JM Financial MF announces Change in Expense Ratio
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JM Financial Mutual Fund (MF) has announced, 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, 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 the schemes/plan with effect from 27th July 2022. The AMC has attached change in Base Total Expense Ratio of the schemes.
The above shall form part of all the SIDs and KIMs of the Schemes of JM Financial MF. All the other provisions relating to the Schemes as mentioned in their respective SID and KIM shall remain unchanged.
