MUTUAL FUNDS
JM Financial Asset Management Company announces change in Base TER of certain Schemes
Nov-14-2024
In accordance with Paragraph 10.1.8 of SEBI Master Circular SEBI/HO/IMD/ IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024 (referred as ‘SEBI Master Circular’) on Total Expense Ratio – Change and Disclosure, JM Financial Mutual Fund has informed that the Base Total Expense Ratio (TER) (i.e. TER excluding additional expenses provided in Paragraph 10.1.7 of SEBI Master Circular) of JM Value Fund- Direct Plan is revised from ‘0.75’ to ‘0.83’, JM Aggressive Hybrid Fund - Direct Plan is revised from ‘0.48’ to ‘0.56’, JM Flexicap Fund - Direct Plan is revised from ‘0.37’ to ‘0.44’, JM Midcap Fund - Direct Plan is revised from ‘0.27’ to ‘0.33’, JM Small Cap Fund - Direct Plan is revised from ‘0.47’ to’ 0.54’, JM Focused Fund - Direct Plan is revised from ‘0.69’ to ‘0.65’, JM Low Duration Fund - Direct Plan is revised from ‘0.29’ to ‘0.32’ and JM Medium to Long Duration Fund - Regular Plan is revised from ‘1.01’ to ‘1.03’ & JM Medium to Long Duration Fund - Direct Plan is revised from ‘0.56’ to ‘0.50’ (the schemes/plans) with effect from November 22, 2024.
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