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JM Financial Asset Management Company has announced addendum to the Statement of Additional Information (SAI), Scheme Information Document (SID) and Key Information Memorandum (KIM) of the Schemes of JM Financial Mutual Fund.

JM Financial Mutual Fund has informed that, Gurvinder Singh Wasan, Senior Fund Manager and Credit Analyst, has resigned from the services of the AMC from the close of business hours on Thursday, October 03, 2024. Consequently, he ceases to be the Fund Manager and Key Personnel of the AMC.

Consequent to resignation of Mr Singh, the Fund Management responsibilities of JM Flexicap Fund, JM Large Cap Fund, JM Value Fund, JM Focused Fund, JM ELSS Tax Saver Fund, JM Aggressive Hybrid Fund, JM Arbitrage Fund, JM Midcap Fund and JM Small Cap Fund (the schemes) of JM Financial Mutual Fund, currently managed by Gurvinder Singh Wasan (Debt Portion) (Co-Fund Manager) will be managed by New Co-Fund Manager Ruchi Fozdar (Debt Portion) with effect from October 04, 2024. Apart from the above there is no other change in the Existing Fund Manager and Co-Fund Managers of the aforementioned Schemes.

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