VR Logo

Merger of JM Nifty Plus Fund & JM Emerging Leaders Fund

JM Financial Mutual Fund has announced merger of JM Nifty Plus Fund into JM Equity Fund and JM Emerging Leaders Fund into JM Multi Strategy Fund, with effect from July 29, 2011.

Dividend and Growth option in respective merging schemes would be merged with respective surviving schemes.

Investors who wish to continue can do so without doing anything. However, investors who want to exit from the scheme can redeem or switch out their units from June 30, 2011 to July 29, 2011 without paying any exit load.