JP Morgan Mutual Fund has entered into an agreement with Edelweiss Mutual Fund for the transfer of all mutual fund schemes operated by it and the corresponding change in sponsorship, trusteeship, management and administration of the schemes.
Further, it is proposed to merge certain schemes of Edelweiss MF into the corresponding schemes of JP Morgan MF and merge a JP Morgan MF scheme into the corresponding scheme of Edelweiss MF. The details are as under:
Current name of the Scheme (Transferor scheme) | Scheme with which the Transferor Scheme is getting merged (transferee Scheme) | Proposed new name |
Edelweiss Liquid Fund | JP Morgan India Liquid Fund | Edelweiss Liquid Fund |
Edelweiss Bond Fund | JP Morgan India Active Bond Fund | Edelweiss Bond Fund |
Edelweiss Equity Savings Advantage Fund | JP Morgan India Equity Income Fund | Edelweiss Equity Savings Advantage Fund |
Edelweiss Emerging Leaders Fund | JP Morgan India Mid and Small Cap Fund | Edelweiss Mid and Small Cap Fund |
JP Morgan India Top 100 Fund | Edelweiss Diversified Growth Equity Top 100 (E.D.G.E. Top 100) Fund | Edelweiss Top 100 Fund |