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JP Morgan India Short Term Income: Change in Exit Load

JP Morgan India Mutual Fund has announced a change in the exit load of JP Morgan India Short Term Income with effect from November 19, 2012.

A load of 0.70% shall be charged if units are redeemed within 9 months from the date of allotment instead of charging 0.60% for exit within 3 months.

The same shall apply for each purchase made through SIP.