JM Financial MF: Changes in Load structure under its schemes

JM Financial MF has proposed the following load changes under the JM Midcap Fund, JM Balanced Fund, JM Basic Fund, JM Contra Fund, JM Equity Fund, JM Emerging Leaders Fund, JM Hi-Fi Fund, JM Financial Services Fund, JM Large Cap Fund, JM Multi Strategy Fund, JM Small & Midcap Fund, JM Telecom Sector Fund, w.e.f. August 1, 2009:

Revised Load Structure:
Entry Load: NIL
Exit Load: 1%, if redeemed within 365 Days and 0.50% if redeemed within 91 Days.

And for JM MIP Fund and JM Floater Long Term Regular Plan, the load structure would be:

Revised Load Structure:
Entry Load: NIL
Exit Load: 0.50% for investments upto Rs.5 lakhs , if redeemed within 91 Days.