How does the new fee structure apply to my unit holdings of Rs. 8 lakhs or more?
If the cumulative MF holdings you have with us is Rs. 8 lakhs or more, you actually pay NOTHING. The “cumulative value” will be taken as per Value at NAV of your entire MF holdings, at the time of order placement, as seen on your MF Unit Holdings page. Transaction charges will be applied as per the new fee structure, accordingly. If you have any MF holdings which have not been done through us, you can transfer them to ICICIdirect.com without any extra charge, so that you can enjoy these benefits on the cumulative unit holdings.
