JM Financial Mutual Fund has announced change in exit load structure under all equity schemes (except JM Arbitrage Advantage Fund and JM Tax Gain Fund with effect from 24 September 2014.
Accordingly, if redeemed / switched out within 3 months of transfer / allotment of units in normal transactions / allotment of units of respective installments in SIP / STP transactions, the exit load will be 1.00% of applicable NAV.