OFFER DOCUMENT

Prudential ICICI Balanced Fund
The Fund shall ensure that the Redemption Price is not lower than 93% of the NAV and the Purchase Price is not
higher than 107% of the NAV, provided that the difference between the Redemption Price and Purchase Price of the
Units shall not exceed the permissible limit of 7% of the Purchase Price, as provided for under the Regulations.
ii) Applicable NAV
Applicable NAV is the Net Asset Value per Unit at the close of the Business Day on which the application is accepted.
An application will be considered accepted on that day, subject to it being complete in all respects and received
prior to 3 p.m. on that Business Day.
iii) How to Redeem?
The redemption requests can be made on the transaction slip for redemption available at the Customer Service
Centres. The redemption request can be made at any of the Investor Service Centers as listed in this Offer Document.
In case the Units are standing in the names of more than one Unitholder, where mode of holding is specified as
‘Jointly’, redemption requests will have to be signed by all joint holders. However, in cases of holding specified as
‘Anyone or Survivor’, any one of the Unitholders will have the power to make redemption requests, without it being
necessary for all the Unitholders to sign. However, in all cases, the proceeds of the redemption will be paid only to
the first-named holder.
The Unitholder may either request for mailing of the redemption proceeds to his/her address or collection of the
same from the Customer Service Centre.
iv) Payment of Proceeds
All redemption requests received prior to 3:00 p.m. on any Business Day will be considered accepted on that Business
Day, subject to the redemption request being complete in all respects, and will be priced on the basis of the Applicable
NAV (subject to the applicable load) for that day. Where an application is received after the cut-off time, as above,
then the request will be deemed to have been received on the next Business Day. Please see page 80 ‘Right to Limit
Redemptions’ and page 81 ‘Suspension of Sale and Redemption of Units’.
As per the Regulations, the Fund shall despatch the redemption proceeds within 10 (ten) Business Days (working
days) from the date of acceptance of redemption request at any of the Customer Service Centres or the office of the
Registrar, in case of a Redemption request being sent by post.
Under normal circumstances, the Fund will endeavour to despatch the redemption cheques within 3 Business Days
from the date of acceptance of the redemption request.
The redemption cheque will be issued in favour of the sole/first Unitholder’s registered name and bank account
number and will be sent to the registered address of the sole/first holder as indicated in the original Application
Form. The redemption cheque will be payable at par at all the places where the Customer Service Centers are located.
The bank charges for collection of cheques at all other places will be borne by the Unitholder.
In order to protect interest of the Unitholders from fraudulent encashment of cheques the current SEBI
Regulations has made it mandatory for Unitholders to mention their bank name and account numbers of
the Unitholders in their applications for purchase or redemption of Units. The normal processing time may
not applicable in situations where such details are not provided by the Applicants/ Unitholders. The AMC
will not be responsible for any loss arising out of fraudulent encashment of cheques or any delay or loss in
transit.
If the Unit-holder fails to provide the Bank mandate, the request for redemption would be considered as not valid
and the Fund retains the right to withhold the redemption until a proper bank mandate is furnished by the Unitholder
and the provision with respect of penal interest in such cases will not be applicable/ entertained.
A fresh Transaction Confirmation will be sent by the Registrar to the redeeming investors, indicating the new balance
to the credit in the Account. With the prior consent of the Unitholder, the account statement will be sent by e-mail
only.
The Fund may close a Unit holder’s account if, as a consequence of redemption, the balance falls below Rs.5,000,
and a period of 30 (thirty) days has elapsed after the issue of notice to the Unitholder by the AMC requesting him to
bring the amount in the account to the minimum described above and the Unitholder fails to do so.
If a Unitholder makes a redemption request immediately after purchase of Units, the Fund shall have a right to
withhold the redemption request till sufficient time has elapsed to ensure that the amount remitted by him (for
purchase of Units) is realized and the proceeds have been credited to the Scheme’s Account. However, this is only
applicable if the value of redemption is such that some or all of the freshly purchased Units may have to be redeemed
to effect the full redemption.
v) Redemption by NRIs/FIIs
Credit balances in the account of an NRI/FIIs investor, may be redeemed by such investors in accordance with the
procedure described above and subject to any procedures laid down by the RBI, if any. Such redemption proceeds
will be paid by means of a Rupee cheque payable to the NRI’s/FIIs or by a foreign currency draft drawn at the then
current rates of exchange less bank charges thereof subject to RBI procedures and approvals.
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