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JM Financial Mutual Fund started in the year 1994 with the backing of its sole sponsor, JM Financial Ltd. It was incorporated with a vision of being the most trusted partner for every stakeholder. JM Financial Asset Management Ltd came into existence under the Companies Act of 1956 on June 9, 1994.
JM Financial Ltd began its journey in the world of capital markets with the launch of three funds: JM Equity Fund, JM Liquid Fund (later called JM Income Fund), and JM Balanced Fund. Slowly and swiftly, JM Financial built a diverse portfolio of schemes to meet its customer needs. As of 28th Feb 2023, JM Financial Asset Management Ltd. had ₹3,103 crore assets under management (AUM)
| Founding date | 01 September 1994 |
| AMC Incorporation date | 09 June 1994 |
| Headquarters in | Mumbai |
| Name of the sponsors | JM Financial Ltd |
| Trustee organisation | JM Financial Asset Management Ltd |
| MD and CEO | Mr Amitabh Mohanty |
| Chief Investment Officer | Mr Satish Ramanathan |
| Compliance Officer | Ms Diana D’sa |
Investing in the JM Financial MF, or any mutual fund for that matter, is an easy and hassle-free process through your Angel One account. Just take the following steps:
Step 1: Log in to your Angel One account using your mobile number and the OTP received. Then, enter your MPIN. If you don’t have an account, you can open one quickly by submitting the required documents.
Step 2: Determine which mutual fund(s) suit your needs and risk profile. You can research and compare funds on the Angel One app based on factors like past performance, tax implications, investment sectors, risk level, ratings from rating agencies, and expense ratio.
Step 3: Once you’ve chosen the fund(s) you want to invest in, go to the Mutual Funds section in your Angel One account and search for the selected fund(s). Decide whether you want to invest in a lump sum or through a monthly SIP. Enter the amount you wish to invest and choose the payment mode (UPI or net banking). For SIPs, you can set up a mandate for future instalments.
Investing in a mutual fund scheme can be a long-term commitment, so choose your fund(s) carefully and seek expert advice if necessary.
You can learn more about the details of each fund from within the Angel One app itself.
Investing in JM Financial Mutual Fund through Angel One is more straightforward than ever, thanks to our fully digital KYC process. To initiate your investment journey, you’ll be asked to provide the following essential documents:
At Angel One, we’ve streamlined the KYC verification process, ensuring swift access to JM Financial Mutual Funds, whether you’re a new or returning investor. Your financial goals are now attainable through our user-friendly platform. Typically, the KYC process takes only 48-72 business hours, enabling you to start your mutual fund journey promptly.
The following are some of the best ICICI Prudential Mutual Funds in India based on 3-yr CAGR:
| Name of the Fund | Sub Category | AUM (₹in crore) | Minimum Investment (₹) | CAGR 3Y (%) | CAGR 5Y (%) |
| JM Value Fund | Value Fund | 223.15 | 250 | 33.31 | 19.73 |
| JM Flexicap Fund | Flexi Cap Fund | 544.96 | 250 | 31.41 | 19.75 |
| JM Tax Gain Fund | Equity Linked Savings Scheme (ELSS) | 90.03 | 500 | 26.34 | 18.24 |
| JM Equity Hybrid Fund | Aggressive Hybrid Fund | 54.84 | 1000 | 25.2 | 15.22 |
| JM Focused Fund | Focused Fund | 51.83 | 100 | 24.65 | 14.27 |
| JM Large Cap Fund | Large Cap Fund | 46.61 | 100 | 19.3 | 13.38 |
| JM Dynamic Bond Fund | Dynamic Bond Fund | 43.24 | 250 | 4.89 | 5.92 |
| JM Low Duration Fund | Low Duration Fund | 170.44 | 250 | 4.84 | 5.39 |
| JM Liquid Fund | Liquid Fund | 2005.33 | 1000 | 4.78 | 5.24 |
| JM Arbitrage Fund | Arbitrage Fund | 119.21 | 100 | 4.71 | 4.69 |
**All data as of October 4, 2023.
Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.
JM Value Fund is classified as a Value Fund. This fund primarily focuses on investing in undervalued stocks within the market. The assets under management (AUM) for this fund amount to ₹223.15 crore. The expense ratio stands at 1.81%. Over the past 3 years, the fund has shown a compound annual growth rate (CAGR) of 33.31%. The minimum investment required to participate in this fund is ₹250.
JM Flexicap Fund falls under the Flexi Cap category. It offers flexibility in choosing investments across different market cap. The fund’s AUM stands at ₹544.96 crore with an expense ratio of 1.33%. Over the last 3 years, it has demonstrated a CAGR of 31.41%. The minimum investment to enter this fund is ₹250.
JM Tax Gain Fund operates as an Equity Linked Savings Scheme (ELSS). This fund offers tax benefits and primarily invests in equity-related instruments. The AUM for this fund is ₹90.03 crore, and the expense ratio is 1.42%. Over a 3-year period, it has provided a CAGR of 26.34%. The minimum investment required for this fund is ₹500.
JM Equity Hybrid Fund operates as an Aggressive Hybrid Fund, aiming for a balance between equity and debt investments. The AUM for this fund is ₹54.84 crore, and the expense ratio stands at 1.3%. Over the past 3 years, it has displayed a CAGR of 25.2%. The minimum investment amount for this fund is ₹1000.
JM Focused Fund operates as a Focused Fund, concentrating its investments in a limited number of stocks. The fund’s AUM is ₹51.83 crore, and the expense ratio is 1.59%. Over a 3-year period, it has provided a CAGR of 24.65%. The minimum investment to participate in this fund is ₹100.
JM Large Cap Fund is categorised as a Large Cap Fund, primarily investing in well-established and large-cap companies. The fund manages an AUM of ₹46.61 crore with an expense ratio of 1.74%. Over the last 3 years, it has shown a CAGR of 19.3%. The minimum investment required for this fund is ₹100.
JM Dynamic Bond Fund functions as a Dynamic Bond Fund, adjusting its portfolio based on changing market conditions. The AUM for this fund is ₹43.24 crore, and the expense ratio is 0.63%. Over a 3-year period, it has provided a CAGR of 4.89%. The minimum investment amount for this fund is ₹250.
JM Low Duration Fund falls into the Low Duration Fund category, focusing on short to medium-term debt instruments. The fund’s AUM amounts to ₹170.44 crore with an expense ratio of 0.34%. Over the past 3 years, it has displayed a CAGR of 4.84%. The minimum investment to participate in this fund is ₹250.
JM Liquid Fund operates as a Liquid Fund, investing in highly liquid, short-term instruments. The fund has an AUM of ₹2005.33 crore with an expense ratio of 0.15%. Over a 3-year period, it has provided a CAGR of 4.78%. The minimum investment required for this fund is ₹1000.
JM Arbitrage Fund operates as an Arbitrage Fund, aiming to capitalise on price differences in different markets or instruments. The fund manages an AUM of ₹119.21 crore, and the expense ratio stands at 0.35%. Over the last 3 years, it has shown a CAGR of 4.71%. The minimum investment to enter this fund is ₹100.
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