JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units

Hybrid
Direct
Aggressive Allocation
JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units

About the Fund

JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units is a hybrid fund. This fund was started on 15 December, 2014. The fund is managed by Gurvinder Wasan, Asit Bhandarkar. This fund gives you the benefit of diversification.

Key Parameters

  1. JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units has ₹306 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units has given a CAGR return of 14.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 59.27%, 26.15% and 25.45% respectively.

Holdings

JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units has allocated its funds majorly in Government, Corporate, Consumer Cyclical, Industrial, Financial Services, Cash Equivalent, Basic Materials, Tech, Health, Consumer Defensive, Communication, Real Estate, Energy.

Taxation

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units

The investment objective of the Scheme is to provide steady current income as well as long term growth of capital. There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information carefully.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 0.00. JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.6%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹306 Cr
Inception Date15 December, 2014
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
120.84%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 78.8%

  • Debt & Cash 21.2%

Large cap
29.8%

Small cap
29.4%

Mid cap
19.7%

Sector Allocation

May'24

Apr'24

Mar'24

Consumer Cyclical
21.2%
Industrial
18.2%
Financial Services
16.7%
Basic Materials
10.7%
Tech
9.4%
Health
7.6%
Consumer Defensive
6.4%
Communication
5.3%
Real Estate
2.6%
Energy
1.9%
All changes are between Oct'69 and Dec'69

Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units, since 1 December 2022
Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units, since 31 December 2021

JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.82% since inception which is more than its category average return of 13.15%
Fund Allocations

Fund Allocations

This fund has an allocation of 78.84% in Equity, 19.97% in Debt and 1.19% in Cash related instruments
AUM size ₹306 Cr

AUM size ₹306 Cr

This fund has AUM of ₹306 Cr which is less than its category average of ₹ 5198 Cr
Expense Ratio 0.6%

Expense Ratio 0.6%

This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.5%

Frequently Asked Questions

The current NAV of JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units is ₹140.03 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units
Absolute Returns
CAGR Returns
1 Month Returns
5.31%
5.31%
6 Month Returns
27.03%
27.03%
1 Year Returns
59.27%
59.27%
3 Years Returns
100.75%
26.15%
5 Years Returns
210.68%
25.45%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.6% as on May 2024
₹306 Cr as on May 2024
7.18% Govt Stock 2033(4.13%), ICICI Bank Ltd(3.37%), Vedanta Ltd(2.94%), GE T&D India Ltd(2.94%), Voltas Ltd(2.89%) as on May 2024
Consumer Cyclical(16.74%), Industrial(14.39%), Financial Services(13.16%) as on May 2024
AAA
100
Gurvinder Wasan, Asit Bhandarkar are the fund managers of JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units
The Exit load of JM Aggressive Hybrid Fund (Direct) - Bonus Option - Principal Units is 1%