will be Rs 10 lakh and in multiples of Re 1 thereafter.
ICICI Prudential Income Plan is an open-ended debt fund with an objective to generate income through investments in debt securities. On the other hand, ICICI Prudential Short Term Plan is an open-ended income scheme with an objective to generate income through investments in debt securities.
ICICI Prudential Income Plan is an open-ended debt fund with an objective to generate income through investments in debt securities. On the other hand, ICICI Prudential Short Term Plan is an open-ended income scheme with an objective to generate income through investments in debt securities.
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