- SEBI reg.
- INP000008455
- Services
- Discretionary, Non-discretionary, Advisory, Co-investment
- Reported
- 30 Sep 2026
JM Financial
₹1,651 Cr
Assets under management
380 clients · 5 strategies · 30 Sep 2026
JM Financial managed ₹1,651 crore for 380 clients at 30 Sep 2026, across 5 strategies, most of it for domestic individuals and others. In September clients added ₹19.73 crore and withdrew ₹26.49 crore.
Key numbers
- SEBI registration
- INP000008455
- Discretionary AUM
- ₹1,042 Cr
- Non-discretionary AUM
- ₹592 Cr
- Advisory assets
- ₹14.19 Cr
- Min. investment
- ₹50 lakh (SEBI)
- Complaints pending
- 0
Strategies
| Strategy | Asset class | AUM | 1 year | Benchmark 1Y |
|---|---|---|---|---|
| Apex | Equity | ₹654 Cr | +15.30% | −2.33% |
| Focus | Equity | ₹286 Cr | +2.15% | −2.33% |
| Growth and Value | Equity | ₹77.69 Cr | −0.84% | −7.09% |
| India Resurgent | Equity | ₹13.79 Cr | +20.83% | −2.33% |
| The Opportunistic | Equity | ₹10.65 Cr | +27.29% | −2.33% |
Time-weighted returns (TWRR) as the managers report them to SEBI, after fees and expenses; periods over a year are annualised. Reported for 30 Sep 2026.
Who it manages money for
| Client type | Service | Clients | AUM |
|---|---|---|---|
| Domestic individuals and others | Discretionary | 255 | ₹759 Cr |
| Domestic individuals and others | Non-discretionary | 44 | ₹339 Cr |
| Domestic corporates | Non-discretionary | 19 | ₹252 Cr |
| Domestic corporates | Discretionary | 35 | ₹222 Cr |
| Non-resident Indians | Discretionary | 19 | ₹61.29 Cr |
| Domestic individuals and others | Advisory | 1 | ₹14.19 Cr |
| Domestic individuals and others | Co-investment | 6 | ₹2.97 Cr |
| Non-resident Indians | Non-discretionary | 1 | ₹0.88 Cr |
For the advisory service, AUM is the assets it advises on.
Flows
- Inflow, Sep 2026
- ₹19.73 Cr
- Outflow, Sep 2026
- ₹26.49 Cr
- Net, Sep 2026
- −₹6.76 Cr
- Inflow, FY to date
- ₹56.44 Cr
- Outflow, FY to date
- ₹115 Cr
- Net, FY to date
- −₹58.76 Cr
Discretionary service. The financial year runs from 1 April.
Complaints
- Pending at start of month
- 0
- Received
- 0
- Resolved
- 0
- Pending at end of month
- 0
FAQs
How much does JM Financial manage?
₹1,651 crore for 380 clients at 30 Sep 2026, as reported to SEBI.
How many clients does JM Financial have?
380 clients at 30 Sep 2026, mainly domestic individuals and others, domestic corporates, non-resident indians.
Which PMS strategies does JM Financial offer?
It reported 5 to SEBI for 30 Sep 2026: Apex, Focus, Growth and Value, India Resurgent, The Opportunistic.
Is JM Financial registered with SEBI?
Yes. It is registered with SEBI as a portfolio manager, registration number INP000008455.
Has JM Financial had investor complaints?
In September it received 0 and resolved 0; 0 were pending at the end of the month.
What is the minimum investment in a PMS?
SEBI sets the minimum at ₹50 lakh per client, in cash or securities. A manager can ask for more.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. PMS investments carry higher minimums and risks; read the disclosure document.
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