Mumbai, June 24, 2026: JM Financial Asset Management Ltd., a group company of JM Financial Limited, one of India’s prominent integrated and diversified financial services Group, has announced the launch of JM Multi Asset Allocation Fund, an open-ended scheme investing in equity and equity related instruments, debt and money market securities, gold/silver related instruments and other exchange traded commodity derivatives. The New Fund Offer (NFO) will be open for subscription from June 24, 2026, to July 8, 2026. The scheme aims to achieve growth with a structured approach to multi
asset investing across market cycles.
Asset allocation is often regarded as an important determinant of long-term investment outcomes. Different asset classes tend to perform differently across market and economic cycles, making diversification across asset classes an important consideration for investors.
JM Multi Asset Allocation Fund aims to provide investors with a diversified portfolio through a single investment solution. The scheme follows a model-guided investment approach supported by a structured Asset Allocation Framework (based on internal computations) that seeks to identify changing growth and inflation environments and guide asset allocation opportunities across asset classes.
By dynamically allocating across asset classes and employing rule-based rebalancing, the Scheme seeks to capture opportunities across different market environments while aiming to deliver optimal risk-adjusted growth over the medium to long term.
Commenting on the launch, Mr. Satish Ramanathan, Chief Investment Officer – Equity, JM Financial Asset Management Limited, said, “We are excited to launch the JM Multi Asset Allocation Fund, which adopts a structured, actively managed approach to investing across equity, debt, and commodities. In an environment where investors must navigate evolving market and economic conditions, the Scheme combines a disciplined asset allocation framework with active security selection and a macroeconomic regime based approach to build more resilient portfolios across market cycles. Investors who are seeking a balanced approach to growth and risk management through a professionally managed multi-asset portfolio may consider this scheme.”
Sharing his views on the launch, Mr. Asit Bhandarkar, Senior Fund Manager – Equity, JM Financial Asset Management Limited, said, “India’s long-term growth opportunity remains compelling. The Scheme’s equity allocation will be supported by our proprietary GeeQ (Growth of Earnings and Earnings Quality) framework, which focuses on identifying quality businesses with sustainable growth potential. Together with the scheme’s asset allocation
framework, we aim to build a diversified portfolio that can participate in opportunities across market cycles.”
Highlighting the Scheme’s investment approach, Mr. Killol Pandya, Head of Fixed Income, JM Financial Asset Management Limited, said, “A multi asset portfolio brings together the complementary characteristics of different asset classes within a single investment solution. The debt component of the portfolio will focus on managing liquidity, credit and interest-rate opportunities while supporting the overall investment strategy of the scheme.”
JM Multi Asset Allocation Fund will be jointly managed by Mr. Asit Bhandarkar and Mr. Deepak Gupta for the equity and commodity-related investments, while Mr. Killol Pandya will manage the debt and money market portion of the portfolio. Mr. Satish Ramanthan, CIO – Equity, will advise on the Schemes asset allocation. The Scheme combines a structured asset allocation framework with active security selection across asset classes.
About JM Financial Mutual Fund:
Part of the JM Financial Group, JM Financial Asset Management Limited is one of the leading Indian asset management company that offers a wide range of investment solutions to individual and institutional investors. With a team of seasoned investment professionals, JM Financial Asset Management Ltd. is committed to providing its clients with innovative and customized investment solutions that meet their unique needs and objectives.
The JM Financial Mutual Fund network has expanded significantly and spans across 29 locations, including Nashik & Bhopal. Our 30,000+ partners are currently servicing approximately 8.71 lakh investor folios. As of 31st May 2026, the AUM stood ₹ 12,809.11 Crores.
For more information, log on to www.jmfinancialmf.com
About JM Financial Ltd:
JM Financial is an integrated and diversified financial services group. The Group’s primary businesses include (i) Corporate Advisory and Capital Markets caters to Institutional, Corporate, Promoters, Government and Ultra High Networth clients and includes investment banking, and institutional equities and research; (ii) Private Markets comprises of Private Credit (Corporate, Bespoke, Real Estate and Distressed Credit) and Investments (Private equity funds, REITs etc.); (iii) Wealth and Asset Management includes wealth management business, broking, PMS, Equity & Debt AIFs, and mutual fund business ; and (iv) Affordable Home Loans includes the affordable housing finance business.
The Group is headquartered in Mumbai and has a presence across 888 locations spread across 231 cities in India. The equity shares of JM Financial Limited are listed in India on the BSE and NSE.
SEBI Registered Name: JM Financial Mutual Fund Registration No.: MF/015/94/8
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
