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Scheme Details
 
Scheme Name JPMorgan India Smaller Companies Fund
Launch Date 09/11/2007
Fund Manager Mr. Harshad Patwardhan / Mr. Amit Gadgil
Investment Objective

The investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities focused on smaller companies. Generally, the universe will be the companies constituting the bottom fourth by way of market capitalization of stocks listed on the National Stock Exchange or The Bombay Stock Exchange. The fund manager may from time to time include other equity and equity related securities outside the universe to achieve optimal portfolio construction. However, there can be no assurance that the investment objective of the scheme will be realised.
Asset Allocation Pattern

Instrument

Normal allocation (% of net assets)

Risk profile

Equity and equity related securities of Smaller Companies*

65% -100%

Medium to high

Equity and equity related securities of companies other than Smaller Companies *

0% - 35%

Medium to high

Debt and Money market instruments 0% - 35% Low to medium
* Includes investments in equity and equity related securities issued by domestic companies; including derivatives traded on the Futures and Options segment of Indian stock exchanges not exceeding 50% of the net assets of the Scheme, offshore securities, ADRs and GDRs not exceeding 50% of the net assets of the Scheme. Investment in securitised debt may be made to the extent of 20% of net assets of the Scheme.
Minimum Investment

Minimum initial application amount Rs 5000 per application plus in multiples of Re. 1 thereafter.

Minimum additional application Amount Rs 1,000 per application plus in multiples of Re. 1 thereafter.

Minimum Amount / No. of Units for Redemption Rs 1,000 or 100 Units. (In
case the balance falls below Rs 500 all remaining units in that account will be automatically redeemed).
Entry Load
For Each Purchase Entry Load (% of Rs 10 or Applicable NAV as the case may be)
Of less than 5 crores 2.25%
Of Rs.5 crores or more Nil
By an FOF (irrespective of the amount of Purchase) Nil
As a result of dividend re-investment Nil
Through SIP where single installment is less than Rs 5 Crores 2.25%
Through SIP where single installment is more than or equal to Rs 5 Crores
Nil
Through STP where a single installment is less than Rs 5 crores 2.25%
Through switch-in or STP, provided that Units are switched out from the Scheme or any other equity scheme of the Fund to another scheme of the Fund and back to the Scheme within 90 days of switch-out/STP Nil
Through systematic transfers other than above Entry Load as applicable to any Purchase (as mentioned in point (i) and (ii) above)
Through switch-in from other equity schemes of the Fund Nil
A switch - in may also attract an Entry Load like any Purchase except in cases mentioned above.
Exit Load
For Redemption Entry Load (% of Applicable NAV)
Within 6 months from the date of allotment in respect of Purchase made other than through SIP 1.00%

Within 24 months from the date of allotment in respect of the first Purchase made through SIP

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption.

 1.00%
No Entry / Exit Loads / CDSL will be chargeable in case of switches made between different Scheme Options
Registrar Deutsche Investor Services Private Limited

Risk Factors

Mutual funds and securities investments are subject to market risks and there is no assurance or guarantee against loss in the Scheme or that the Scheme's objectives will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme can go up or down depending on various factors and forces affecting capital markets. Past performance of the Sponsor / AMC / Mutual Fund does not indicate the future performance of the Scheme.

Investors in the Scheme are not being offered a guaranteed or assured rate of return. JPMorgan India Equity Fund and JPMorgan India Smaller Companies Fund are only the name of the Schemes, and do not in any manner indicate the quality of the Scheme or its future prospects and returns. Mutual funds invest in securities which may not always be profitable and there can be no guarantee against loss resulting from investing in the Scheme. For scheme specific risk factors and other details please read the offer document carefully. Terms of Issue and Mode of Sale: Issue of Units of Rs. 10 per Unit plus Applicable Entry Load (if any) during the New Fund Offering (NFO) period and at Net Asset Value (NAV) subject to applicable Entry and Exit Loads / Contingent Deferred Sales Load (CDSL) thereafter. Investor benefit and General services: NAVs will be calculated on all business days and published in at least two daily newspapers. Purchase/redemption on all business days.

Statutory details: Sponsor: JPMorgan Asset Management (Asia) Inc. Trustee: JPMorgan Mutual Fund India Private Limited, a company incorporated under the Companies Act, 1956. Asset Management Company: JPMorgan Asset Management India Private Limited, a company incorporated under the Companies Act, 1956. JPMorgan Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, by JPMorgan Asset Management (Asia) Inc., liability restricted to initial contribution of Rs.1 lakh. Please refer to the Offer Document before investing. Offer Documents, Key Information Memorandum and application forms are available at Investor Service Centres and distributors.

 
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