Latest news with #JMFinancialAssetManagement
Economic Times
04-07-2025
- Business
- Economic Times
NFO Update: JM Financial Mutual Fund launches large & mid cap fund
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. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads 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 investible universe has been created by leveraging the in-house GeeQ (Growth of Earnings and Earnings Quality) 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 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)
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Business Standard
04-07-2025
- Business
- Business Standard
NFO alert! JM Financial MF launches Large & Midcap Fund; check details here
JM Large & Midcap Fund: JM Financial Mutual Fund has launched its JM Large & Midcap Fund, an open-ended equity scheme investing in both largecap and midcap stocks. The new fund offer (NFO) will open for public subscription today, July 4, 2025 and close on Friday, July 18, 2025. The scheme aims to generate long-term capital growth through investments in high-quality growth stocks with superior management quality and corporate governance standards. The fund house will use the in-house GeeQ (Growth of Earnings and Earnings Quality) model to find investible opportunities. The portfolio strategy of the scheme focuses on liquidity and flexibility. The fund will maintain a minimum 35 per cent allocation each in largecap and midcap stocks, with the remaining 30 per cent providing flexibility across market capitalisations. 'With our new Large and Midcap Fund, we bring together the stability and resilience of blue-chip giants and the growth potential of emerging leaders. This is not just another scheme- it is a powerful blend of scale and rapid growth, designed to seize tomorrow's opportunities," said Asit Bhandarkar, senior fund manager for equity at JM Financial Asset Management. According to Bhandarkar, 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,' he added. Asit Bhandarkar and Deepak Gupta are the fund manager and co-fund manager, respectively, for the scheme. According to SID, if the units are redeemed or switched out within 180 days from the day of allotment, an exit load of 1 per cent will be charged. However, no exit load will be charged if units are redeemed after 180 days from the date of allotment. According to the riskometer, the principal invested in the scheme will be at very high risk. JM Large and Mid Cap Fund: Who should invest? According to the SID, the product is suitable for investors seeking long-term wealth creation and capital appreciation by investing predominantly in equity & equity-related securities of large and midcap stocks. However, investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Time of India
11-06-2025
- Business
- Time of India
ETMarkets Smart Talk: Defence stocks may face bumpy ride despite big potential, says Asit Bhandarkar
There may also be opportunities to turnaround in sectors where either fundamentals and valuations or both have bottomed out. JM Financial's Asit Bhandarkar advises caution on defence stocks despite long-term potential, citing long execution cycles and potential volatility. He highlights India's sweet spot with strong finances and growth amid US bond yield concerns. Bhandarkar also notes attractive opportunities in corrected markets, focusing on financialization, consumption, and manufacturing themes for long-term investors. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads As geopolitical tensions rise and investor interest in defence stocks surges, JM Financial Asset Management's Senior Fund Manager – Equity, Asit Bhandarkar, urges an exclusive conversation with ETMarkets Smart Talk, Bhandarkar acknowledges the long-term potential of India's defence sector, especially with increasing private sector participation and innovation around drones and modern he warns that execution cycles may be long and initial investor euphoria could face unexpected challenges, making the investment journey in defence stocks uncertain and volatile in the short term. Edited Excerpts –A) Tariffs are a developing story. Although it led to significant volatility in the first quarter of the calendar year, as things stand, markets have figured that perhaps, the tariffs in their final form may not be as negative in their quantum as initially Indian government as well as corporates are attempting to convert this challenge into an opportunity to strengthen our exports to the US and capitalise on the China plus sentiment.A) Drones have higher impact than expensive military aircrafts and is a classic sign of high disruption ahead. Fundamentally, war strategies are getting redefined. New wave of innovation and imagination will drive the future outlook a stock market perspective, popular stories seldom make money in the short term. We feel that execution cycles will be long and initial euphoria may face unexpected challenges making the journey uncertain and said we are positively inclined about the role of the private sector participation in development, production and even export of defence equipment.A) US bond yield strengthening have had their unique dimensions this time around given the outlook on US inflation, the deficits that the US government has been running as well as the uncertainty on growth created by the tariff said, we are yet to see a closure of the tariff situation. Lowering of uncertainties on that front can clearly reduce the risk premium on the said, it's likely that capital in US may be looking to diversify given the unprecedented uncertainties presented by the tariff related uncertainties leading to a prolonged weak growth between India and US yields are at their lowest in recent times but India is in a sweet spot in terms of strong government finances, benign inflation and improving growth is indeed likely that flows continue to move towards geographies with higher growth and lower uncertainties. India definitely shines on that front.A) As the portfolios bore the brunt of the volatility driven by the tariff announcements, we did have to restructure our portfolios to maximise sectoral overlap with the benchmark as well as increase liquidity as a risk management measure, in case we got into a long drawn like BFSI , which have been suffering anemic growth, managed to outperform as regulatory tailwinds kicked along with FII things stand, broader markets have sharply corrected from their peak last year while macros have steadily improved with ample liquidity, lower rates and improving corporate are now in a position to add newer stocks across market caps, thanks to attractive opportunities thrown up by the sharp correction in prices and stability in market conditions. Market is starting to focus on growth stocks again.A) YoY and QoQ growth rates excluding BFSI were at 10.1% and 18.2 % for S&P BSE 500 Index based on our sectoral analysis of Q4FY'25 numbers (source: ACE Equity, JMFMF Research).Sector wise Chemicals , insurance, telecom, consumer durable, retail and electricals showed a sharp improvement in operations yoy. However, large sectors like Banks, FMCG, IT and autos exhibited anaemic appear to be on the cusp of an earnings recovery into FY 2026 as we face a low earning base from last year and improving government spending, lower taxes leading to consumption uptick, improved liquidity and lower rates to push up demand as well as private capex.A) The IPO markets have cooled down versus last year. There is much lower interest and there has been a moderation of valuation a long-term investors perspective, it may be a good time to allocate to few issues that come along as valuations might be more rational than in the previous year. SME space, which has gathered more interest so far in 2025 as compared to mainboard IPOs? Do you see froth building in this space or an opportunity for long-term investors?A) Mutual funds had mostly sidestepped the euphoria in the SME space and this shows the maturity and the discipline of investment processes at an industry a price, given the sharp correction all across, there might be opportunities available. But most of the businesses in the SME market may not be at scale where mutual fund investors find the risk reward palatable.A) Financialisation, formalisation, aspiration driven consumption and a manufacturing renaissance driven by china+1 remain strong themes, driven by global geopolitics and rising per capita income back of these themes remain expensive, given the higher visibility. Sharp corrections give us an opportunity to build positions in long term structural themes at reasonable may also be opportunities to turnaround in sectors where either fundamentals and valuations or both have bottomed out.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
