2024-03-01 03:04:44 pm | Source: Accord Fintech
JM Financial Asset Management announces change in Base TER of various schemes
In accordance with Paragraph 10.1.8 of Master Circular for Mutual Funds dated May 19, 2023 on Total Expense Ratio – Change and Disclosure, JM Financial Mutual Fund has informed that 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 JM Low Duration Fund- Regular Plan & Direct Plan, JM Value Fund - Direct Plan and JM Focused Fund - Direct Plan (schemes/plans) will change with effect from March 7, 2024.
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