Saturday, May 30, 2009

ICICI Prudential Mutual Fund Floating Rate Plan Announce Changes - May 30, 2009

ICICI Prudential mutual fund has approved the changes in minimum application amount under ICICI Pru Floating Rate Plan-Plan B and exit load structure of ICICI Pru Floating Rate Plan-Plan A. The proposed changes will be effective from June 1, 2009.

Accordingly, the minimum application amount for all fresh purchases/switches under ICICI Pru Floating Rate Plan B will be Rs 10 lakh and in multiples of Re 1 thereafter. ICICI Pru Floating Rate Plan A will not charge exit load from June 1, 2009.

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