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.

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