JM Liquid Plus Fund has been renamed as JM Floater Fund - Long Term Plan with effect from February 11, 2009. All other features of the scheme will remain unchanged.
SEBI had earlier debared fund houses from keeping the names of their schemes as "Liquid Plus" (refer SEBI Circular No. 13/150975/09 dated January 19, 2009). All fund houses are to carry out change in the nomenclature of their "Liquid Plus" schemes within 30 days from the date of issue of the notice.