MUTUAL FUNDS
JM Mutual Fund files offer document for Large & Mid Cap Fund
May-21-2025

JM Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘JM Large & Mid Cap Fund'. The New Fund Offer price will be Rs 10 each. Entry load will be nil and Exit load In respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 180 days from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 180 days from the date of allotment. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against Nifty Large Midcap 250 TRI. The minimum application amount is 1000 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to seek long term capital growth through investments in equity and equity related securities of predominantly large cap and mid cap stocks.


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