ICICI Pru AMC announces Freedom SWP under select schemes

27-May-2020 13:51 Hrs IST

ICICI Prudential Asset Management Company (AMC) has announced that Freedom SWP is now available under select schemes of the Fund with effect from June 1, 2020. Freedom SWP# allows investors to periodically withdraw a fixed amount 6% p.a. from the investment corpus, along with an option of Yearly Top Up of either 3%p.a., 4% p.a. or 5% p.a. The eligible schemes are, ICICI Prudential Equity & Debt Fund, ICICI Prudential Multi-Asset Fund, ICICI Prudential Asset Allocator Fund (FOF), ICICI Prudential Balanced Advantage Fund, ICICI Prudential Retirement Fund - Hybrid Aggressive Plan, ICICI Prudential Retirement Fund - Hybrid Conservative Plan, ICICI Prudential Regular Savings Fund, and ICICI Prudential Income Optimizer Fund (FOF).All the other provisions of the SIDs/KIMs/SAI/addenda of the schemes except as specifically modified herein above remain unchanged.

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