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Saturday, May 09, 2015

JPMorgan India Government Securities Fund Announces Change In Exit Load Structure

With effect from 11 May 2015

JPMorgan Mutual Fund has announced change in exit load structure under both regular plan and direct plan of JPMorgan India Government Securities Fund (an open-ended gilt scheme), with effect from 11 May 2015. 

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

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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