JM Flexicap Fund (Direct) Growth Option

JM Flexicap Fund (Direct) Growth Option

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Equity
Direct
Flexi Cap
NAV: ₹ 97.36 as on 16-04-2024
Fund Performance
zero opening, trading, fund transfer fee
3542 people have invested ₹ 4.3Cr in JM Flexicap Fund (Direct) Growth Option in the last three months

Mutual Fund Insights

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In the last 1 year, Quant Flexi Cap Fund Growth Option Direct Plan has given 62.08% return, outperforming this fund by 2.02%.
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In the last 3 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.41% return, outperforming this fund by 4.43% per annum.
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Over the last 6 months, this fund has experienced a 176.9% growth in AUM moving from 640.69 Cr to 1.77K Cr.
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This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.23% which is lower than the category average expense ratio of 1.17%.
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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 30.88% return, outperforming this fund by 7.1% per annum.

INDmoney Rank of JM Flexicap Fund (Direct) Growth Option

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IND ranking is not available for this fund.

Pros

5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration

Cons

No bad points found for this fund.

About the JM Flexicap Fund (Direct) Growth Option

JM Flexicap Fund (Direct) Growth Option 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

  1. JM Flexicap Fund (Direct) Growth Option has ₹1774 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

JM Flexicap Fund (Direct) Growth Option Overview

Expense ratio
Expense ratio
0.23%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹1774 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
119.35%

JM Flexicap Fund (Direct) Growth Option Distribution as on (31-Mar-24)

  • Equity 98.6%

  • Debt & Cash 1.4%

Size breakup

Large cap
51.5%
Small cap
31%
Mid cap
15.2%
Sector Allocation

Mar'24

Feb'24

Jan'24

Financial Services
23.3%
Consumer Cyclical
18.3%
Industrial
17%
Tech
10.7%
Health
6%
Basic Materials
6%
Consumer Defensive
5.9%
Utilities
5.9%
Communication
3.7%
Real Estate
3.1%

Top Holdings of JM Flexicap Fund (Direct) Growth Option as on (31-Mar-24)

  • Equity

Equity Holdings56

JM Flexicap Fund (Direct) Growth Option: Monthly Changes Updates

All changes are between Jan'24 and Mar'24
Fund Performance
Mar'24
Feb'24
Jan'24
Fund Returns
-0.43%
4.48%
4.81%
Nifty 500
-0.47%
1.58%
1.71%
  • This fund’s returns stands at -0.43% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
  • This fund outperformed Nifty 500 by 0.04% in Mar'24
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 1.7K Cr
₹ 1.7K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.7K Cr as of Mar'24
  • AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes

Gainers & Losers in JM Flexicap Fund (Direct) Growth Option portfolio Returns for the month of Mar

JM Flexicap Fund (Direct) Growth Option Fund Manager

Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Flexicap Fund (Direct) Growth Option, since 1 December 2022

JM Flexicap Fund (Direct) Growth Option Highlights

Risk meter
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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 18.95% since inception which is more than its category average return of 18.03%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.64% in Equity, 0% in Debt and 1.36% in Cash related instruments
AUM size ₹1774 Cr

AUM size ₹1774 Cr

This fund has AUM of ₹1774 Cr which is less than its category average of ₹ 7384 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions

The current NAV of JM Flexicap Fund (Direct) Growth Option is ₹97.36 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
JM Flexicap Fund (Direct) Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
5.37%
5.37%
6 Month Returns
26.14%
26.14%
1 Year Returns
60.06%
60.06%
3 Years Returns
114.59%
28.98%
5 Years Returns
190.53%
23.78%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.23% as on March 2024
₹1774 Cr as on March 2024
HDFC Bank Ltd(5.6%), ICICI Bank Ltd(4.47%), Larsen & Toubro Ltd(4.47%), Infosys Ltd(3.36%), State Bank of India(3.35%) as on March 2024
Financial Services(23.03%), Consumer Cyclical(18.09%), Industrial(16.8%) as on March 2024
The alpha ratio for the JM Flexicap Fund (Direct) Growth Option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
JM Flexicap Fund (Direct) Growth Option
17.18
7.78
6.01
As on March 2024
The alpha for JM Flexicap Fund (Direct) Growth Option is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the JM Flexicap Fund (Direct) Growth Option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
JM Flexicap Fund (Direct) Growth Option
0.85
0.9
0.91
As on March 2024
The Beta for JM Flexicap Fund (Direct) Growth Option is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the JM Flexicap Fund (Direct) Growth Option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
JM Flexicap Fund (Direct) Growth Option
3.99
1.56
0.97
As on March 2024
The sharpe ratio for JM Flexicap Fund (Direct) Growth Option is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the JM Flexicap Fund (Direct) Growth Option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
JM Flexicap Fund (Direct) Growth Option
10.31
12.71
18.34
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.68 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.66 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Gurvinder Wasan is the fund manager of JM Flexicap Fund (Direct) Growth Option
The Exit load of JM Flexicap Fund (Direct) Growth Option is 1%