OFFER DOCUMENT

ii)
Prudential ICICI Balanced Fund
The redemption will be at Applicable NAV based prices. Please refer to “Redemption Price” on page 78.
b. Payment of Proceeds
All redemption requests received prior to the cut-off time (please refer to “Payment of Proceeds” on Page 79 on any
Business Day at the Customer Service Centres will be considered accepted on that Business Day, subject to the
redemption requests being complete in all respects, and will be priced on the basis of Redemption Price for that day.
Requests received after the cut-off time will be treated as though they were accepted on the next Business Day.
Please refer to (Page 80) “Right to Limit Redemptions” and (page 81) “Suspension of Sale and Redemption of
Units”.
As per the Regulations, the Fund shall despatch redemption proceeds within 10 Business Days (working days) of
receiving the redemption request. However, under normal circumstances, the Fund will endeavour to despatch the
redemption proceeds within 3 Business Days of acceptance of the redemption request at Customer Service Centres.
Investors should note that it is the intention of the Fund to despatch the redemption proceeds within 3 Business
(working) Days and the Fund/AMC do not guarantee the same.
As per the guidelines issued by SEBI, in the event of failure to despatch the redemption or repurchase proceeds
within 10 working days, the AMC is liable to pay interest to the Unit holders @ 15% p.a. SEBI has further advised
the mutual funds that in the event of payment of interest to the Unit holders, such Unit holders should be informed
about the rate and the amount of interest paid to them.
Listing
Being an open ended Scheme, the Units of the Scheme are not listed on any stock exchange.
Fees and Expenses
a. Initial Issue Expenses: The Initial Issue Expenses to be charged were limited to 1% of the initial corpus mobilised
under the Scheme. Under the Regulations, the Fund is entitled to charge Initial Issue Expenses upto a maximum of
6% of initial resources raised under the Scheme.
b. Recurring Expenses: The details of recurring expenses of the Scheme, on an annual basis, have been stated on
Page 83. The estimated recurring expenses for the Scheme are at 2.00 % p.a.
As per the Regulations, the maximum recurring expenses that can be charged to the Scheme shall be subject to a
percentage limit of weekly net assets as in the table below:
First Rs. 100 crore Next Rs. 300 crore Next Rs. 300 crore Over Rs. 700 crore
2.50% 2.25% 2.00% 1.75%
Subject to Regulations and this Offer Document, expenses over and above the prescribed ceiling will be borne by
the AMC.
c. Load : Entry Load:
i. For investments of less than Rs. 10 Lakhs : Entry load at 2.25% of applicable Net Asset Value (NAV).
ii. For investment of Rs.10 Lakhs and above but upto Rs. 3 crores: Entry load at 1.75% of applicable Net Asset
Value (NAV)
iii. For investment of Rs. 3 crores and above: Entry load is Nil.
Exit Load:
On an on-going basis, the Trustee, for the present does not intend to charge an exit load on redemption of Units.
No entry load will be charged in respect of switch transaction from one equity scheme of the Fund to another equity
scheme of the Fund.
Subject to the Regulations, the Trustee reserves the right to modify/alter the load structure and may decide to introduce
a differential load structure on the Units subscribed/redeemed on any Business Day. Such changes will be applicable
for prospective investments. The Trustee shall arrange to display a notice in the Customer Service Centers of the
AMC before the change of the then prevalent load structure. The addendum detailing the changes in load structure
will be attached to offer documents and abridged offer documents. The addendum will also be circulated to all the
distributors / brokers so that the same can be attached to all the offer documents and abridged offer documents in
stock. This addendum will also be sent along with the newsletter to the unitholders immediately after the changes.
Changes in the load structure may be stamped in the acknowledgement slip issued by the Fund after the changes in
load structure. The load collected from the Unitholders will be credited to a separate account and will be offset
against distribution and marketing expenses. Surplus of load, if any, charged over planned marketing and distribution
expenses to be defrayed will be credited to the Scheme whenever felt appropriate by the AMC.
f) Changes in Fundamental Attributes
The Trustees shall ensure that no change in the fundamental attributes of any scheme or the trust or fee and expenses
payable or any other change which would modify the scheme and affects the interests of unit holders is carried out
unless:
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