JP Morgan JF ASEAN Equity Offshore Fund

JP Morgan JF ASEAN Equity Offshore Fund is being managed by Namdev Chougle. Its an equity oriented international fund. If you have invested in this fund, exit now to invest in a better performing fund. New investors can safely skip this fund.

Where does JP Morgan JF ASEAN Equity Offshore Fund invest your money?

JP Morgan JF ASEAN Equity Offshore Fund is a equity oriented international fund which means most of your money is invested in stocks of international companies. The scheme seeks to provide long term capital growth by investing predominantly in JP Morgan 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).

Suitable for what?
  • Creating wealth
  • Lifestyle needs
Not suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home purchase
How has JP Morgan JF ASEAN Equity Offshore Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched at July 2011, your value of investments would be around to Rs 1.30 lakhs. The fund’s performance has been similar to other funds in this category. The fund has been giving around 27% returns for those who have stayed invested since inception. 

Assume you had invested Rs 10,000 every month in JP Morgan JF ASEAN Equity Offshore Fund through SIP from the month of inception, today you would have around Rs 2.87 lakhs.

How will JP Morgan JF ASEAN Equity Offshore Fund perform in the future?

Needless to say no one can predict the future of markets. We have firm belief in the future prospects of the Indian economy. If the Indian economy grows at 9% then the leading companies tend to do well. When the companies do well their stock prices follow their performance. So if you expect the economy to grow at 8% then you can expect top performing mutual funds to give you returns in excess of 14%. 

We advise you to avoid too much of star gazing and future prediction. Be reminded that equities are one of the asset classes that have the potential to beat inflation. Your aim for core portfolio should be to beat inflation.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Recommended
How frequently you need to monitor the performance?

Once you invest in the fund do not get into the habit of checking the NAV daily or monthly. Review the performance twice a year. Too much attention is not good.

What are the charges applicable?

An exit load of 2% is charged if units are redeemed within 6 months, 1.5% if redeemed within 6 to 12 months and 1% if redeemed after 12 months and before 18 months from the date of allotment. No exit load applies for units withdrawn post 18 months. Expense ratio of JP Morgan JF ASEAN Equity Offshore Fund is 1.82%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in an equity mutual fund are absolutely tax free, provided you do not withdraw within 1 year. 

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