Change in Exit Load of JP Morgan India Banking and PSU Debt Fund | Value Research JP Morgan Mutual Fund has decided to revise the exit load of JP Morgan India Banking and PSU Debt Fu
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Change in Exit Load of JP Morgan India Banking and PSU Debt Fund

JP Morgan Mutual Fund has decided to revise the exit load of JP Morgan India Banking and PSU Debt Fund to 1% if redeemed within 12 months from the date of allotment. Currently it is 1.5% if redeemed within 1 year, 1% if redeemed after 1 year but within 2 years and 0.5% if redeemed after 2 years but within 3 years from the date of allotment. The change will be effective from August 17, 2015.

The fund house has also decided to declare dividend under JP Morgan India Equity Direct-D and JP Morgan India Equity-D. The quantum of dividend shall be ₹0.25 per unit. The record date has been fixed as August 20, 2015.


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