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JM Mutual Modifies Load Structure for JM Contra Fund

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.