JPMorgan
MF has launched the NFO of JPMorgan India Income Fund - Series 301, a close
ended income scheme.
The
NFO opens for subscription on July 12, 2012 and closes on July 24, 2012. No
entry load or exit load will be applicable for the scheme.
The
minimum subscription amount is Rs. 5000.
The
scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund
Index and its fund managers are Namdev Chougule and Ravi Ratanpal.
The
investment objective of the scheme is to generate income through investments in
debt securities/ money market instruments and Government of India Securities
(“GoI Securities”) maturing on or before the maturity date of the scheme.
However, there can be no assurance that income can be generated, regular or
otherwise, or that the investment objective of the scheme will be realized.
Source
: Accord Fintech
