What is JM Financial's new growth strategy?

JM Financial is focusing on expanding its wealth management and private markets businesses, expecting private markets to become its most profitable segment.

How much capital is JM Financial allocating to private markets?

JM Financial has allocated ₹6,000 crore to its private markets business, marking the largest investment across all its segments.

What is JM Financial's approach to home loans?

JM Financial focuses on affordable housing, employing strict credit checks, property verification, and maintaining low loan-to-value ratios to manage risk.

Home / Business and Economy / JM Financial Bets Big on Private Markets for Profit Surge

JM Financial Bets Big on Private Markets for Profit Surge

15 Dec

•

Summary

Private markets aim to surpass capital markets in profitability within three years.
JM Financial allocates ₹6,000 crore, its largest investment, to private markets.
The company focuses on affordable housing with strict credit checks and low defaults.

JM Financial Bets Big on Private Markets for Profit Surge

JM Financial is undergoing a significant restructuring, identifying wealth management and private markets as its primary growth engines. The company projects that private markets could become its most profitable segment within the next two to three years, potentially outperforming its established capital markets business. This strategic emphasis is underscored by a substantial allocation of ₹6,000 crore towards private market ventures.

The firm's operational framework now encompasses four core businesses: capital markets & corporate advisory, wealth & asset management, private markets, and home loans. The private markets division specifically targets private companies, structured credit, private equity, and distressed assets, leveraging JM Financial's NBFC capital and family office network. This integrated approach aims to capture value across a company's lifecycle, from early-stage investment to IPO.