JM Financial Asset Management Company (AMC) announces change in Base TER of certain Schemes

2025-02-28 04:00:12 pm | Source: Accord Fintech

JM Financial Asset Management Company (AMC) announces change in Base TER of certain Schemes

News By Tags | #MutualFund #JMFinancialAssetManagementLimited

In accordance with Paragraph 10.1.8 of SEBI Master Circular SEBI/HO/IMD/ IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024 (referred as ‘SEBI Master Circular’) 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 Paragraph 10.1.7 of SEBI Master Circular) of JM Value Fund - Direct Plan is revised from ‘0.87’ to ‘0.76’, JM Focused Fund - Direct Plan is revised from ‘0.65’ to ‘0.62’, JM ELSS Tax Saver Fund - Direct Plan is revised from ‘1.12’ to ‘0.90’ and JM Aggressive Hybrid Fund - Direct Plan revised from ‘0.59’ to ‘0.56’ (the schemes/plans) with effect from March 05, 2025.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

JM Financial Asset Management Company (AMC) announces change in Base TER of certain Schemes

Top News

Tag News

More News