JP Morgan India Short-Term Income Fund trips. Time to exit
Since the fund house hasn't given us any clarity on the situation, predicting developments in the next few weeks is difficult
On Thursday, two of JP Morgan Asset Management (India) Co. Ltd’s fixed income schemes sank sharply. JP Morgan India Short Term Income Fund (JSTI) lost 3.38% in just one day, and JP Morgan India Treasury Fund (super institutional plan; JTF) fell by 1.73%.