JPMorgan Mutual Fund has announced change in exit load structure under retail plan and direct plan of JPMorgan India Short Term Income Fund (an open-ended income scheme), with effect from 01 February 2015.
Accordingly, if redeemed within 6 months from the date of allotment in respect of lumpsum & within 6 months from the date of allotment in respect of each purchase made through SIP and if redeemed after 6 months from the date of allotment in respect of lumpsum & after 6 months from the date of allotment in respect of each purchase made through SIP, the exit load will be Nil.