JM Financial Mutual Fund launches JM Midcap Fund

NFO period: 31^st October – 14^th November, 2022

Highlights of the NFO:

• Scheme type – An open ended equity scheme predominantly investing in mid cap stocks


• Investment objective – To provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking long term wealth creation. An open ended equity scheme that aims for capital appreciation by investing in diversified mid cap companies.


• Minimum Application Amount – First investment is Rs. 5,000/- and any amount thereafter


• Plan/ Options available – Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Manager – Mr. Satish Ramanathan and Mr. Chaitanya Choksi


• Benchmark – NIFTY MIDCAP 150 (Total Return Index)