JP Morgan Mutual Fund new issue closes on 13th June
JPMorgan Mutual Fund has launched JPMorgan JF ASEAN Equity Off-shore Fund, an open-ended funds of funds-overseas.
The investment objective of the scheme is to provide long term capital growth by investing predominantly in JPMorgan Funds-JF ASEAN Equity Fund, an equity fund which invests primarily in companies of countries which are members of the Association of South East Asian Nations (ASEAN).
The new issue closes on 13th June. The minimum investment amount is Rs5,000.
Morgan Stanley Capital International (MSCI) South East Asia Index (Total Return Net) is the benchmark index. Namdev Chougule is the fund manager of the Scheme.
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