Primarily market-linked growth exposure
To provide long term capital appreciation and generate income by investing in instruments across multiple asset classes viz. Equity, Debt, Gold/silver related instruments and other exchange traded commodity derivatives. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity and Equity Related Instruments including derivatives and REITs - 35%-80%, Debt Securities and Money Market Instruments including mutual funds units - 10%-55%, Gold/silver related instruments (including ETFs, Sovereign gold deposit schemes) & Exchange Traded Commodity Derivatives (ETCDs) of gold/silver and other commodities as permitted by SEBI from time to time - 10%-50%, Units issued by InVITs - 0%-10%
- SEBI category
- Multi Asset Allocation
- Fund type
- An open-ended scheme investing in equity and equity related instruments, debt & money market securities, gold/silver related instruments and other exchange traded commodity derivatives.
- Primary benchmark
- Composite of Nifty 500 (55%)+CRISIL Short term bond Index (30%)+Domestic Price of Gold (10%)+Domestic Price of silver (5%)
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Asit Bhandarkar, Mr. Deepak Gupta , Mr. Killol Pandya, Mr. Satish Ramanathan (Advisor)
- Manager tenure on this scheme
- Since Mr. Asit Bhandarkar - 15/07/2026, Mr. Deepak Gupta - 15/07/2026, Mr. Killol Pandya - 15/07/2026, Mr. Satish Ramanathan (Advisor) - 15/07/2026
- Role / co-management
- Fund Manager - Mr. Asit Bhandarkar, Co-Fund Managers - Mr. Deepak Gupta, Mr. Killol Pandya (For Debt portion only), Advisor - Mr. Satish Ramanathan
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| JM Multi Asset Allocation Fund - Direct Plan - Growth Option | ₹10.3152 | 04 Sep 2026 |
| JM Multi Asset Allocation Fund - Direct Plan - IDCW Option | ₹10.3152 | 04 Sep 2026 |
| JM Multi Asset Allocation Fund - Regular Plan - Growth Option | ₹10.2901 | 04 Sep 2026 |
| JM Multi Asset Allocation Fund - Regular Plan - IDCW Option | ₹10.2901 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 4.43%, Direct 2.72%
- Exit load
- In respect of each purchase/ switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 60 days from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 60 days from the date of allotment.
- Minimum application
- 5000 · multiples of 1
- SIP frequency
- SIP -Daily, Weekly, Fortnightly, Monthly , Quarterly, STP- Daily, Weekly, Fortnightly, Monthly , Quarterly, SWP- Monthly, Quarterly, Half Yearly, Yearly
- Minimum SIP amount
- SIP - Daily, Weekly and Fortnightly - Rs. 500 - 6 Installments ; Monthly and Quarterly - Rs. 1000 - 6 Installments, STP- Daily 60 installments: 100 each. Further in multiples of Re 1/- Weekly/Fortnightly/Monthly : 12 installments for Rs. 500 or 6 installments for Rs. 1000 each. Further in multiple of Re 1/-. Quaterly : 3000 each 2 Instalments, SWP - Fixed Amount Withdrawal (FAW) - 5 instalments for Rs. 500/- each. Further in multiples of Re. 1/-; Capital Appreciation Withdrawal (CAW) - 5 instalments for Rs. 500/- each. Further in multiples of Re. 1/-
- Minimum instalments
- SIP - Daily, Weekly, Fortnightly, Monthly, Quarterly - 6; STP - Daily - 60, Weekly - 12 , Fortnightly - 12 , Monthly -12 Quarterly - 2 , SWP- 5 Instalments
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.