NFO Update: JM Financial Mutual Fund launches large & mid cap fund

Economic Times

04-07-2025

JM Financial Asset Management introduces the JM Large & Mid Cap Fund, an open-ended equity scheme investing in both large and mid-cap stocks. Open until July 18, the NFO aims to generate returns through high-quality growth stocks, leveraging the in-house GeeQ model. Satish Ramanathan highlights the blend's unique opportunity to cover the Indian economy, offering growth and lower volatility.
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JM Financial Asset Management has launched JM Large & Mid Cap Fund , an open ended equity scheme investing in both large cap and mid cap stocks The new fund offer or NFO is open for subscription and will close on July 18. The investment objective of the scheme is to generate returns by investing in high quality growth stocks with superior management quality and corporate governance standards.The investible universe has been created by leveraging the in-house GeeQ (Growth of Earnings and Earnings Quality) model.Liquidity and flexibility are cornerstones of the portfolio strategy of the scheme. Navigating seamlessly between large and midcap opportunities, the scheme aims to capture growth without compromising on risk management to deliver consistent performance in changing market conditions, according to a press release by the fund house.'We are excited to launch our Large & Midcap Fund - offering the size and stability of one of India's biggest companies and the vitality of emerging India's Midcap companies. We believe this blend is a unique opportunity to cover all aspects of the Indian economy offering growth and lower volatility. We are confident of India's growth opportunity and believe that the best is yet to come,' said Satish Ramanathan, Chief Investment Officer - Equity, JM Financial Asset Management.'Large Cap indices offer companies that are champions in their space with lower cost of capital and access to technology and market reach. The flip side is that profit growth soon aligns to the country's GDP growth. Midcap companies offer emerging sectors in auto ancillary, manufacturing, defence, quick service restaurants with a longer runway of growth. Our large and midcap fund will aim to capture the growth and stability offered by this asset class,' Ramanathan added.'With our new Large & Midcap Fund, we bring together the stability and resilience of blue-chip giants and the growth potential of emerging leaders. This isn't just another Scheme- it's a powerful blend of scale and rapid growth, designed to seize tomorrow's opportunities. The Indian equity markets are undergoing a period of heightened volatility, where a product which has a return profile closer to midcaps and the risk profile closer to large caps could offer investors a better experience. We are confident that our growth and quality focused investment philosophy, a disciplined and process driven investment approach and a seasoned equity fund management team could help us navigate these turbulent times and create a resilient portfolio which may enable wealth creation for investors,' said Asit Bhandarkar, Senior Fund Manager - Equity, JM Financial Asset Management.Asit Bhandarkar and Deepak Gupta are the fund managers for this fund. Ruchi Fozdar will oversee the Debt portion of JM Large & Midcap Fund.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)