ICICI Mutual Fund Removes Exit Fee For 3 Funds

ICICI Mutual Fund has removed exit loads from three of it's funds with effect from August 1, 2007. That is investments made in these funds on or after August 1, 2007 will not pay an exit load on redemption. Other than investments made via SIPs or STPs.

1. ICICI Prudential Power, Fund Page on Value Research
2. ICICI Prudential Services Industries Fund, Fund Page on Value Research
3. ICICI Prudential Equity & Derivatives Fund - Wealth Optimizer Plan, Fund Page on Value Research

Article in Economic Times about this.