DRAFT PROSPECTUS

JF MUTUAL FUND

JF INDIA EQUITY FUND Open-ended Growth Scheme

JF INDIA CASH FUND Open-ended Liquid Income Scheme

ISSUE OF UNITS OF RS.10 PER UNIT FOR CASH AT PAR

INITIAL OFFER OPENS	XXXXXXXX XX, 2001
INITIAL OFFER CLOSES	XXXXXXXX XX, 2001

SPONSOR: TRUSTEE:

JARDINE FLEMING JF MUTUAL FUND PRIVATE