JM Financial AMC announces change in name of JM Equity Hybrid Fund
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JM Financial Asset Management (AMC) has announced addendum to the Scheme Information Document (‘SID’) / Key Information Memorandum (‘KIM’) of JM Equity Hybrid Fund.
JM Financial has informed that in order to align the nomenclature of JM Equity Hybrid Fund (an open ended hybrid scheme investing predominantly in equity and equity related instruments) as per the applicable category of the scheme in terms of para 2.6 of ‘Part IV – Categorization and rationalization of mutual fund schemes’ of SEBI Master Circular dated May 19, 2023, the Boards of JM Financial Asset Management (the AMC) and JM Financial Trustee Company (Trustee Company) have decided to revise the name of ‘JM Equity Hybrid Fund’ to ‘JM Aggressive Hybrid Fund’ with effect from November 16, 2023.The AMC has received no-objection from SEBI vide its email dated November 8, 2023 for the above change.
Accordingly, all references to the existing name of the Scheme wherever appearing in the SID and KIM shall be replaced with the revised name mentioned above. All other terms and conditions of the SID and KIM of the Scheme will remain unchanged.
