JM Financial MF Launches New Fixed Maturity Fund

Name of Fund: JM Fixed Maturity Fund-Series VI- Quarterly Plan 4

Scheme: Close end income scheme.

Objective: The investment objective of the scheme is to generate returns through investments in fixed income securities normally maturing in line with the time profile of the respective plans.

Asset Allocation: The fund will invest 65%-100% in short term debt securities including fixed income derivatives and securitised debt and money market instruments. The scheme will invest 0%-35% in government securities with low risk profile. The investment in securitised debt will not exceed 80% of the net asset of the plan.

Fund Opens: 16 November 2007

Fund Closes: 21 November 2007

Face Value: Rs 10.

Investment Options: The scheme has two plans regular plan and institutional plan and each plan has two options growth option and dividend option. The dividend option offers dividend payout or dividend re-investment facility.

Entry Load: There will no entry load charged for the scheme due to its close-ended structure.

Exit Load: The scheme charges an exit load of 1.00%.

Minimum Investment Amount: The minimum investment amount under regular plan will be Rs. 5,000/- and in multiples of Re. 1/- thereafter. The investment under institutional plan will be of Rs.5 lakh and in multiples of Re. 1/- thereafter.

Fund Manager: Ms. Shalini Tibrewala