0.50% exit load to apply on redemptions within 3 months
Mumbai: JP Morgan Mutual Fund has revised exit load in JP Morgan India Short Income Fund with effect from September 21, 2011. The scheme will charge 0.50 per cent as exit load if units are redeemed within 3 months from the date of allotment in respect of each purchase made through SIP as well as other than SIP.
Earlier, the scheme charged 0.15 per cent as exit load if units were redeemed within 15 days from the date of allotment in respect of each purchase made through SIP as well as other than SIP.
