- For all requests received before 3.00 p.m. on a working day, NAV declared on the same day will be applicable. However, if the request is received after 3.00 p.m., then the NAV declared on the next working day will be applicable. For all requests received after 3.00 p.m. on a Friday, NAV declared on Monday will be applicable (provided Monday is a working day).
- Fund values have been rounded off to the nearest two decimal points.
- If you place an online switch request, the selected number of units will be liquidated from the source fund at the current unit value and new units will be purchased of the selected fund.
- Free switch is allowed 4 times in a policy year; but cannot be carried forward to the next year. For any additional switch in a policy year, charge of Rs. 100/- per switch will be levied. The unit value applicable in the existing funds shall be used to sell units in the customer's account to pay for this charge
- Unlimited free switches are allowed only for ICICI Pru Elite Life, ICICI Pru Elite Wealth, ICICI Pru Elite Life II, ICICI Pru Elite Wealth II, ICICI Pru Signature, ICICI Pru EzyGrow, ICICI Pru Protect N Gain, ICICI Pru Platinum, ICICI Pru Signature Pension, ICICI Pru Signature Assure and ICICI Pru Smart Goal Assure plans
- For the minimum amount for effecting switch, please refer to the policy document
- Return Guaranteed Fund (RGF) - These are limited subscription period fund offers with a Minimum Guaranteed NAV applicable when fund matures. Customer can switch out from RGF any time before fund maturity. This offer is valid only on selected products. Click here for RGF details
- Switches will not be allowed if money is in the DP fund or funds are invested in special funds or goal based strategy
- Partial Withdrawal/Surrender and Fund Switch are not allowed on the same day
- Multiplier Fund is available instead of Maximiser fund for all Premier life policies issued after February 23, 2008
- * Segregated Fund Identification Number (SFIN) is a unique fund code as stipulated by IRDAI
- Terms & Conditions of switch may differ from plan to plan, please read policy document for more detail