Description
JM Large and Midcap Fund has been reopened for ongoing subscription and redemption with SIP, STP & SWP facility on BSE StAR MF Platform effective July 30, 2025.
Summary
JM Large and Midcap Fund has been reopened for ongoing subscription and redemption transactions on BSE StAR MF Platform effective July 30, 2025. The fund was previously closed as per Notice No. 20250703-30 and now offers full facilities including SIP, STP, and SWP transactions.
Key Points
- JM Large and Midcap Fund reopened for ongoing transactions effective July 30, 2025
- All six plan variants (Regular/Direct plans with Growth/IDCW Reinvestment/IDCW Payout options) are available
- SIP, STP, and SWP facilities are now active
- Specific STP investment amount ranges and minimum installment requirements apply
- Members must follow minimum installment numbers to avoid AMC/RTA rejections
Regulatory Changes
No regulatory changes - this is an operational update regarding fund availability.
Compliance Requirements
- Members must adhere to STP investment amount ranges and minimum installment requirements
- For STP amounts Rs. 500-999: minimum 12 installments required
- For STP amounts Rs. 1,000 and above: minimum 6 installments required
- SIP and ASTP registrations must comply with minimum installment numbers based on investment amount
Important Dates
- July 30, 2025: Effective date for fund reopening and availability of all facilities
Impact Assessment
Low impact operational update that provides additional investment options for mutual fund investors on BSE StAR MF Platform. The reopening expands available investment choices but does not affect market operations or create compliance burdens beyond following specified STP requirements.
Impact Justification
Routine reopening of mutual fund schemes for trading with specific operational requirements