JM Financial AMC introduces facility for transfer of units held in SOA mode for NRI
JM Financial Asset Management Company has announced addendum to the Statement of Additional Information (‘SID’) of the Schemes and Statement of Additional Information (‘SAI’) of JM Financial Mutual Fund.
JM Financial Mutual Fund has informed that pursuant to AMFI Best Practices Guidelines Circular No.116/ 2024-25 dated August 14, 2024, JM Financial Asset Management (AMC) had introduced the facility for transfer of units held in Statement of Account (SOA) mode for specified categories of investors vide its Notice-cum-addendum REF No. 36/2024-25, dated November 14, 2024.
In this regard, the AMC has informed that in terms of AMFI Best Practices Guidelines Circular No. 119/2025-26, dated May 08, 2025, it has decided to extend the said facility for transfer of units held in SOA mode for Resident/ Resident/Non-Resident Individual (NRI) category with effect from May 19, 2025.
The procedure, pre-requisites, mode of submitting transfers, etc. for Resident/NRI category remains same as per the Notice-cum-addendum REF No. 36/2024-25, dated November 14, 2024, issued by the AMC. The said addendum is uploaded on the website of the AMC: www.jmfinancialmf.com and appended.
This Notice-cum-Addendum forms an integral part of SID of the Schemes and SAI of the Mutual Fund, as amended from time to time. All the other terms and conditions of the SID of the Schemes and SAI of the Mutual Fund will remain unchanged.
