MUTUAL FUNDS
JM Financial AMC announces Change in Annual Scheme Recurring Expenses
Mar-30-2026

JM Financial Asset Management (AMC) has announced addendum to the scheme information document (‘SID’) & key information memorandum (‘KIM’) of the schemes of JM financial Mutual Fund.

JM Financial Mutual Fund has informed that, pursuant to Securities and Exchange Board of India (Mutual Funds) Regulations, 2026 (the ‘Regulations’), the limits for expense ratio for all the Schemes of the Mutual Fund have been revised. 

With respect to the above, the provisions under Section ‘C. ANNUAL SCHEME RECURRING EXPENSES’ of ‘PART III- OTHER DETAILS’ of ‘SECTION I’ of the SID and in the section ‘Expenses of the Scheme - Recurring Expenses’ in the KIM with regards to the Base Expense Ratio (BER) of the Schemes, whether initially borne by the Mutual Fund or by the AMC, but including the investment management and advisory fee shall not exceed the following limits. 

Further, necessary modifications shall be made in the SID and KIM of the Schemes of the Mutual Fund. The said provisions shall come into effect from April 01, 2026. 

This Notice-cum-Addendum forms an integral part of SID and KIM of the Schemes of the Mutual Fund, as amended from time to time. All the other terms and conditions of the SID and KIM of the Schemes of the Mutual Fund will remain unchanged.

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