JM Financial Asset Management Ltd. has launched the JM Multi Asset Allocation Fund, an open-ended scheme designed to invest across multiple asset classes, including equity and equity-related instruments, debt and money market securities, gold and silver-related instruments, and other exchange-traded commodity derivatives.
The New Fund Offer (NFO) for the scheme will be open for subscription from June 24 to July 8, 2026.
The fund house said the scheme seeks to provide investors with a diversified portfolio through a single investment solution. It follows a model-guided investment approach supported by a structured asset allocation framework that aims to identify changing growth and inflation environments and allocate investments accordingly.
According to the company, asset allocation plays a key role in long-term investment outcomes, as different asset classes tend to perform differently across market and economic cycles. The scheme aims to capture opportunities across various market conditions through dynamic allocation and rule-based portfolio rebalancing.
Commenting on the launch, Satish Ramanathan, Chief Investment Officer – Equity, JM Financial Asset Management Ltd., said the scheme combines active security selection with a disciplined asset allocation framework to build portfolios that can navigate changing market environments.
Asit Bhandarkar, Senior Fund Manager – Equity, said the equity portion of the portfolio will be driven by the company’s proprietary GeeQ (Growth of Earnings and Earnings Quality) framework, which focuses on identifying businesses with sustainable growth potential.
Killol Pandya, Head of Fixed Income, said the debt component will focus on managing liquidity, credit and interest-rate opportunities while supporting the overall investment strategy of the scheme.
The scheme will be jointly managed by Asit Bhandarkar and Deepak Gupta for equity and commodity-related investments, while Killol Pandya will oversee debt and money market investments. Satish Ramanathan will advise on the asset allocation strategy.