ICICI pru AMC announces change in minimum withdrawal amount in Schemes where SWP is available

ICICI Prudential Asset Management Company (AMC) has announced changes in the Scheme Information Document (SID) and Key Information Memorandum (KIM) of ICICI Prudential Mutual Fund wherein Systematic Withdrawal Plan (SWP) facility is available.

As per the announcement, the minimum withdrawal amount in Systematic Withdrawal Plan (SWP) facility under all frequencies of the Schemes will be revised as Rs 100 and in multiples of Re 1 with effect from December 19, 2019. The aforementioned revision shall be applicable on prospective basis to the registrations/ enrollments received on or after the effective date.

All the other provisions of the SID/KIM/addenda of the schemes remain unchanged.

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