JM Financial MF launches Large & Mid Cap Fund; NFO opens on Jul 4

New Delhi, Jul 3 (PTI) JM Financial Asset Management on Thursday said it has launched the JM Large & Mid Cap Fund, an open-ended equity scheme investing in both large- and mid-cap stocks.

The new fund offer (NFO) will open on July 4 and will conclude on July 18.

The scheme aims to combine liquidity, flexibility and prudent risk management to navigate across market segments and deliver consistent performance in varying market conditions.

"We believe this blend is a unique opportunity to cover all aspects of the Indian economy offering growth and lower volatility. Our large and midcap fund will aim to capture the growth and stability offered by this asset class," Satish Ramanathan, Chief Investment Officer - Equity, JM Financial Asset Management Ltd, said.

As of May 31, 2025, JM Financial Mutual Fund's assets under management are Rs 13,869.03 crore, of which Rs 11,129.95 crore comprises equity schemes (including hybrid schemes). PTI HG HG MR