JM Financial Mutual Fund

JM Financial Asset Management Limited is an investment management company that offers portfolio management and advisory services to trusts, institutions, individuals, charitable organizations, private funds, and investment companies. It is an integrated and diversified financial services group whose primary businesses are spread over various brackets.

JM Financial Mutual Fund

The JM Financial Mutual Fund is one of the first privately-owned mutual funds companies that started operations in 1993-94. It is a subsidiary of the JM Financial Group established in 1973 when it launched its first financial company named JM Financial & Investment Consultancy Services. After a decade, in 1986, JM Share & Stock Brokers (JMSSB) was established, the precursor to JM Financial Asset Management Limited and the AMC of JM Financial Mutual Funds.

Best JM Financial Mutual Funds

Fund Name
Category
Rating
Fund Size (in Cr)
1Y Returns
3Y Returns
5Y Returns
JM Equity Hybrid Fund Hybrid - 10 10.1 22.5 11.8
JM Equity Hybrid Fund Hybrid - 10 10.1 22.5 11.8
JM Equity Hybrid Fund Hybrid - 10 10.1 22.5 11.8
JM Equity Hybrid Fund Hybrid 3 10 10.1 22.5 11.8
JM Value Fund Equity 2 162 7.9 19.9 11.9
JM Flexicap Fund Equity 3 238 11.6 19.7 14.0
JM Tax Gain Fund Equity 3 72 4.6 19.7 13.6
JM Large Cap Fund Equity 4 50 6.3 16.8 11.7
JM Focused Fund Equity 1 44 9.8 12.8 9.3
JM Low Duration Fund Debt 4 143 4.4 11.1 5.2
JM Dynamic Bond Fund Debt - 45 4.0 5.4 6.2
JM Dynamic Bond Fund Debt 4 45 4.0 5.4 6.1
JM Medium to Long Duration Fund Debt 1 21 0.8 5.1 2.7
JM Liquid Fund Debt 4 2,399 4.7 4.0 5.2
JM Overnight Fund Debt - 318 4.5 3.7 -
JM Arbitrage Fund Hybrid - 45 4.0 3.3 4.3
JM Arbitrage Fund Hybrid - 45 4.0 3.3 4.3
JM Arbitrage Fund Hybrid 1 45 4.0 3.3 4.3
JM Arbitrage Fund Hybrid - 45 4.0 3.3 4.3
JM Arbitrage Fund Hybrid - 45 4.0 3.3 4.3
JM Liquid Fund Debt - 2,399 - - -
JM Liquid Fund Debt - 2,399 - - -
JM Liquid Fund Debt - 2,399 - - -
JM Overnight Fund Debt - 318 - - -
JM Overnight Fund Debt - 318 - - -
JM Overnight Fund Debt - 318 - - -
JM Overnight Fund Debt - 318 - - -
JM Short Duration Fund Debt - 135 - - -
JM Midcap Fund Equity - - - - -

JM Financial Mutual Funds was launched on 15th September 1994. Its trustee company is JM Financial Trustee Company Private Limited. The company’s primary aim is to generate for every individual that vests trust in the company through investments in their mutual funds. It aims at building a long-term business relationship with every customer and comes as a trusted source of investment. Through integrity, teamwork, innovative approach, client focus, and adequate performance, the company intends to invest in a bouquet of mutual funds that can generate returns over different categories.

JM Financial Ltd has always acted as a prudent financial advisor to its multiple investors, including retail and institutional investors, thereby ensuring high quarterly returns on its considerable portfolio of funds through effective risk management. Flanked by a highly professional and experienced team of fund managers, the company deals in an entire gamut of mutual funds, including equity, debt, ELSS, and fixed and liquid assets. With such a proficient team, the company is sure to continue making a niche for itself in the financial sector of the Indian economy.

JM Financial AMC Ltd Key Information

Name of the Mutual Fund JM Financial Mutual Fund
Asset Management Company Name JM Financial Asset Management Company
Founded on 15th September 1994
Date of Incorporation 9th June 1994
Sponsor Name JM Financial Ltd
Trustee Name JM Financial Trustee Company Pvt. Ltd
Chairman V.P. Shetty
Managing Director & Chief Executive Officer Bhanu Katoch
CIO Mr. Saravana Kumar A
Investor Service Officer Harish Kukreja
Compliance Officer Diana D’sa

JM Financial Mutual Fund Managers

Mr. Harish C. Kukreja

An MA holder from Delhi University, and with an experience of 4 decades, Mr. Harish Kukreja is one of the masterminds behind the investments and fund handling at JM Financial Mutual Funds. He is currently the Executive Director and the Head of Investor Services, Banking Operations, and Settlements at JM Financing.

Mr. Asit Bhandarkar

An MBA in Finance from the University of Mumbai, and with experience of 15 years in the financial services industry, Asit Bhandarkar is one of the most dynamic fund managers in the industry. He currently handles 27 JM Financial Mutual Funds schemes with a cumulative AuM of Rs. 2,454 crores.

Mr. Chaitanya Choksi

With a Finance MBA degree from SVKM’s Narsee Monjee Institute of Management Studies and with a 17 years market experience, Choksi oversees 26 schemes at JM Financial Mutual Funds, having an aggregate AuM of 2,354 crores.

Mr. Vikas Agarwal

A PGDM in Finance from the International School of Business and Media, Mr. Agarwal is the key member of the Debt Fund Management team at JM Financial Mutual Fund India. 

Mr. Sanjay Chhabaria

He serves as a Fund Manager in the Equity Division of JM Financial Mutual Funds and has been associated with the company for 12 years. He holds in-depth experience of almost 2 decades in the equity research and fund management of the financial services sector in India. 

Mr. Gurvinder Singh Wasan

Working as a Senior Fund Manager & Credit Analyst at JM Financial Mutual Fund, Gurvinder Singh Wasan holds 18+ years of fixed-income market experience. He has previously served the roles of structured finance manager with a bank and a credit analyst with a mutual fund company. He has been a part of CRISIL, ICICI Bank, and Principal Asset Management Company during his career.

Ms Shalini Tibrewala

A senior fund manager at JM Financial, Shalini Tibrewala has over 19 years of experience in the financial services industry. She has been with the company for a long and is currently responsible for managing JM Money Market Fund, JM Liquid Fund, and more in the debt section.

Ms Naghma Khoja

She is a fund manager for debt funds at JM Financial and has worked in the asset management industry for five years. Before joining this AMC, she was a part of the Portfolio Management Team at Karvy Capital Limited.

How To Invest in JM Financial Mutual Funds?

Investing in JM Financial mutual funds is extremely simple and hassle-free with 5Paisa. This investing platform is one of the biggest online portals in India that provides a quick and easy way to add JM Financial and other investment options to your portfolio.

You need to follow only a few steps to get started with mutual fund investment with 5Paisa.

Step 1: To start investing in JM Financial mutual fund, visit 5Paisa.com and log in to your account. If you haven’t already registered with the platform, you can quickly create an account by clicking on this link. Registering on this platform is quite easy and quick. You can also download and install the 5Paisa app on your Android or iOS smartphone to invest from your mobile device.

Step 2: Once you log in to your account on 5Paisa, you are displayed various investment options with different payment methods and amounts. You can either pick one of these options or search for JM Financial to see the funds from this AMC.

Step 3: Explore the options from JM Financial and select the scheme that best matches your risk appetite, financial goals, and other preferences.

Step 4: After selecting your JM Financial mutual fund, you need to choose between ‘lumpsum’ and ‘SIP’. Select the option based on your requirements and proceed.

Step 5: In the next step, you need to enter the amount you want to invest in the fund. Once entered, you can click the ‘Invest Now’ button, and the platform takes you through the payment process to complete your order.

Step 6: If your ledger already has a balance, you can choose to pay for your investment through the ledger. Alternatively, the platform lets you set up an autopay mandate with UPI and net banking payment options. You can choose your preferred payment mode and go through the process.

Once the payment is completed, your JM Financial mutual fund order is placed through 5Paisa. It can take 3-4 working days to reflect the fund in your account. If you choose to invest in SIP, the investment amount is automatically deducted from your account every month.

Top 10 JM Financial Mutual Funds to Invest

Let us look at the top mutual fund investment options from JM Financial that have provided good returns to investors.

JM Equity Hybrid Fund

An ideal scheme for investors seeking regular income and capital appreciation over the long term, JM Equity Hybrid Fund invests mainly in equity and related securities along with debt and money market instruments to generate income. The open-ended hybrid scheme is an aggressive fund with good return potential and relatively high risk.

  • Category: Aggressive Funds
  • Scheme Type: Hybrid
  • NAV: 72.19 as of 25/07/2022
  • AUM: INR 9.719 crores
  • Inception Date: 01/05/1995
  • Fund Managers: Asit Bhandarkar (w.e.f Dec 2021), Chaitanya Choksi (w.e.f Aug 2021)
  • Benchmark: CRISIL Hybrid 35+65 Aggressive Index
  • SIP (Minimum Amount): INR 1000
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000
Min Investment Amt ₹5,000
AUM ₹10 Cr
1Y Returns 10.1%

JM Overnight Fund

This fund aims to provide good returns with a high level of liquidity, and low risk through a portfolio focused on overnight securities with a maturity period of one day. This scheme has a low-interest rate risk, but this reduces returns. It is an ideal choice for investors looking for short-term savings.

  • Category: Overnight Funds
  • Scheme Type: Debt
  • NAV: 1094.76 as of 25/07/2022
  • AUM: INR 104.07 crore
  • Inception Date: 03/12/2019
  • Fund Managers: Shalini Tibrewala (w.e.f Dec 2019), Naghma Khoja (w.e.f Apr 2022)
  • Benchmark: CRISIL Overnight Fund AI Index
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹318 Cr
1Y Returns 4.5%

JM Liquid Fund

An ideal scheme for investors seeking a regular income over the short term, JM Financial liquid fund aims to provide income through dividends and capital gains by investing in money market and debt securities with a maturity period of up to 91 days. This open-ended liquid scheme has moderate credit risk and low-interest rate risk.

  • Category: Liquid
  • Scheme Type: Debt
  • NAV: 59.0 as of 25/07/2022
  • AUM: INR 1920.11 crore
  • Inception Date: 31/12/1997
  • Fund Managers: Shalini Tibrewala (w.e.f Jan 2013), Naghma Khoja (w.e.f Oct 2021)
  • Benchmark: CRISIL Liquid Fund BI Index
  • SIP (Minimum Amount): INR 1000/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹2,399 Cr
1Y Returns 4.7%

JM Large Cap Fund

This is an open-ended equity fund that invests mostly in large-cap stocks to generate capital appreciation over a long term. It creates a portfolio of investments in equity and related securities as well as debt and money market instruments and benefits from trading opportunities arising from the rise in the valuation of these securities.

  • Category: Large Cap Funds
  • Scheme Type: Equity
  • NAV: 103.82 as of 25/07/2022
  • AUM: INR 45.97 crore
  • Inception Date: 01/05/1995
  • Fund Managers: Satish Ramanathan (w.e.f Aug 2021), Asit Bhandarkar (w.e.f Oct 2017)
  • Benchmark: S&P BSE 100 TRI
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹50 Cr
1Y Returns 6.3%

JM Flexicap Fund

One of the best equity funds for investors interested in generating capital appreciation over a long term, the Flexicap fund invests primarily in equity and related securities across small, mid, and large caps. This open-ended diversified mutual fund provides inflation-beating growth over investment horizons of 10-15 years.

  • Category: Flexicap Funds
  • Scheme Type: Equity
  • NAV: 55.72 as of 25/07/2022
  • AUM: INR 188.14 crore
  • Inception Date: 28/09/2008
  • Fund Managers: Satish Ramanathan (w.e.f Aug 2021), Chaitanya Choksi (w.e.f Dec 2021)
  • Benchmark: S&P BSE 500 TRI
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹238 Cr
1Y Returns 11.6%

JM Value Fund

An ideal scheme for those willing to create regular income and capital growth over the long term, the JM Value Fund achieves its objective through investments in equity and related instruments. It is an open-ended equity fund that identifies undervalued securities with the potential to produce risk-adjusted returns over time.

  • Category: Value Funds
  • Scheme Type: Equity
  • NAV: 52.69 as of 25/07/2022
  • AUM: INR 141.78 crore
  • Inception Date: 02/06/1997
  • Fund Managers: Satish Ramanathan (w.e.f Aug 2021), Asit Bhandarkar (w.e.f Dec 2006)
  • Benchmark: S&P BSE 500 TRI
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹162 Cr
1Y Returns 7.9%

JM Dynamic Bond Fund

This open-ended dynamic debt fund invests across duration to generate regular income for investors over short to long term. It aims to benefit through an actively managed portfolio of high-quality money market and debt securities for liquidity and returns. It uses an investment strategy of allocating funds across instruments of varying maturities to result in a high portfolio turnover.

  • Category: Dynamic Funds
  • Scheme Type: Debt
  • NAV: 35.62 as of 25/06/2003
  • AUM: INR 49.63 crore
  • Inception Date: 02/06/1997
  • Fund Managers: Prashant Pimple (w.e.f Dec 2021), Gurvinder Singh Wasan (w.e.f Apr 2022)
  • Benchmark: CRISIL Dynamic Bond Fund Bill Index
  • SIP (Minimum Amount): INR 1000/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹45 Cr
1Y Returns 4.0%

JM Tax Gain Fund

A good mutual fund for investors looking to see capital appreciation over the long term, the Tax Gain fund focuses on investing largely in equity and related securities to facilitate tax deduction from time to time. It aims to generate long-term capital growth from an actively managed, diversified portfolio and has a lock-in period of three years.

  • Category: ELSS
  • Scheme Type: Equity
  • NAV: 29.83 as of 25/07/2022
  • AUM: INR 60.93 crore
  • Inception Date: 31/03/2008
  • Fund Managers: Chaitanya Choksi (w.e.f Jul 2014), Asit Bhandarkar (w.e.f Dec 2021)
  • Benchmark: S&P BSE 500 TRI
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 500/-
Min Investment Amt ₹500
AUM ₹72 Cr
1Y Returns 4.6%

JM Low Duration Fund

This scheme is perfect for investors interested in creating regular income over a short duration. It is an open-ended debt scheme that puts money in securities to have a Macaulay portfolio duration between 6-12 months. The fund aims to create stable long-term returns with capital appreciation and low risk through investing in debt securities.

  • Category: Low Duration
  • Scheme Type: Debt
  • NAV: 30.94 as of 25/07/2022
  • AUM: INR 142.18 crore
  • Inception Date: 27/09/2006
  • Fund Managers: Shalini Tibrewala (w.e.f Aug 2021), Gurvinder Singh Wasan (w.e.f Apr 2022)
  • Benchmark: CRISIL Low Duration Fund BI Index
  • SIP (Minimum Amount): INR 1000/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹143 Cr
1Y Returns 4.4%

JM Arbitrage Fund

This mutual fund is suitable for those who want regular income over the medium term. It is an open-ended scheme that provides a combination of equity and debt. It aims to generate income through arbitrage opportunities emerging from mispricing between derivatives and cash markets and by deploying surplus cash in fixed-income instruments.

  • Category: Arbitrage Funds
  • Scheme Type: Hybrid
  • NAV: 28.32 as of 25/07/2022
  • AUM: INR 48.30 crore
  • Inception Date: 18/06/2006
  • Fund Managers: Sanjay Chhabaria, Asit Bhandarkar, Chaitanya Choksi
  • Benchmark: NIFTY 50 Arbitrage Index
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹45 Cr
1Y Returns 4.0%

Frequently Asked Questions

Established in 1994, JM mutual fund is a part of JM Financial Group, one of the most reputed finance groups in the country. It strives to generate consistent returns for investors through risk management and portfolio strategies, helping them achieve their financial goals.

Investing in JM Financial mutual fund SIP is easy and hassle-free with 5Paisa. Alternatively, you can invest through the fund house’s official website. You can also use any other online investing platform or mobile application to invest in JM Financial mutual funds.

To calculate the amount of SIP for JM Financial mutual fund, you should consider factors like the SIP tenure, the investment amount, expected rate of interest, and the number of SIPs of JM Financial already paid, if any.

Yes, it is possible to increase the SIP of JM Financial mutual fund with the help of top-up or step-up SIPs. This facility was earlier provided by a few fund houses only but is currently available with most of them.

It is, however, recommended that you first check with the fund house. If it offers, you can use the Step-up calculator tool to calculate the SIP amount before proceeding.

You can withdraw your investment in JM Financial mutual fund online and offline. To do it offline, you can visit the nearest branch of the fund house in person and submit a request.

Alternatively, you can visit the website of JM Financial and redeem the investment by signing in with the folio number. You can even withdraw your JM Financial mutual fund investment from any online portal like 5Paisa from where you have invested.

You can stop your JM Financial mutual fund SIP anytime by submitting a Cancel SIP request. To stop the SIP, you can either contact your advisor or sign in with your folio number on the official website of the fund house. You can also do this from an investing platform or mobile application like 5Paisa.

No, you don’t require having a DEMAT account to invest in JM Financial mutual funds. It is easy to invest in mutual funds through 5Paisa’s trading app. You simply need to download and install the app and open a mutual fund account to start investing in mutual funds.

5Paisa lets you invest in JM Financial and other options at zero commission. Moreover, investing with this online platform is safe and hassle-free and provides other benefits like transparency on liquidity, professional management, a wide range of investment options, along with minimum starting point of just INR 100.

JM Financial offers a wide range of mutual fund schemes across categories to suit the needs and preferences of varied investors. Each scheme has its investment horizon, risk exposure, and return potential. The ideal scheme is the one that suits your risk appetite and financial goals.

The amount you should invest in JM Financial mutual fund depends on the scheme’s tenure and the risk involved. Depending on your financial goals and risk tolerance, you must analyze these aspects to figure out the right amount for your investment.

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