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Wednesday, October 29, 2014

JPMorgan India Government Securities Fund Announces Change In Exit Load Structure

With effect from 30 October 2014 

JPMorgan Mutual Fund has announced change in exit load structure under JPMorgan India Government Securities Fund (an open-ended gilt scheme), with effect from 30 October 2014. 

Accordingly, the exit load will be: 

If redeemed within 12 months from the date of allotment in respect of purchase made other than through SIP and if redeemed within 12 months from the date of allotment in respect of each purchase made through SIP, the exit load will be 2.00%. 

If redeemed after 12 months but within 24 months from the date of allotment in respect of purchase made other than through SIP and if redeemed after 12 months but within 24 months from the date of allotment in respect of each purchase made through SIP, the exit load will be 1.50%. 

If redeemed after 24 months but within 36 months from the date of allotment in respect of purchase made other than through SIP and if redeemed after 24 months but within 36 months from the date of allotment in respect of each purchase made through SIP, the exit load will be 1.00%. 

If redeemed after 36 months from the date of allotment in respect of purchase made other than through SIP and if redeemed after 36 months from the date of allotment in respect of each purchase made through SIP, the exit load will be Nil. 
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