MUTUAL FUNDS
JM Financial Asset Management Company (AMC) announces Change in Base TER of certain Schemes
Jun-22-2024

In accordance with Paragraph 10.1.8 of SEBI Master Circular SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023 (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 Flexicap Fund- Direct Plan is revised from ‘0.32’ to ‘0.37’, JM Midcap Fund - Direct Plan is revised from ‘0.25’ to ‘0.30’, JM Value Fund - Direct Plan is revised from ‘0.80’ to’ 0.83’ and JM Focused Fund - Direct Plan is revised from ‘0.77’ to ‘0.85’ with effect from June 28, 2024.


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