Jm mutual fund full form?
JM Financial Limited was incorporated as a Private Limited Company under the name of 'J.M. Share and Stock Brokers Private Limited' on January 30 1986 under the Companies Act 1956.
JM Financial Limited was incorporated as a Private Limited Company under the name of 'J.M. Share and Stock Brokers Private Limited' on January 30 1986 under the Companies Act 1956.
Over a decade later, on January 30, 1986, JM Share & Stock Brokers (JMSSB) was established. It was the precursor to JM Financial Asset Management Ltd, the AMC of JM Financial Mutual Funds.
Nimesh Kampani - Group Chairman - JM Financial group | LinkedIn.
Amitabh Mohanty is the Managing Director and CEO of the JM Financial Mutual Fund business in India. He brings with him rich and varied experience of over two decades and his previous assignment was with Karvy Capital Limited.
About JM Financial Mutual Fund
(formerly known as JM Financial Asset Management Private Limited) is registered under the Companies Act, 1956 and was incorporated on June 9, 1994. On September 1, 1994, JM Financial Asset Management Ltd was appointed as the asset management company of JM Financial Mutual Fund.
JM Financial is one of the oldest merchant bankers in the country and provides wide range of services – capital raising, mergers & acquisitions, private equity and restructuring advisory – to a diversified client base of Indian and multinational corporates in the domestic and international markets.
Is JM Financial a good company to work for? JM Financial has an overall rating of 3.6 out of 5, based on over 232 reviews left anonymously by employees. 70% of employees would recommend working at JM Financial to a friend and 70% have a positive outlook for the business.
View 3 reports from 2 analysts offering long term price targets for JM Financial Ltd.. JM Financial Ltd. has an average target of 102.00. The consensus estimate represents a downside of -6.76% from the last price of 109.40. Reco - This broker has downgraded this stock from it's previous report.
From the time India's first ever mutual fund (MF) Unit Trust of India (UTI) was launched over the last 60 years to the time India's first private sector MF was launched in 1993 to present times, mutual funds have grown to the chosen vehicle for the retail investor.
When did JM Financial start?
JM Financial Ltd. The Company was incorporated as a private limited company on 30th January 1986 in the name of J M Share & Stock Brokers Pvt. Ltd.
JM Financial Services (JMFS), a part of the JM Financial Group, is an award-winning full-service stock broking firm catering to individual and institutional investors across the entire Capital Market spectrum.
The promotor/promotors of JM Financial Ltd are Nimesh N Kampani, Jagi Mangat Panda, Vishal Kampani, P S Jayakumar, Pradip M. Kanakia, Sumit Bose, Atul Mehra, Adi Patel, Dimple Mehta, Navroz Darius Udwadia, Roshini Bakshi.
| Company type | Public |
|---|---|
| Total equity | ₹106 billion (US$1.3 billion) (31 March 2022) |
| Number of employees | 2,405 (31 March 2022) |
| Website | jmfl.com |
| Footnotes / references | |
With an AUM of Rs 5,463 crores, JM Mutual Fund offers 18 schemes across different categories including 6 equity, 14 debt, and 1 hybrid mutual funds. Know the JM FINANCIAL MF scheme details, historical returns, compare and invest in Best JM Mutual Funds.
KFin Technologies Limited (KFin)
As Registrar to the Schemes, KFin will accept and process investor's applications, handle communications with investors, perform data entry services, despatch Account Statements and also perform such other functions as agreed, on an ongoing basis.
Since inception, we have pioneered several innovations in the Indian capital markets in the areas of capital structuring, financial instruments and marketing strategies which has made us one of the top investment banks.
| Year | Initial Target | Mid-Year Target |
|---|---|---|
| 2025 | ₹134.65 | ₹133.25 |
| 2026 | ₹146.95 | ₹145.6 |
| 2027 | ₹159.9 | ₹158.52 |
| 2028 | ₹173.42 | ₹172.08 |
JM Financial Services has 33 offices across 13 states & 23 cities in India.
JM Financial Products Limited provides financial services. The Company offers investment banking, mortgage lending, distressed credit, and asset management services. JM Financial Productsserves customers worldwide.
What is the full form of JMFS?
JM Financial Services - Online share trading investments India.
The JM Midcap Fund - Regular Plan is managed by Satish Ramanathan (Since Oct 31, 2022) , Chaitanya Choksi (Since Oct 31, 2022) and Gurvinder Singh Wasan (Since Dec 01, 2022).
- Vanguard.
- Charles Schwab.
- Fidelity Investments.
- Facet.
- J.P. Morgan Private Client Advisor.
- Edward Jones.
JM Financial Products Limited is a Systemically Important Non-Deposit Taking NBFC (NBFC-ND-SI) registered with the Reserve Bank of India.
JM Financial Ltd.
For the year ending March 2023 JM Financial has declared an equity dividend of 180.00% amounting to Rs 1.8 per share. At the current share price of Rs 109.95 this results in a dividend yield of 1.64%.
