ICICI Prudential Mutual Fund has planned to revise the exit load structure under its scheme ICICI Prudential Gilt Fund – Investment Plan – PF Option. As per the revision, scheme will charge an exit load of 1 per cent if the investments are redeemed within 1 year from the date of allotment. The revision will be effective from 29th June, 2010. Currently the scheme does not charge any exit load. ICICI Prudential Gilt Fund – Investment Plan – PF Option is an open ended gilt fund with the investment objective to generate income through investments in Gilts of various maturities. The scheme is managed by Mr. Kuldeepsinh Jagtap and benchmarked against I-Sec Li-BEX.
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