JM Financial Rolls Out Small & Mid-Cap Fund

JM Financial Mutual Fund has rolled out its JM Small & Mid-cap Fund. The scheme looks at providing capital appreciation by primarily investing in small and mid cap stocks. The portfolio will include those companies, which have the potential to become tomorrow’s bluechips. JM Small & Mid-cap Fund is an open-ended equity oriented scheme providing regular and institutional plans with growth and dividend options in each plan. The scheme will invest in small cap stocks in the range of 20% - 40% and in mid-cap stocks in the range of 20% - 80%. An individual investor can start by investing as little as Rs 5000 and in multiples of Re 1 thereafter in this fund. There is no upper limit for investment. The New Fund Offer (NFO) for JM Small & Mid- cap Fund commences on 9 March 2007 and closes on 7 April 2007.