ICICI Prudential Mutual Fund has announced change in exit load structure under the following schemes, with effect from 01 August 2018.
Accordingly, the revised exit load will be:
ICICI Prudential Equity Savings Fund, ICICI Prudential Banking & Financial Services Fund, ICICI Prudential Infrastructure Fund, ICICI Prudential Technology Fund and ICICI Prudential FMCG Fund:
- If units purchased or switched in from another scheme of the fund are redeemed or switched out within 15 days from the date of allotment – 1% of applicable NAV
- If units purchased or switched in from another scheme of the fund are redeemed or switched out after 15 days from the date of allotment – NIL
- ICICI Prudential Ultra Short Term Fund: NIL
- ICICI Prudential Child Care Fund (Gilt Plan): NIL (subject to completion of lock-in period of at least 5 years or till the child attains age of majority (whichever is earlier).
