MUTUAL FUNDS
JM Financial AMC announces Discontinuation of Payment of Transaction Charges to Distributors
Aug-13-2025

JM Financial Asset Management (AMC) has announced addendum to the Statement of Additional Information (SAI), Scheme Information Document (SIA) & Key Information Memorandum (‘KIM’) of the schemes of JM Financial Mutual Fund.

JM Financial Mutual Fund has informed that in accordance with SEBI circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2025/115 dated August 08, 2025, with immediate effect, no transaction charges will be levied on the investment amount given by the investor for transactions / applications (including Systematic Investment Plan) received through the distributors (i.e. in Regular Plan) and full investment amount (subject to deduction of statutory charges, if any) will be invested in the Scheme. 

For existing Systematic Investment Plan(s), where one or more installments of Transaction Charges are pending to be deducted; the deduction of such pending installments shall also be discontinued with immediate effect.

In light of the above, provisions pertaining to ‘Transaction Charges’ as stated in the SID & KIM (including application forms) of the Schemes and SAI of the Mutual Fund shall suitably stand modified.

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


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