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Launch of JM FMP III-Yearly Plan


JM Mutual fund has launched FMP Series III- Yearly Plan. The plan is open for subscription just for a day i.e. on September 15, 2006.The fund would invest around 65-100% in short term debt securities and money market instruments. The minimum investment amount would be Rs 5000.The fund would not charge any entry load but an exit load of 1.5% .