One of India's first private sector mutual funds, JM mutual fund was
launched by the one of the best-known domestic brokerages, JM Financial,
owned by the Kampani family. The Nilesh Kampani-led JM Group played a
pivotal role in the development of India's nascent capital markets in
the 1950s.
JM mutual fund is not a part of JM Morgan Stanley, JM Financial's joint
venture with Morgan Stanley for investment banking and other financial
services. The fund is sponsored by JM Financial and Investment
Consultancy Services Private Limited and JM Financial Limited.
The AMC of the fund is JM Financial Asset Management Private Limited.
The AMC started operations in December 1994 with a simultaneous launch
of three funds-JM Liquid Fund (now JM Income Fund), JM Equity Fund and
JM balanced Fund. The company is headed by Vijay Kelkar, former finance
secretary and advisor to the government of India, as chairman of the
board.
As of Aug 2006, the fund has assets of over Rs.4,241 crore under
management.
Here is a list of mutual funds of JM which includes Debt Funds, Gilt
Fund, Equity Funds, MIP and Balanced Funds.
| Latest NAV |
| Scheme Name |
NAV (Net Asset Value) |
Date |
| JM Equity & Derivative Fund-Bonus-Bonus option |
12.0893 |
29-Jan-2009 |
| JM Equity & Derivative Fund-Dividend-dividend option |
10.1521 |
29-Jan-2009 |
| JM Equity & Derivative Fund-Growth-growth option |
13.0471 |
29-Jan-2009 |
| JM Income Fund-Dividend |
11.1961 |
08-Feb-2012 |
| JM Income Fund-Growth Plan - Growth Option |
31.6457 |
08-Feb-2012 |
| JM Income Growth - Bonus Option |
12.9465 |
08-Feb-2012 |
| JM MIP FUND-Annual Dividend |
12.8638 |
08-Feb-2012 |
| JM MIP FUND-Growth |
16.0126 |
08-Feb-2012 |
| JM MIP FUND-Monthly Dividend |
10.2666 |
08-Feb-2012 |
| JM MIP FUND-Quarterly Dividend |
12.0655 |
08-Feb-2012 |
| JM Short Term Fund..-- Institutional Plan - Dividend |
10.5349 |
08-Feb-2012 |
| JM Short Term Fund..-- Institutional Plan - Growth |
15.0756 |
08-Feb-2012 |
| JM Short Term Fund..-Dividend Plan |
11.6043 |
08-Feb-2012 |
| JM Short Term Fund..-Growth Plan |
20.8068 |
08-Feb-2012 |
| JM ARBITRAGE ADVANTAGE FUND-Dividend |
10.3771 |
08-Feb-2012 |
| JM ARBITRAGE ADVANTAGE FUND-Growth |
14.7179 |
08-Feb-2012 |
| JM Basic Fund - Growth Plan |
12.4781 |
08-Feb-2012 |
| JM Emerging Leaders Fund-Dividend |
7.1361 |
29-Jul-2011 |
| JM Emerging Leaders Fund-Growth |
7.1206 |
29-Jul-2011 |
| JM Equity Fund-Dividend |
13.4536 |
08-Feb-2012 |
| JM Equity Fund-Growth |
33.0508 |
08-Feb-2012 |
| JM Financial Services Sector Fund - Dividend Plan |
10.0272 |
01-Apr-2011 |
| JM Financial Services Sector Fund - Growth Plan |
10.0272 |
01-Apr-2011 |
| JM HIFI Fund-Dividend |
5.0856 |
01-Apr-2011 |
| JM HIFI Fund-Growth |
5.0856 |
01-Apr-2011 |
| JM Telecom Sector Fund - Dividend Plan |
7.3838 |
01-Apr-2011 |
| JM Telecom Sector Fund - Growth Plan |
7.3838 |
01-Apr-2011 |
| JM Balanced Fund-Dividend |
15.7093 |
08-Feb-2012 |
| JM Balanced Fund-Growth |
22.0250 |
08-Feb-2012 |
| JM Small & Mid-cap Fund - Institutional Plan - Dividend option |
10.0000 |
6-Dec-2007 |
| JM Small & Mid-cap Fund - Institutional Plan - Growth option |
10.0000 |
6-Dec-2007 |
| JM Small & Mid-cap Fund - Regular Plan - Dividend option |
4.8651 |
01-Apr-2011 |
| JM Small & Mid-cap Fund - Regular Plan - Growth option |
4.8651 |
01-Apr-2011 |
| JM Floater Fund - Long Term Plan - Premium Plan - Daily Dividend Option |
10.0031 |
08-Feb-2012 |
| JM Floater Fund - Long Term Plan - Premium Plan - Weekly Dividend Option |
10.5129 |
08-Feb-2012 |
| JM Floater Fund - Long Term Plan - Regular Plan - Daily Dividend Option |
10.0031 |
08-Feb-2012 |
| JM Floater Fund - Long Term Plan - Regular Plan - Weekly Dividend Option |
10.4786 |
08-Feb-2012 |
| JM Basic Fund - Dividend Plan |
8.7127 |
08-Feb-2012 |
| JM Short Term Fund.. --Regular plan Daily Dividend |
10.0055 |
08-Feb-2012 |
| JM Short Term Fund.. --Institutional plan Daily Dividend |
10.0068 |
08-Feb-2012 |
