JM Financial Mutual Fund

JM Financial Limited (JM Financial) is the Sole Sponsor of the JM Financial Mutual Fund. JM Financial is currently a holding company of JM Financial Asset Management Limited. J.M. Financial and Investment Consultancy Services Private Limited, the former sponsor of the JM Financial Mutual Fund, is one of the promoters of JM Financial.

JM Financial Trustee Company Pvt. Ltd appointed JM Financial Asset Management Ltd. as the Asset Management Company of JM Financial Mutual Fund vide the Investment Management Agreement (IMA) dated September 1, 1994, executed between JM Financial Trustee Company Pvt. Ltd and JM Financial Asset Management Ltd. JM Financial Asset Management has over 16,000 distributors across India, covering multiple locations. This business offers around 15 schemes across the entire risk-return spectrum to lakhs of institutional and individual investor folios.

Overview of JM Financial Limited

JM Financial Limited (JM Financial), founded in 1973, is the flagship listed company of the JM Financial Group. Mr. Nimesh Kampani is the founder and chairman of JM Financial Group, one of India’s leading players in the financial services groups. JM Financial is an operating cum holding company. It is engaged in several independent financial services businesses through its subsidiary and associate companies, forming a well-diversified yet integrated financial services group, JM Financial. 

JM Financial holds investments in its subsidiaries engaged in various businesses, namely, non-banking financial services, asset reconstruction, equity research, equity brokering to institutional and non-institutional investors, mutual funds asset management, wealth management advisory, etc.

Key Information About JM Financial Mutual Fund

How to Invest in the JM Financial Mutual Fund

Investing in the best JM Financial Mutual Funds can be a complex process. To make it easier, here is a step-by-step guide:

1. Choose Your Mutual Fund Type

According to your risk tolerance (low, mid, or high) and financial goals, choose your mutual types, such as equity, debt, hybrid, index, and sector funds.

2. Select a Mutual Fund Scheme

After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred JM Financial Mutual Fund.

3. Login or Open a Demat Account

Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.

4. Complete KYC (Know Your Customer) Requirements

The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the instructions in the app to complete this step smoothly.

5. Select Investment Mode (SIP or lumpsum)

If you prefer regular, disciplined investing, you can set-up a systematic investment plan (SIP), which is periodic (monthly, quarterly, etc.). Alternatively, if you have a large amount to invest, you can make a lump-sum investment. Select the investment period of your choice.

6. Confirm and Track Your Investment

After setting up your investment, sit back and watch your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.

List of Best JM Financial Mutual Funds in India

Here is the list of some of the best JM Financial Mutual Funds in India:

* All data as of 31st Jan, 2025

Detailed Overview of JM Financial Mutual Fund Schemes

Now, let’s discuss these 10 JM Financial Mutual Fund schemes in detail:

1. JM Flexicap Fund - Regular Plan-Growth

JM Flexicap Fund is an open-ended equity fund that strives to provide capital appreciation by investing primarily in equity-related securities of various market capitalisations. 

• Fund Performance: The fund's annualized returns for the past three and five years have been around 22.9% and 22.4%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹18,574. 

• Minimum Investment Amount: The minimum lump sum for the JM Flexicap Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100.

2. JM Value Fund - Regular Plan-Growth

JM Value Fund is an open-ended equity scheme that strives to provide long-term capital growth by investing predominantly in a well-diversified portfolio of undervalued securities. 

• Fund Performance: The fund's annualized returns for the past three and five years have been around 22.0% and 22.2%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹18,155. 

• Minimum Investment Amount: The minimum lump sum for the JM Value Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100.

3. JM Overnight Fund - Regular Plan-Growth

JM Overnight Fund is an open-ended debt scheme investing in overnight securities. The scheme’s objective is to provide reasonable returns proportional to low risk and a high level of liquidity through investments made primarily in overnight securities with a maturity of 1 business day.

• Fund Performance: The fund's annualized returns for the past three and five years have been around 6.0% and 4.9%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹11,912. 

• Minimum Investment Amount: The minimum lump sum for the JM Overnight Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100.

4. JM Aggressive Hybrid Fund - Regular Plan-Growth

JM Aggressive Hybrid Fund is an open-ended hybrid scheme investing predominantly in equity and equity-related instruments to generate steady current income as well as long-term growth of capital.

• Fund Performance: The fund's annualized returns for the past three and five years have been around 19.5% and 22.8%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹17,065. 

• Minimum Investment Amount: The minimum lump sum for the JM Aggressive Hybrid Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100. 

5. JM Liquid Fund - Regular Plan-Growth

JM Liquid Fund is an open-ended liquid scheme with a relatively low interest rate and moderate credit risk. The scheme aims to provide income through dividends and capital gains through investing in money market instruments and debt with a maturity of up to 91 days.

• Fund Performance: The fund's annualized returns for the past three and five years have been around 6.4% and 5.3%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,061. 

• Minimum Investment Amount: The minimum lump sum for the JM Liquid Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100.

6. JM Focused Fund - Regular Plan-Growth

JM Focused Fund is an open-ended equity scheme investing in a maximum of 30 stocks of large-cap, mid-cap and small-cap companies. It is suitable for investors aiming for long-term capital appreciation.

• Fund Performance: The fund's annualized returns for the past three and five years have been around 17.7% and 15.0%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16,308. 

• Minimum Investment Amount: The minimum lump sum for the JM Focused Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100.

7. JM Dynamic Bond Fund - Regular Plan-Growth

JM Dynamic Bond Fund is an open-ended dynamic debt scheme that invests across durations. The fund aims to actively handle a portfolio of good quality debt and money market securities to provide reasonable returns and liquidity to the Unitholders.

• Fund Performance: The fund's annualized returns for the past three and five years have been around 6.3% and 5.8%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,003. 

• Minimum Investment Amount: The minimum lump sum for the JM Dynamic Bond Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100.

8.  JM ELSS Tax Saver Fund - Regular Plan-Growth

JM ELSS Tax Saver Fund is an open-ended equity-linked saving scheme with a statutory lock-in of 3 years and tax benefit to generate long-term capital growth. 

• Fund Performance: The fund's annualized returns for the past three and five years have been around 17.3% and 19.7%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16,143. 

• Minimum Investment Amount: The minimum lump sum for the JM ELSS Tax Saver Fund is ₹500; for Min Add Lumpsum, it is ₹500; for SIP, it is ₹500.

9. JM Medium to Long Duration Fund - Regular Plan-Growth

JM Medium to Long Duration Fund is an open-ended medium-term debt scheme investing in debt instruments such that the portfolio’s Macaulay duration is between 4-7 years. It has a relatively high interest rate and moderate credit risk.

• Fund Performance: The fund's annualized returns for the past three and five years have been around 5.4% and 5.5%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹11,721. 

• Minimum Investment Amount: The minimum lump sum for the JM Medium to Long Duration Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100.

10. JM Arbitrage Fund - Regular Plan-Growth

JM Arbitrage Fund is an open-ended hybrid scheme investing in arbitrage opportunities emerging from mispricing between the cash and derivatives markets and deploying surplus cash in fixed-income instruments.  

• Fund Performance: The fund's annualized returns for the past three and five years have been around 6.0% and 4.6%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹11,919. 

• Minimum Investment Amount: The minimum lump sum for the JM Arbitrage Fund is ₹1000; for Min Add Lumpsum, it is ₹100; for SIP, it is ₹100.

Top Fund Managers

Below is the list of people who have made JM Financial Mutual Fund Investment a standout choice in a highly competitive market.

1. Mr. Satish Ramanathan

Mr. Satish Ramanathan is the Equity Chief Investment Officer at JM Financial Asset Management Limited. He has rich and varied experience of around 3 decades and joins the AMC from Tattva Capital, his entrepreneurial endeavour. He started his career with TATA Economic Consultancy Services in 1992 and worked with ICICI Securities, Sundaram AMC, and Franklin Templeton AMC.

2. Mr. Asit Bhandarkar

Mr. Asit Bhandarkar has more than 16 years of experience in equity research and fund management. He is a senior equity Fund Manager at JM Financial Asset Management Limited. He previously worked with Lotus India Asset Management Company Pvt. Ltd., SBI Funds Management Pvt. Ltd., Jet Age Securities, and Sushil Finance Consultants. He manages the JM Arbitrage Fund, JM Large Cap Fund, JM Value Fund, and JM Core 11 Fund.

3. Ms. Ruchi Fozdar

Ms. Ruchi is a debt dealer at JM Financial Asset Management Limited. She has over 10 years of experience in the fixed-income market. She has dealt with many brokers and institutions, such as Mahindra Manulife Mutual Fund and Reliance Life Insurance Co. Limited.

4. Mr. Chaitanya Choksi

Mr. Chaitanya Choksi has been associated with JM Financial Asset Management Limited since 2008. He has around 15 years of experience in equity research and capital markets. Previously, he worked with Lotus AMC, Chanrai Finance Private Limited, IL &FS Investsmart, and UTI Investment Advisory Services Ltd. He is the equity fund manager for the JM Arbitrage Fund, JM Tax Gain Fund, JM Core 11 Fund, and JM Large Cap Fund.

5. Ms. Naghma Khoja

Ms. Naghma Khoja has over 5 years of experience in the asset management industry. She is currently a debt fund manager at JM Financial Asset Management Limited. Previously, she was associated with Karvy Capital Limited in the Portfolio Management team.