09-01-2022 03:33 PM | Source: Accord Fintech
JM Financial AMC informs about reopening for subscriptions in Short Duration Fund
News By Tags | #7828 #392 #6258

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

JM Financial Asset Management Company (AMC) has informed about reopening for subscriptions in JM Short Duration Fund (the Scheme), an open-ended short duration debt scheme investing in instruments such that the Macaulay duration# of the portfolio is between 1 year and 3 years with a moderate interest rate risk and moderate credit risk. The scheme will reopen for financial transactions viz fresh subscription, additional subscription, switch-in, Systematic Investment Plan (SIP) registration Systematic Transfer Plan (STP) etc. with effect from September 1, 2022.

All the other terms and conditions of SAI of the Schemes of the Fund will remain unchanged.