JM Financial Mutual Fund announced the relocation of their branch in ChennaiThe relocation of branch

From a distributor’s perspective, MFD’s & ND’s together contribute 1/3rd of the total mutual fund AUM in Chennai. The AUM constitutes higher level of equity and hybrid schemes which contribute approximately 50% of the city’s AUM. The Fixed Income schemes also have sizeable AUM with approximately 33% of the same. The AUM in Chennai has increased from 75,680 crores in June 2018 to 1,12,083 crores in December 2022 and the city now ranks 7th amongst all cities in the country. The address of the new branch is: JM Financial Asset Management Ltd., Maalavika Centre No. 144/145, 4th Floor, Kodambakkam High Road, Nungambakkam, Chennai – 600 034 For more information, log on to