JP Morgan Mutual Fund launches JPMorgan India Capital Protection Oriented Fund

JP Morgan Mutual Fund has launched JPMorgan India Capital Protection Oriented Fund. The new fund offer would remain open from 12th November, 2010 to 26th November, 2010. JPMorgan India Capital Protection Oriented Fund is a close ended income scheme with investment objective to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities that are maturing on or before the maturity of the scheme along with capital appreciation through equity exposure. The minimum application amount will be Rs 5000. The scheme will not charge any entry and exit load. The scheme will be benchmarked against BSE 200 and CRISIL Short Term Bond Fund Indices.

Source: http://www.24dunia.com/english-news/shownews/0/JP-Morgan-Mutual-Fund-launches-JPMorgan-India-Capital-Protection-Oriented-Fund-%C2%A0%C2%A0-On%C2%A0Nov-15-2010/8114812.html

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