Description
JM Large and Midcap Fund reopened for ongoing subscription, redemption, SIP, STP & SWP transactions on BSE StAR MF Platform effective July 30, 2025.
Summary
JM Large and Midcap Fund has been reopened for ongoing transactions on BSE StAR MF Platform effective July 30, 2025. The fund offers subscription, redemption, SIP, STP, and SWP facilities across six scheme variants including regular and direct plans with growth and dividend options.
Key Points
- Fund reopened after previous closure (referenced notice 20250703-30)
- Six scheme variants available: Regular/Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options
- All schemes categorized as EQUITY funds
- STP facility available with specific investment amount ranges and minimum installment requirements
- Monthly/Weekly STP frequency options with varying minimum installment numbers
Regulatory Changes
No regulatory changes - operational resumption notice.
Compliance Requirements
- Members must ensure SIP and ASTP registrations follow minimum installment requirements:
- Rs. 500-999: Minimum 12 installments for Monthly/Weekly frequency
- Rs. 1,000 and above: Minimum 6 installments for Monthly/Weekly frequency
- Compliance with specified investment ranges to avoid rejections from AMC/RTA
Important Dates
- July 30, 2025: Effective date for fund availability on BSE StAR MF Platform
- July 29, 2025: Notice date
Impact Assessment
Limited impact - routine operational matter affecting only JM Large and Midcap Fund investors and BSE StAR MF Platform users. Provides additional investment options for equity fund investors seeking large and midcap exposure through systematic investment plans.
Impact Justification
Routine operational notice about mutual fund availability on platform - limited market-wide impact