JM Flexicap Fund Direct Growth
About the Fund
JM Flexicap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan. The fund could potentially beat inflation in the long-run.
Key Parameters
- JM Flexicap Fund Direct Growth has ₹2472 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
JM Flexicap Fund Direct Growth has given a CAGR return of 20.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 67.24%, 33.39% and 28.98% respectively.
Holdings
JM Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Basic Materials, Tech, Health, Communication, Energy, Consumer Defensive, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Infosys Ltd, Mahindra & Mahindra Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of JM Flexicap Fund Direct Growth
JM Flexicap Fund is an open-ended diversified equity fund which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market capitalisation. There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Flexicap Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 0.43% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2472 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 119.35% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.45% | 0% | |
 ICICI Bank Ltd | 3.29% | 13.8% | |
 State Bank of India | 2.84% | 17.8% | |
 Infosys Ltd | 2.77% | 0% | |
 Mahindra & Mahindra Ltd | 2.67% | 0% |
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Texmaco Rail & Engineering Ltd | 22.6% |
 Amara Raja Energy & Mobility Ltd | 12% |
Mutual Fund Insights
JM Flexicap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2472 Cr
Expense Ratio 0.43%
Frequently Asked Questions
JM Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.81% | 3.81% |
6 Month Returns | 34.15% | 34.15% |
1 Year Returns | 67.24% | 67.24% |
3 Years Returns | 137.33% | 33.39% |
5 Years Returns | 256.99% | 28.98% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Flexicap Fund Direct Growth | 21.7 | 11.16 | 7.62 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Flexicap Fund Direct Growth | 0.91 | 0.94 | 0.92 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
JM Flexicap Fund Direct Growth | 3.8 | 1.79 | 1.15 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
JM Flexicap Fund Direct Growth | 12.06 | 13.47 | 18.78 |