Effective July 13, 2010, JP Morgan Mutual Fund has revised the exit load under for SIP subscriptions under JP Morgan India Equity, JP Morgan India Smaller Companies, JP Morgan India Alpha, JP Morgan JF Greater China Equity Off-shore.
Earlier, the exit load used to be 1% if redeemed within 24 months from the date of allotment. Now, it will be 1% if redeemed on or before completion of 12 months from the date of allotment.