JM Financial Mutual Fund announced Merger of schemes
Aug 13 2019
News Category: AMC Specific Updates
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JM Financial Mutual Fund announced that the Board of Directors of JM Financial Asset Management Limited and JM Financial Trustee Company Private Limited have decided to merge JM G-Sec Fund, the merging scheme, into JM Income Fund, the surviving scheme. This is being done in the interest of the unit holders to benefit from improved economies of scale, which will help in better efficiency in management.

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