MF News JP Morgan’s 1% cap on redemption sparks off debate on liquidity commitments of MFs

JP Morgan’s 1% cap on redemption sparks off debate on liquidity commitments of MFs

Source: Financial Express Sep 2, 2015

Last week, JP Morgan AMC in India had imposed the limit on redemption from two of its debt schemes — Short Term Income Fund and India Treasury Fund at 1 per cent of the total number of units outstanding on any day.

Click here to read more>>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Prudent crosses Rs. 1 lakh crore MF AUM milestone

Your bulletin for the day

Bajaj Finserv, Invesco MF and Kotak MF launch their NFOs

AMFI to suspend ARN of MFDs who run sales contest for employees/sub brokers

HDFC MF, ICICI Prudential MF and Nippon India MF are distributors favorite

SEBI imposes Rs.5 lakh penalty on L&T MF

31% of SIP AUM in regular plans is invested for over 5 years

How is the performance of India’s top 30 equity funds in 5 years

Some more clarity on taxation of mutual funds

7 out of 10 intraday traders in direct stocks incur losses: SEBI

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS