JM Focused Fund (Direct) - Growth Option

JM Focused Fund (Direct) - Growth Option

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Equity
Direct
Focused Fund
NAV: ₹ 20.3 as on 23-02-2024
Fund Performance
zero opening, trading, fund transfer fee
173 people have invested ₹ 4.7L in JM Focused Fund (Direct) - Growth Option in the last three months

Mutual Fund Insights

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In the last 5 years, Quant Focused fund Growth Option Direct Plan has given 25.98% return, outperforming this fund by 8.82% per annum.
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In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 29.04% return, outperforming this fund by 7.4% per annum.
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In the last 1 year, Invesco India Focused Fund Direct Growth has given 59.74% return, outperforming this fund by 10.7%.
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Over the last 3 months, this fund has experienced a 56.8% growth in AUM moving from 55.69 Cr to 87.33 Cr.

INDmoney Rank of JM Focused Fund (Direct) - Growth Option

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IND ranking is not available for this fund.

Pros

Beats FD returns for both 3Y & 5Y duration

Cons

No bad points found for this fund.

About the JM Focused Fund (Direct) - Growth Option

JM Focused Fund (Direct) - Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Asit Bhandarkar, Gurvinder Wasan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. JM Focused Fund (Direct) - Growth Option has ₹87 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 1.3.

JM Focused Fund (Direct) - Growth Option Overview

Expense ratio
Expense ratio
1.32%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹87 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
191.12%

JM Focused Fund (Direct) - Growth Option Distribution as on (31-Jan-24)

  • Equity 98.5%

  • Debt & Cash 1.5%

Size breakup

Large cap
50.6%
Mid cap
27%
Small cap
20.8%
Sector Allocation

Jan'24

Dec'23

Nov'23

Consumer Cyclical
30%
Financial Services
19%
Tech
14.4%
Basic Materials
9.3%
Industrial
9%
Real Estate
5.9%
Health
5.1%
Utilities
3.9%
Consumer Defensive
3.6%

Top Holdings of JM Focused Fund (Direct) - Growth Option as on (31-Jan-24)

  • Equity

Equity Holdings30

JM Focused Fund (Direct) - Growth Option: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
4.80%
5.64%
8.99%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at 4.80% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund outperformed Nifty 500 by 3.09% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 80 Cr
₹ 63.8 Cr
₹ 63.8 Cr
  • AUM of the fund stands at 80 Cr as of Jan'24
  • AUM increased by 16.2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in JM Focused Fund (Direct) - Growth Option portfolio Returns for the month of Jan

JM Focused Fund (Direct) - Growth Option Fund Manager

Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Focused Fund (Direct) - Growth Option, since 25 February 2009
Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Focused Fund (Direct) - Growth Option, since 1 December 2022

JM Focused Fund (Direct) - Growth Option 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 15.99% since inception which is less than its category average return of 16.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.46% in Equity, 0% in Debt and 1.54% in Cash related instruments
AUM size ₹87 Cr

AUM size ₹87 Cr

This fund has AUM of ₹87 Cr which is less than its category average of ₹ 4028 Cr
Expense Ratio 1.32%

Expense Ratio 1.32%

This fund has an expense ratio of 1.32% which is less than its category average expense ratio of 1.42%

Frequently Asked Questions

The current NAV of JM Focused Fund (Direct) - Growth Option is ₹20.3 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
JM Focused Fund (Direct) - Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
6.99%
6.99%
6 Month Returns
23.12%
23.12%
1 Year Returns
49.04%
49.04%
3 Years Returns
79.95%
21.63%
5 Years Returns
120.79%
17.16%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.32% as on January 2024
₹87 Cr as on January 2024
Bank of Baroda(5.25%), Hero MotoCorp Ltd(4.76%), Tata Motors Ltd Class A(4.68%), Hitachi Energy India Ltd Ordinary Shares(4.07%), REC Ltd(4.06%) as on January 2024
Consumer Cyclical(29.5%), Financial Services(18.66%), Tech(14.15%) as on January 2024
The alpha ratio for the JM Focused Fund (Direct) - Growth Option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
JM Focused Fund (Direct) - Growth Option
13.32
2.73
-0.79
As on January 2024
The alpha for JM Focused 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 Focused Fund (Direct) - Growth Option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
JM Focused Fund (Direct) - Growth Option
0.81
0.89
1
As on January 2024
The Beta for JM Focused 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 Focused 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 Focused Fund (Direct) - Growth Option
2.79
1.24
0.64
As on January 2024
The sharpe ratio for JM Focused 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 Focused 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 Focused Fund (Direct) - Growth Option
11.51
13.48
20.59
As on January 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 2.42 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.2 as on January 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Asit Bhandarkar, Gurvinder Wasan are the fund managers of JM Focused Fund (Direct) - Growth Option
The Exit load of JM Focused Fund (Direct) - Growth Option is 1%