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  • MF News JM introduces exit load in JM Short Term Plan

    JM introduces exit load in JM Short Term Plan

    JM Mutual Fund starts charging exit load of 0.25 percent in Short Term Plan
    Team Cafemutual Jul 26, 2011

    JM Mutual Fund starts charging exit load of 0.25 percent in Short Term Plan

    Mumbai: JM Financial Mutual Fund has introduced exit load in JM Short Term Plan with effect from July 27, 2011.The fund house will charge 0.25 percent exit load if units are redeemed within 30 days from the date of allotment. Currently, the scheme does not charge any exit load.

    JM Short Term Plan is an open ended income scheme with an investment objective to generate regular returns and high level of liquidity with low risk strategy and capital appreciation / accretion through investments in debt instruments and related securities besides preservation of capital.

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