JP Morgan India Active Bond Fund: Change in exit load

JP Morgan Mutual Fund has revised exit load structure for both Retail and Institutional Plan under JP Morgan India Active Bond Fund, with effect from July 7, 2011.

The revised exit load will be 0.50 per cent if redeemed within 3 months from the date of allotment.

Earlier, exit load used to be 0.25 per cent if redeemed within 1 month from the date of allotment.

Performance of the Fund:

JP Morgan India Active Bond Retail-G has given 1.19% returns over the span of 3 months. It has given 5.42% of annual returns in 2010 and 4.24% since launch.

It's Net Assets are Rs 2.21 crore as on 30/06/2011.

It has given best returns in last quarter of 2008 i.e. 12.85%, when markets crashed and performed worst in first quarter of 2009 by giving negative returns of -10.23%.

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