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JPMorgan India Banking and PSU Debt Fund Announces Change In Exit Load

Capital Market/ 11:44 , Apr 11, 2014

With effect from 11 April 2014

JP Morgan Mutual Fund has announced change in the exit load structure under both regular plan and direct plan of JPMorgan India Banking and PSU Debt Fund with effect from 11 April 2014.

Accordingly, the revised provisions for each redemption will be:If redeemed within one year from the date of allotment in respect of purchase made other than through SIP; if redeemed within one year from the date of allotment in respect of each purchase made through SIP: 1.50%

If redeemed after one year but within two years from the date of allotment in respect of purchase made other than through SIP; if redeemed after one year but within two years from the date of allotment in respect of each purchase made through SIP: 1.00%

If redeemed after two years but within three years from the date of allotment in respect of purchase made other than through SIP; If redeemed after two years but within three years from the date of allotment in respect of each purchase made other than through SIP: 0.50%

If redeemed after three years from the date of allotment in respect of purchase made other than through SIP; if redeemed after three years from the date of allotment in respect of each purchase made through SIP: Nil.

 



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