JP Morgan Mutual Fund has revised exit load under its schemes, JP Morgan India Equity Fund, JP Morgan India Smaller Companies Fund, JPMorgan India Alpha Fund and JPMorgan JF Greater China Off-shore Fund. As per the revision, all four schemes will charge an exit load of 1 per cent, if the investments redeemed before 12 months from the date of allotment of each installment of SIP purchase. The change has been in effect from 13th July, 2010. The schemes are benchmarked against BSE200, CNX Midcap, Crisil Liquid Fund Index and MSCI Golden Dragon Index respectively.
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