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JM Balanced Fund announces dividend at Rs. 2.25 per unit

JM Financial Mutual Fund has announced dividend under the dividend option of JM Balanced Fund - Direct Plan. The quantum of dividend shall be ₹2.25 per unit.

The record date has been fixed as June 16, 2016.

The Fund House has also introduced National Automated Clearing House (NACH) facility in place of Electronic Clearing System (ECS). Also. the payment facility for SIPs through post dated cheques has been withdrawn with immediate effect.