
Effective July 16, 2007 JM Mutual Fund has modified the load structure for its JM Contra Fund. Now the fund would charge an entry load of 2.25% on investment less thanRs 5 Cr. An exit load of 1% would be charge for investments less than Rs 5 cr and 0.50% for investment less than Rs 5 cr, if redeemed within 6 months of allotment.