ICICI Prudential Mutual Fund announced change in name of ICICI Prudential Moderate Fund
Jan 31 2020
News Category: Fund Name Change
ICICI Prudential Mutual Fund announced the change in name of ICICI Prudential Moderate Fund (FOF) to ICICI Prudential Income Optimizer Fund (FOF) with effect from Feb 3, 2020. The fund will also see change in exit load of the fund from the effective date. As per the revised provision, if units are redeemed within 12 months from allotment date, 1% will be chargeable of the applicable NAV. No exit load will be applicable otherwise.
