MUTUAL FUNDS
JM Financial AMC announces change in Key Personnel
Aug-20-2025

JM Financial Asset Management (AMC) has announced addendum to the Statement of Additional Information (SAI) of JM Financial Mutual Fund.

JM Financial Mutual Fund has informed that, Pranav Vajir, Chief Risk Officer, has been designated as Key Personnel of JM Financial Asset Management (‘the AMC’) with effect from August 19, 2025. Accordingly, following details pertaining to Pranav Vajir shall be incorporated in the SAI under the para titled ‘Information on Key Personnel’: Pranav Vajir (44 years old), is an MMS in Finance, a qualified CFA and has cleared Part I of the FRM certification. He has more than 17 years of diversified work experience in areas of Risk Management, Risk Advisory, Internal Audits and Operations across top Companies in BFSI sector. Vajir has experience in review and overall development and implementation of Risk Management framework, process etc. and monitoring of risk and reporting. Prior to joining the AMC, he was working with Ernst & Young (EY) and has handled various assignments of Internal audits / Risk Advisory for Global and Indian Clients.

The AMC has further informed that Shahzad Bemani has ceased to be Key personnel of the AMC with effect from close of business hours of August 12, 2025.

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


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