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Tuesday, April 28, 2015

JPMorgan India Tax Advantage Fund Discontinues fresh subscription under Dividend Reinvestment Option

With effect from 30 April 2015 

JPMorgan Mutual Fund has approved discontinuation of the dividend reinvestment option under the divided option in JPMorgan India Tax Advantage Fund, with effect from 30 April 2015. 

Consequently, no fresh subscription will be accepted under the reinvestment option of the scheme. After discontinuation of dividend reinvestment facility, Dividend Transfer Plan (DTP) is a new sub-option being introduced under the dividend option. 
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