VR Logo

JP Morgan Mutual Fund units can now be held in Demat Form


JP Morgan Mutual Fund has announced that the units of JP Morgan India Liquid Fund, JP Morgan India Treasury Fund, JP Morgan India Active Bond Fund and JP Morgan India Short Term Income Fund can also be held in demat form.

Further, units of al the schemes of JP Morgan Mutual Fund which are already held in demat form shall be freely transferable subject to the SEBI (Depositories and Participants) Regulations, 1996 as may be amended from time to time. However, restriction on transferability shall continue to be applicable on the units of JP Morgan India Tax Advantage Fund during the lock-in period, as per the ELSS Guidelines.