JPMorgan AMC offers Optimiser STP upfront market
JPMorgan Asset Management India on Monday launched Optimiser Systematic transfer plan to its customers.
By PTI |
MUMBAI: JPMorgan Asset Management India on Monday launched Optimiser Systematic transfer plan to its customers.
This would enable investors to invest a lump sum amount in JPMorgan India liquid fund or JP Morgan India liquid plus fund, the company said in a press release issued here.
Through Optimiser Systematic transfer plan (STP), a pre-fixed amount will be transferred periodically from the fund to any of the existing equity schemes managed by JPMorgan Mutual Fund, company said.
"Investing in equity schemes through STP will help investors make the most of the volatile market conditions," JPMorgan Asset Management India's Director and CEO Krishnamurthy Vijayan said.
The schemes available for transfer are JPMorgan India equity fund and JP Morgan India smaller companies fund, which would provide both dividend and growth options to investors, the company said.
This would enable investors to invest a lump sum amount in JPMorgan India liquid fund or JP Morgan India liquid plus fund, the company said in a press release issued here.
Through Optimiser Systematic transfer plan (STP), a pre-fixed amount will be transferred periodically from the fund to any of the existing equity schemes managed by JPMorgan Mutual Fund, company said.
"Investing in equity schemes through STP will help investors make the most of the volatile market conditions," JPMorgan Asset Management India's Director and CEO Krishnamurthy Vijayan said.
The schemes available for transfer are JPMorgan India equity fund and JP Morgan India smaller companies fund, which would provide both dividend and growth options to investors, the company said.
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