JM Financial Asset Management has introduced a new open-ended equity scheme—the JM Large & Mid Cap Fund—aimed at capturing the combined benefits of India’s robust large-cap companies and high-growth mid-cap firms. The New Fund Offer (NFO) opens on July 4 and closes on July 18. With a strategic focus on balancing liquidity, flexibility, and risk-adjusted returns, the fund targets long-term capital appreciation while minimizing volatility. Positioned to leverage India’s expanding economy, the scheme forms part of JM Financial Mutual Fund’s broader portfolio, which managed Rs.