Dear Distributors,

Sub: Unified AMFI Guidelines for AMFI REGISTERED MUTUAL FUND ADVISOR (ARMFA).

We refer to AMFI Circular No.CIR/ARN-13/11-12 dated October 14, 2011 (the "Circular") on Suspension of Payment of Commission, which is self explanatory and available for your ready reference under the Distributor Related Forms head of this section (i.e. Distributors Corner).

We therefore, request you to strictly comply with the guidelines regarding the registration/empanelment for AMFI REGISTERED MUTUAL FUND ADVISOR (ARMFA) and take note of the clarifications/modifications conveyed vide the said circular.

Thank you,

Yours faithfully,
JM Financial Asset Management Ltd.