Date : Dec-15-2008
ICICI Prudential Mutual Fund has declared changes in the institutional plan of ICICI Prudential Income Plan. The fund house announced changes in the minimum application amount under the institutional plan of the scheme. The minimum application amount for all fresh purchases/switches under the scheme will be 25 lacs and in multiples of Re 1 thereafter, effective from 16 December 2008. However the minimum additional purchase amount under the scheme remains unchanged. ICICI Prudential Income Plan (IPIP) is an open-ended debt fund with an object to generate income through investments in debt securities.
ICICI Prudential Mutual Fund has declared changes in the institutional plan of ICICI Prudential Income Plan. The fund house announced changes in the minimum application amount under the institutional plan of the scheme. The minimum application amount for all fresh purchases/switches under the scheme will be 25 lacs and in multiples of Re 1 thereafter, effective from 16 December 2008. However the minimum additional purchase amount under the scheme remains unchanged. ICICI Prudential Income Plan (IPIP) is an open-ended debt fund with an object to generate income through investments in debt securities.
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