Name of Fund: JP Morgan India Liquid Fund
Scheme: Open-End, Liquid Scheme
Objective: The scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Asset Allocation: The fund would invest 100 per cent in money market instruments including cash, reverse repo and debt instruments with a residual maturity of less than 182 days.
Fund Opens: September 18, 2007
Fund Closes: September 20, 2007
Face Value: Rs 10
Investment Options: Growth and Daily Dividend
Load: The fund would not charge any entry or exit load.
Minimum Investment Amount: Rs 5000
Benchmark Index: Crisil Liquid Fund Index
Fund Manager: Nandkumar Surti