JP Morgan Mutual Fund Revises the Exit Load of 5 Schemes

JP Morgan Mutual Fund has announced to revise the exit load structure of JP Morgan India Equity, JP Morgan India Smaller Companies, JP Morgan JF Greater China Equity Off-Shore, JP Morgan Emerging Europe, Middle East & Africa Equity Off-Shore & JP Morgan JF ASEAN Equity Off-Shore Fund, with effect from April 9, 2012.

The revised exit load will be 2% if redeemed within 6 months, 1.5% if redeemed after 6 months but before 12 months and 1% if redeemed after 12 months but before 18 months from the date of allotment.

Presently, it charges a 1% exit load if redeemed within 12 months from the date of allotment.