JM Mutual Fund removes Exit Load under Equity Schemes

JM Mutual Fund has announced that with effect from April 1, 2011 there will be no exit load under all equity schemes (except JM Core 11 Fund- Series 1, JM Arbitrage Advantage Fund, JM Nifty Plus Fund and JM Tax Gain Fund.

Further, it also announced that default investment option under JM Interval Fund- Quarterly Plan 1 will be Dividend Payout option with effect from April 1, 2011.

Source: www.valueresearchonline.com

Thanks & Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.