JP Morgan Mutual Fund has announced the change in exit load of JP Morgan India Equity, Smaller Companies, JF Greater China Equity Off-shore, JF ASEAN Equity Off-shore and Emerging Euro, Middle East and Africa Equity Off-shore Fund with effect from October 12, 2012.
An exit load of 3% shall be applicable if units are redeemed within 6 months from the date of allotment and then decreasing 1% for every 6 months.
Till date, the comparative loads stand at 2% 1.5% and 1% respectively.