JM Financial AMC announces change in Base TER
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In accordance with SEBI Circular no. SEBI/HO/IMD/DF2/CIR/P/ 2018/18 dated February 05, 2018 and SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2018/91 dated June 05, 2018 on Change and Disclosure of Total Expense Ratio (TER) for Mutual Funds, JM Financial Asset Management Company (AMC) has informed that the Base Total Expense Ratio (TER) (i.e. TER excluding additional expenses provided in Regulations 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996) of JM Equity Hybrid Fund-Regular Plan (scheme/plan) is revised from 2.24 to 2.25, JM Equity Hybrid Fund-Direct Plan from 1.20 to 1.11 and JM Flexicap Fund-Direct Plan is revised from 1.25 to 1.15 with effect from June 30, 2023.
Investors may also visit its website, www.jmfinancialmf.com for disclosure(s) relating to TER appearing under Downloads>>Disclosures>>Total Expense Ratio. The Base TER mentioned above is exclusive of statutory levies, if applicable.
