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.