JM Financial Mutual Funds

Overview: JM Financial Asset Management Company

JM Financial Asset Management Company, established in 1994, manages the mutual fund schemes of JM Mutual Fund. It aims to generate high returns, with effective risk management in all product categories and across various asset classes.

Funds offered by JM Financial Asset Management Company

Since its launch two decades ago, with just three funds, the AMC has managed to gain a significant investor base. Currently, it has 15 mutual fund schemes under its management.

Bhanu Katoch, CEO of JM Financial AMC has excellent leadership skills coupled with profound financial knowledge. His expertise has greatly helped investors in realizing their financial goals and earning quality returns on their investment.

JM Financial Equity Mutual Funds

With the idea of generating higher returns, JM Financial Equity Mutual Funds invest in the shares of companies with different market capitalizations. Depending upon the changing market movements in order to generate maximum returns, these funds invest at least 60% in equity and the remaining in debt securities.

Here is the list of a few Equity mutual funds by JM Financial Asset Management Company

Fund Name	3 Year (%)	5 Year (%)	NAV	Fund Size (Cr)
JM Core 11 Fund	6.21	9.43	8.34	50.88
JM Large Cap Fund	7.42	8.02	71.61	2197.71
JM Multicap Fund	11.34	13.81	36.12	2015.28
JM Tax Gain Fund	11.63	13.65	19.26	32.67

JM Financial Debt Mutual Funds

Debt Mutual Funds offered by JM Financial Asset Management Company invest in fixed-interest generating securities like corporate bonds, government securities, treasury bills, commercial paper, and other money market instruments. These funds offer the benefits of interest income and capital appreciation.

Given below is a list of a few Debt Mutual Funds that you may invest in-

Fund Name	3 Year (%)	5 Year (%)	NAV	Fund Size (Cr)
JM Income Fund	3.08	5.52	50.52	22.63
JM Liquid Fund	7.12	7.61	53.05	2113.04
JM Low Duration Fund
JM Money Market Fund	6.88	7.49	15.36	22.93
JM Short Term Fund	3.93	6.04	25.49	46.27

JM Financial Hybrid Mutual Funds

JM Financial AMC’s Hybrid Mutual Funds invest in both equity and debt securities. Depending upon the risk preference and investment objective, you may choose the fund you wish to invest in.

Here is a list of Hybrid Mutual Funds that you may consider-

Fund Name	3 Year (%)	5 Year (%)	NAV	Fund Size (Cr)
JM Arbitrage Fund	5.97	6.59	25.88	73.18
JM Equity Hybrid Fund	1.42	3.39	42.62	30.74

How to Invest in JM Financial Mutual Funds via Paisabazaar.com?

Step 1: On Paisabazaar.com, select the ‘Mutual Fund’ option.
Step 2: If you are a registered user, log in to the platform using your mobile number and password/OTP. Or create a new account.
Step 3: Choose ‘Invest’ > ‘Explore All Funds’ on the left sidebar.
Step 4: Select the JM Financial Mutual Fund of your choice. Now, all the details of the fund including NAV, risk level, etc. will appear.
Step 5: Enter the amount you wish to invest, select the investment type – SIP or Lumpsum, and click on the ‘Confirm & add to cart’ option.
Step 6: You can complete the payment using net banking of major Indian banks.

The mutual fund units will be allotted to you within 5 working days. If you’re not  KYC Compliant, you will need to complete your KYC before investing in mutual fund schemes.

How to Complete Your KYC Check for JM Financial Mutual Funds

KYC (Know Your Customer) is a one-time customer identification process and a mandatory compliance requirement for investors who wish to invest in mutual funds. It has been made compulsory by the capital markets regulator SEBI (Securities and Exchange Board of India) for mutual fund investments in order to curb fraudulent activities.

If you’re a first time customer, you need to get your KYC Check before investing in Mutual Funds.

The KYC Process can be initiated and completed with any of the following SEBI-registered intermediaries:

1. The Fund House (Asset Management Company)
2. KYC Registration Agency (KRA) such as CAMS, Karvy, CSDL (Central Depository Services Limited) Ventures, NSDL (National Securities Depository Limited) and NSE-owned (National Stock Exchange) DotEx International Limited

To complete your KYC online, follow these steps-

Step 1: Visit the website of a fund house or any of the above-mentioned KRA’s website and create an investor account by filling in your personal details and your Aadhaar-linked mobile number so that you can verify the account using that OTP.

Step 2: Upload self-attested copies of your Identity Proof and Address Proof.

That’s all. Your eKYC process is done!

Documents Required for Mutual Fund Investment

Here is a list of official documents required to validate the identity and address of an investor-

1.  Identity Proof 

• Aadhaar Card
• PAN Card
• Passport
• Driving License

2. Address Proof

• Aadhar Card
• Driving License
• Passport
• Recent Utility Bill
• Rental/Lease Agreement

Fund Managers of JM Financial Asset Mutual Fund

• Mr. Bhanu Katoch

Mr. Bhanu Katoch has been working as the Chief Executive Officer with JM Financial Asset Management Ltd. for over 13 years now. He focuses on building a deep understanding of the company’s business. Over the years, Mr. Bhanu has gained leadership experience in various segments including Mutual Funds, Insurance, and Telecom.

• Mr. Asit Bhandarkar

With an experience of more than 16 years in equity research and fund management, Mr. Asit Bhandarkar is currently working JM Financial Asset Management Company as the Equity Fund Manager. He was previously working with Lotus India Asset Management Pvt. Ltd.

• Mr. Sanjay Chhabaria

Prior to working as an Equity Fund Manager with JM Financial Asset Management Company, Mr. Sanjay Chhabaria was working with Lotus India AMC. He has around 18 years of professional experience in managing funds and brings along a lot of expertise and exposure.

• Mr. Chaitanya Choksi

The Equity Fund Manager at JM Financial AMC, Mr. Chaitanya Choksi was previously working with Lotus AMC. He has around 15 years of experience in the field of equity research and capital markets.

• Ms. Shalini Tibrewala

With over 19 years of work experience in the financial services sector, Ms. Shalini Tibrewala is currently working as the Debt Fund Manager with JM Financial Asset Management Company. Ms. Shalini has been working with JM Financial AMC since the beginning of her career and manages the JM Liquid Fund and JM Money Market Fund.

Frequently Asked Questions 

Q. What is an Asset Management Company (AMC)?

A. AMC is an organization that manages the pooled funds from numerous investors and invests them in various financial securities to generate returns.

Q. What is Net Asset Value (NAV)?

A. Net Asset Value measures the performance of an individual mutual fund scheme of an AMC. In essence, it is the market valuation of the securities the fund has invested in. So, the NAV per unit is derived from dividing the total market value of all the invested securities by the total number of units issued. Since the number of unit holders and the valuation of securities change every day, the NAV of a mutual fund also changes accordingly.

Q. What is Expense Ratio?

A. Expense Ratio refers to a small amount of fee charged by Asset Management Companies annually to manage investors’ assets. It covers the operating and managing cost incurred by the AMC. It is a percentage of the total assets invested by the investor.

Q. What is Entry Load?

A. When an investor purchases units of a mutual fund scheme for the first time, s/he is charged a small amount of processing fee by the Asset Management Company which is known as an Entry Load.

Q. What is Exit Load?

A. When investors redeem their investment from a mutual fund scheme, s/he is charged a small amount of processing fee which is known as an Exit Load. It is also charged when investors choose to switch between different mutual fund schemes of a specific AMC.

List of Top Performing JM Financial Mutual Fund Schemes