JM Financial Mutual Fund

The different fund types offered by JM Financial are:

• Equity
• Arbitrage
• Debt
• Liquid

Given below are the various equity schemes offered by JM Financial:

• JM Equity Hybrid FundFund TypeOpen-ended hybrid schemeEntry LoadNilExit LoadIf the units are redeemed or switched out within 60 days from the day of allotment/transfer of units, 1% of NAV will be chargedBenchmarkCRISIL Hybrid 35+65 – Aggressive indexFund ManagerSanjay ChhabariaRisk FactorModerately High

• Investment objective of JM Equity Hybrid FundThe objective of the scheme is to provide a steady income to the individual as well as aid in growing capital on a long term basis.

• JM Value FundFund TypeOpen-ended equity schemeEntry LoadNilExit LoadIf the units are redeemed or switched out within 60 days from the day of allotment/transfer of units, 1% of NAV will be chargedBenchmarkS&P BSE 200Fund ManagerAsit BhandarkarRisk FactorHigh

• Investment objective of JM Value FundThe objective of the scheme is to provide capital growth on a long term basis by making investments basically in well-diversified portfolios of undervalued securities.

• JM Core 11 FundFund TypeOpen-ended equity schemeEntry LoadNilExit LoadIf the units are redeemed or switched out within 60 days from the day of allotment/transfer of units, 1% of NAV will be chargedBenchmarkS&P BSE SensexFund ManagerAsit Bhandarkar, Chaitanya ChoksiRisk FactorHigh

• Investment objective of JM Core 11 FundThe objective of the fund is to invest in concentrated portfolios of equity and equity related securities of companies to provide capital growth on a long term basis.

• JM Large Cap FundFund TypeOpen-ended equity schemeEntry LoadNilExit LoadIf the units are redeemed or switched out within 60 days from the day of allotment/transfer of units, 1% of NAV will be chargedBenchmarkS&P BSE SensexFund ManagerAsit Bhandarkar, Chaitanya ChoksiRisk FactorModerately high

• Investment objective of JM Large Cap FundThe objective of the JM Large Cap Fund is to provide capital appreciation along with capital growth.

• JM Tax Gain FundFund TypeOpen-ended equity linked saving schemeEntry LoadNilExit LoadNil, however, in case of STP, switch-out can be made only after the lock-in period is completedBenchmarkS&P BSE 500Fund ManagerSanjay Chhabaria, Chaitanya ChoksiRisk FactorModerately high

• Investment objective of JM Tax Gain FundThe objective of the fund is to help investors grow capital in the long run as well as claim a deduction from their total income as per the Income Tax Act,1961, by making investments in diversified portfolios of equity and equity related instruments.

• JM Multi Cap FundFund TypeOpen-ended equity oriented fundEntry LoadNilExit LoadIf the units are redeemed or switched out within 60 days from the day of allotment/transfer of units, 1% of NAV will be chargedBenchmarkS&P BSE 500Fund ManagerSanjay ChhabariaRisk FactorModerately high

• Investment objective of JM Multi Cap FundThe objective of the fund is for individuals to make investments in equity and equity related instruments of market capitalisation so that they can enjoy capital appreciation of their assets.

JM Financial offers one arbitrage fund type. Here are the details of the scheme:

• JM Arbitrage FundFund TypeOpen-ended schemeEntry LoadNilExit LoadIf the units are redeemed or switched out within 30 days from the day of allotment/transfer of units, 0.5% of NAV will be chargedBenchmarkNifty 50 Arbitrage IndexFund ManagerSanjay Chhabaria, Asit Bhandarkar, Chaitanya ChoksiRisk FactorModerately low

• Investment objective of JM Arbitrage FundThe objective of the fund is to provide income to the investors through arbitrage resulting from differing prices in the cash market and derivatives market of similar assets. Also, income is generated from excess units in fixed income instruments.

Debt funds by JM Financial:

JM Financial offers the following debt fund types:

• JM Income FundFund TypeOpen-ended medium term debt schemeEntry LoadNilExit LoadNilBenchmarkCRISIL Composite Bond Fund IndexFund ManagerVikas AgrawalRisk FactorModerate

• Investment objective of JM Income FundThe objective of the fund is to generate returns through debt instruments, debt related instruments and prevention of capital on a long term basis while maintaining a low risk strategy.

• JM G-Sec FundFund TypeOpen-ended debt schemeEntry LoadNilExit LoadNilBenchmarkCRISIL Gilt IndexFund ManagerVikas AgrawalRisk FactorModerate

• Investment objective of JM G-Sec FundThe objective of the fund is to provide safety to investors by making investments in securities released by the government.

• JM Dynamic Debt FundFund TypeOpen-ended dynamic debt schemeEntry LoadNilExit LoadNilBenchmarkCRISIL Composite Bond Fund IndexFund ManagerShalini TibrewalaRisk FactorModerately low

• Investment objective of JM Dynamic Debt FundThe objective of the fund is to provide returns and liquidity to investors through debt and money market instruments.

• JM Low Duration FundFund TypeOpen-ended low duration debt schemeEntry LoadNilExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerVikas AgrawalRisk FactorModerately low

• Investment objective of JM Low Duration FundThe objective of the fund is to achieve capital appreciation as well as provide long-term returns to the investor by using a low-risk strategy. Additionally, investments in debt and money market investments will help preserve capital.

• JM Money Market FundFund TypeOpen-ended debt schemeEntry LoadNilExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerVikas AgrawalRisk FactorModerately low

• Investment objective of JM Money Market FundThe objective of the fund is to generate long-term returns and capital appreciation while maintaining a low risk strategy. Further, the fund allows preservation of capital by investing in money market securities.

• JM Short Term FundFund TypeOpen-ended short-term debt schemeEntry LoadNilExit LoadIf the units are redeemed or switched out within 30 days from the day of allotment/transfer of units, 0.25% of NAV will be chargedBenchmarkCRISIL Short Term Bond Fund IndexFund ManagerVikas AgrawalRisk FactorModerate

• Investment objective of JM Short Term FundThe objective of the fund is to provide regular returns and high liquidity, along with capital appreciation, to the investors by making investments in debt instruments and debt related securities apart from preservation of capital.

• JM Ultra Short Duration FundFund TypeOpen-ended ultra-short term debt schemeEntry LoadNilExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerVikas AgrawalRisk FactorModerately low

• Investment objective of JM Ultra Short Duration FundThe objective of the fund is to provide long-term returns, achieve capital appreciation, and preserve capital by making investments in debt and money market securities, while following a low-risk strategy.

JM Financial offers one liquid fund type. The details of the scheme are as follows:

• JM Liquid FundFund TypeOpen-ended liquid schemeEntry LoadNilExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerShalini TibrewalaRisk FactorLow

• Investment objective of JM Liquid FundThe objective of the fund is to make investments in debt and money market securities to provide income in the form of dividends and capital gains.

Certain tax-saving schemes provided by the company such as equity-linked savings schemes offer tax deductions to investors under the Income Tax Act, 1961. Pension schemes, too, offer tax benefits to investors.

The below-mentioned persons can avail mutual funds offered by JM Financial:

• Adults residing in India
• Parents or guardians of minor children
• Hindu Undivided Family (HUF)
• Companies, Public-sector undertakings (PSUs), corporate bodies, co-operative societies, one-person companies
• Scientific research organisations, industry research organisations
• Charitable trusts, religious trusts, private trusts
• Banks
• Non-resident Indians
• Foreign institutional investors
• Army, navy, paramilitary, and air force units

*The eligibility of a few of the above-mentioned entities is subject to certain approvals and registration requirements.

It is essential for clients to ensure that the KYC process has been carried out to invest in mutual funds. Clients can make investments only after completion of the KYC process. New customers can apply for KYC by submitting the following documents:

• Proof of identity
• Proof of address
• PAN

In order to subscribe to the funds offered by JM Financial, the following documents need to be submitted:

• Scheme application
• Auto-debit registration form
• Copy of KYC acknowledgement
• Copy of PAN
• Cheque/DD for the initial investment
• Copy of cancelled cheque

JM Financial Mutual Fund investors are offered convenient online transaction options to purchase additional units, switch units, or redeem units. To invest online, customers have to click on ‘Transact Online’ found on the top right-hand side of the official website of JM official.

On clicking the link, the user will be redirected to a page that offers two link options. Individuals can use Karvy Computershare to login and make transactions. In case one has not signed up, he/she can do so on the website. Alternatively, individuals can download the KTRACK mobile application to make transactions through the mobile.

Being established in the year 1993, the company has 25 years of experience in the mutual funds industry. The company offers an array of products that prospective investors as well as existing clients can invest in based on their financial stability, financial needs, and risk appetite.

The company has many experienced Fund Managers. Further, the company provides the ease of investing by providing secure computer-based and mobile-based platforms to carry out the transactions.

GST rate of 18% applicable for all financial services effective July 1, 2017.