JM Financial Mutual Funds

JM Financial Mutual Funds: Overview

JM Financial Mutual Fund is one of India’s first private sector mutual fund. It part of JM Financial Group which has a rich heritage built over three decades.

The asset management company (AMC) JM Financial Asset Management Limited is sponsored by JM Finance Limited. The AMC started its operations in December 1994 with a simultaneous launch of three funds i.e. JM Liquid Fund (now JM Income Fund), JM Equity Fund and JM Balanced Fund. The group strives towards offering top quartile returns across all product categories to its investors. JM Group is focused in helping their investors realise their investment goals through prudent advice, judicious fund management, impeccable research and strong systems of managing risk scientifically.

Mutual Funds Offered by JM Financial

  1. Equity Funds:
     

S.NO

FUND NAME

FUND HIGHLIGHTS

RISKOMETER

AUM

Fund Manager

1.

JM Balanced Fund

Long term capital appreciation, long term regular income, trading opportunities,

Moderately High

INR 887.65 Cr

Sanjay Chhabaria

2.

JM Basic Fund

Long term regular income, open ended sector, investment exposure not restricted up to 10% NAV

High

INR 140.48 Cr

Asit Bhandarkar

3.

JM Core 11 Fund

Long term Capital appreciation, concentrated portfolio, portfolio reviewed on half yearly basis

High

INR 25.69 Cr

Asit Bhandarkar; Chaitanya Choksi

4.

JM Equity Fund

Long term Capital Appreciation, 80% corpus been deployed, high turnover rate

Moderately High

INR 127.08 Cr

Sanjay Chhabaria; Chaitanya Choksi

5.

JM Tax Gain Fund

Securities include management opportunities, global competitiveness, earning power, exposure to geographical regions

Moderately High

INR 26.82 Cr

Sanjay Chhabaria; Chaitanya Choksi

6.

JM Multi strategy Fund

Long term capital appreciation, aggressive growth fund, low volatility conservative portfolio

Moderately High

INR 110.61 Cr

Sanjay Chhabaria

 

  1. Arbitrage Funds
     

S.NO

FUND NAME

FUND HIGHLIGHTS

RISKOMETER

AUM

Fund Manager

1.

JM Arbitrage Advantage Fund

Medium term regular income, scientific approach adopted, mispricing and deals execution,

Moderately Low

INR 39.16 Cr

Asit Bhandarkar; Chaitanya Choksi

 

  1. Debt Funds
     

S.NO

FUND NAME

FUND HIGHLIGHTS

RISKOMETER

AUM

Fund Manager

1.

JM Income Fund

Medium to long term regular income, invest in high quality debt, rated debt instruments, no investment management fees

Moderate

INR 15.67 Cr

Vikas Agrawal

2.

JM G-Sec Fund

Medium to long term regular income, safety endurances, fund safety elevated with individual security

Moderate

INR 21.45 Cr

Vikas Agrawal

3.

JM MIP Fund

Medium to long term capital accretion, open ended monthly income fund, investment in assets, financial derivatives, fixed income and money market instruments

Moderate

INR

Shalini Tibrewala

4.

JM Floater Long Term Fund

Short to medium term regular income, invest in money market instruments, quality debt, aims security identification and risk control, credit evaluation

Moderately Low

INR 30.38 Cr

Shalini Tibrewala

5.

JM Money Manager Fund

Short term regular income, scientific approach to investment, fund managers select securities, economy evaluation, evaluation of opportunities

Moderately Low

INR 58.31 Cr

Vikas Agrawal

6.

JM Short Term Fund

Short to medium term regular income, focus to achieve investment scheme, debt and money market instruments, product positioned between long term debt and short term cash.

Moderate

INR

Vikas Agrawal

             

 

4. Liquid Funds
 

S.NO

FUND NAME

FUND HIGHLIGHTS

RISKOMETER

AUM

Fund Manager

1.

JM Floater Short Term Fund

Short Term Regular Income, quality debt, money market instruments, risk control

Low

INR 0.88 Cr

Shalini Tibrewala

2.

JM High Liquidity Fund

Short Term Regular Income, money market securities, inflation rate movement

Low

INR 1067.93 Cr

Shalini Tibrewala

Fund Managers

Equity Fund Managers
 

  • Mr. Asit Bhandarkar
     

Mr. Asit Bhandarkar is currently working as the equity fund manager in JM Financial Mutual Fund. He has experience of about 12 years in Equity research and fund management. His career was started as an equity analyst on the broking side. The last assignment he has done as Fund Manager was with LOTUS INDIA Asset Management Company Pvt. Ltd. Prior to that, he worked as a Junior Fund Manager with SBI Funds Management Pvt. Ltd. He has also worked with firms like Jet Age Securities and Sushil Finance Consultants for almost 2 years.
 

  • Mr. Sanjay Chhabaria
     

Mr. Sanjay Chhabaria is the Equity Fund Manager in JM Financial Mutual Fund. He has experience of more than 14 years in Fund Management and equity research. His career started on the broking side in equity research. He worked with Lotus India AMC as a Fund manager. Prior to this, he also worked with SBI Funds Management as a Fund Manager.He also worked for about 4 years with firms like SMIFS Securities and IDBI Capital Markets.
 

  • Mr. Chaitanya Choksi
     

Mr. Chaitanya Choksi is associated with JM Financial Asset Management Limited since 2008. His work experience has around 11 years in the field of equity research and capital markets. Prior to this, he also worked with Lotus AMC, Chanrai Finance Private Limited, IL and FS Investsmart and UTI Investment Advisory Services Ltd.

Debt Fund Managers

  • Ms. Shalini Tibrewala
     

Ms. Shalini Tiberwala is currently working as a Debt Fund Manager in JM Financial Mutual Fund. She has experience of over 14 years in the financial service sector. She has been with Funds for about 14 years and has a really good knowledge regarding Funds.
 

  • Mr. Vikas Agrawal
     

He is the Debt Fund Manager of JM Financial Mutual Fund. He manages various series of JM Fixed Maturity Funds. He has work experience for about 10 years in fixed income market. He has also worked with Central Capital, Stralcap Securities and SPA Securities. He was responsible for origination and placement of short term as well as long term bonds.

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