This is an open ended fund of funds scheme launched by JP Morgan Mutual Fund. The main objective is to invest in JP Morgan Funds – JF Asean Equity Off Shore fund. By investing in this fund it provides long term capital appreciation. JF Asean Equity Fund invest in the companies which are in the countries of South East Asian Nations.
The NFO opens on 10th June 2011 and it closes on 24th June, 2011. There is no entry load for investing in this scheme. There is an exit load of 1% if the investments are redeemed within 12 months from the date of investment.
The minimum investment amount for investing in this scheme is Rs 5000.
Happy Investing!!
