JPMorgan Mutual Fund has launched the New Fund Offer (NFO) of JPMorgan India Top 100 Fund, a close ended income scheme. The NFO opens for subscription on Jun 02, 2014 and closes on Jun 16, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.
The scheme’s performance will be benchmarked against S&P BSE 100 and its fund managers are Harshad Patwardhan and Amit Gadgil
The investment objective of the scheme is to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the top 100 companies, by market capitalisation, listed in India.
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