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JP Morgan Revises its Load Structure


JP Morgan MF has revised its load structure. Effective September 9, 2009, 1% exit load would be charged for redemptions made within 12 months from the date of allotment, in respect of purchase made other than through SIP. While for investments made through SIP, an exit load of 1% would be charged for redemptions made within 24 months from the date of allotment. This change would come into effect under JP Morgan India Equity Fund, JP Morgan India Smaller Companies Fund, JP Morgan India Alpha Fund, JP Morgan India Tax Advantage Fund and JP Morgan JF Greater China Equity Offshore Fund.