JP Morgan unveils Top 100 Fund

JP Morgan Asset Management India has launched a new fund offer named JP Morgan India Top 100 Fund. An open ended equity growth scheme, the new fund offer is a diversified equity fund that seeks to invest in select blue-chip and large-cap stocks across sectors. The fund will focus on balancing returns with lower degree of volatility. Harshad Patwardhan, Head of Equities, JP Morgan AMC, said, “We believe our Top 100 Fund is a core allocation fund and a good vehicle for investors who look for taking exposure in large and stable corporates.”