JM Focused Fund (Direct) - Growth Option
Equity
Direct
Focused Fund
NAV: ₹ 20.57 as on 18-04-2024
Fund Performance
191 people have invested ₹ 5L in JM Focused Fund (Direct) - Growth Option in the last three months
Mutual Fund Insights
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 30.51% return, outperforming this fund by 7.68% per annum.
Over the last 6 months, this fund has experienced a 61.1% growth in AUM moving from 55.22 Cr to 88.96 Cr.
In the last 5 years, Quant Focused fund Growth Option Direct Plan has given 23.95% return, outperforming this fund by 8.88% per annum.
This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.85% which is lower than the category average expense ratio of 1.28%.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 63.92% return, outperforming this fund by 13.65%.
INDmoney Rank of JM Focused Fund (Direct) - Growth Option
Powered by IND quant engine
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
- JM Focused Fund (Direct) - Growth Option has ₹89 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.9.
JM Focused Fund (Direct) - Growth Option Overview
 | 0.85% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹89 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 191.12% |
JM Focused Fund (Direct) - Growth Option Distribution as on (31-Mar-24)
Size breakup
Large cap
53.8%
Mid cap
24.7%
Small cap
19%
Sector Allocation
Consumer Cyclical
28.6%
Financial Services
24.7%
Tech
16.5%
Industrial
13.9%
Utilities
5.9%
Health
5.8%
Energy
2.7%
Real Estate
1.9%
Top Holdings of JM Focused Fund (Direct) - Growth Option as on (31-Mar-24)
Equity Holdings29
JM Focused Fund (Direct) - Growth Option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.31% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.78% in Mar'24
AUM Change
- AUM of the fund stands at 84.5 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in JM Focused Fund (Direct) - Growth Option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Thermax Ltd | 25.2% |
 Hitachi Energy India Ltd | 15.3% |
Peer Analysis
JM Focused Fund (Direct) - Growth Option Fund Manager
Asit Bhandarkar
Fund Manager of JM Focused Fund (Direct) - Growth Option, since 25 February 2009
Top funds managed
Gurvinder Wasan
Fund Manager of JM Focused Fund (Direct) - Growth Option, since 1 December 2022
Top funds managed
JM Focused Fund (Direct) - Growth Option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.9% since inception which is less than its category average return of 16.01%
Fund Allocations
This fund has an allocation of 97.49% in Equity, 0% in Debt and 2.51% in Cash related instruments
AUM size ₹89 Cr
This fund has AUM of ₹89 Cr which is less than its category average of ₹ 4160 Cr
Expense Ratio 0.85%
This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.49%
Frequently Asked Questions
The current NAV of JM Focused Fund (Direct) - Growth Option is ₹20.57 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
JM Focused Fund (Direct) - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 5.04% | 5.04% |
6 Month Returns | 21.2% | 21.2% |
1 Year Returns | 51.56% | 51.56% |
3 Years Returns | 85.91% | 22.96% |
5 Years Returns | 103.62% | 15.28% |
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.
0.85% as on March 2024
₹89 Cr as on March 2024
ICICI Bank Ltd(5.84%), Larsen & Toubro Ltd(5.39%), HDFC Bank Ltd(5.21%), Infosys Ltd(4.9%), Hitachi Energy India Ltd Ordinary Shares(4.6%) as on March 2024
Consumer Cyclical(27.93%), Financial Services(24.1%), Tech(16.11%) as on March 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 | 12.32 | 3.33 | -1.95 |
As on March 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 | 0.83 | 0.92 | 1 |
As on March 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 | 3.37 | 1.17 | 0.54 |
As on March 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 | 10.57 | 13.34 | 20.3 |
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 2.25 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.46 as on March 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%