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JPMorgan Mutual Fund announces change in exit load

JPMorgan India Banking & PSU Debt Fund announces change in exit load structure, with effect from August 17, 2015.

August 18, 2015 / 11:17 AM IST
JPMorgan Mutual Fund has announced change in exit load structure under both regular plan and direct plan of JPMorgan India Banking & PSU Debt Fund, an open-ended income scheme, with effect from August 17, 2015.

Accordingly, the exit load will be 1.00% if redeemed within 12 months from the date of allotment in respect of purchase made other than through SIP; if redeemed within 12 months from the date of allotment in respect of each purchase made through SIP.

If redeemed after 12 months from the date of allotment in respect of purchase made other than through SIP; if redeemed after 12 months from the date of allotment in respect of each purchase made through SIP, the exit load will be Nil.

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