JM Focused Fund (Direct) - Growth Option

JM Focused Fund (Direct) - Growth Option

JM Focused Fund (Direct) - Growth Option
JM Focused Fund (Direct) - Growth Option

JM Focused Fund (Direct) - Growth Option

Equity
Direct
Focused Fund

NAV: ₹ 13.2 as on 23-09-2022

Fund Performance

INDmoney Rank

Powered by IND quant engine
IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
3Y returns in the bottom 25% of the category
About the Fund

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

Key parameters

1) JM Focused Fund (Direct) - Growth Option has a NAV of 13.219 as on 23-09-2022.

2) JM Focused Fund (Direct) - Growth Option has 43 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 1.6 %.

Fund Overview

Expense ratio
Expense ratio
1.6%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹43 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
92.07%

Fund Distribution

  • Equity 93.3%
  • Debt & Cash 6.7%
Size breakup
Large cap
66.3%
Mid cap
24%
Small cap
2.9%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

30.1%

Consumer Cyclical

23.1%

Tech

9.3%

Industrial

7.6%

Consumer Defensive

7.6%

Basic Materials

7%

Health

5.7%

Energy

5.4%

Utilities

4.2%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings25
Equity Holdings23
Debt Holdings2
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps-Triparty Repo
7.34%
0%
icon
Larsen & Toubro Ltd
7.09%
0%
icon
ICICI Bank Ltd
7.04%
4.5%
icon
HDFC Bank Ltd
5.98%
0%
icon
Maruti Suzuki India Ltd
5.17%
-30.8%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 1.3 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 43.5 Cr
Jul'22
₹ 42.2 Cr
Jun'22
₹ 39 Cr

Fund Returns vs Benchmark

Aug'22
9.20%
9.49%
Jul'22
9.20%
9.49%
Jun'22
-4.53%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
25
25
25
Top 5 Company Concentration
30.3%
33%
34.8%
Company having highest exposure
Larsen & Toubro Ltd (7.1%)
Maruti Suzuki India Ltd (7.4%)
Maruti Suzuki India Ltd (9%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
72.5%
77.9%
74.3%
Sector having highest exposure
Financial Services (28.1%)
Financial Services (28.4%)
Financial Services (28.7%)

Fund Manager

Chaitanya Choksi

Chaitanya Choksi

Managing this fund since 18 July 2014

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
JM Tax Gain Fund (Direct) - Growth
16.52%
16.49%
JM Arbitrage Fund (Direct) - Growth Option
3.45%
3.77%
JM Flexicap Fund (Direct) Growth Option
16.53%
16.36%
Asit Bhandarkar

Asit Bhandarkar

Managing this fund since 25 February 2009

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
JM Tax Gain Fund (Direct) - Growth
16.52%
16.49%
JM Value Fund (Direct) - Growth
16.34%
18.09%
JM Large Cap Fund (Direct) - Growth
14.86%
15%

AMC details

Address
JM Financial Asset Management Private Limited,502, 5th Floor, A - Wing,,Laxmi Towers, Bandra-Kurla Complex,,Bandra-East
Phone
+912261987777
Fund House
JM Financial Asset Management Limited

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 13.42% since inception which is less than its category average return of 14.23%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.27% in Equity, 0% in Debt and 6.73% in Cash related instruments
AUM size ₹43 Cr

AUM size ₹43 Cr

This fund has AUM of ₹43 Cr which is less than its category average of ₹ 3568 Cr
Expense Ratio 1.6%

Expense Ratio 1.6%

This fund has an expense ratio of 1.6% which is more than its category average expense ratio of 1.55%
meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk

Frequently Asked Questions

The current NAV of JM Focused Fund (Direct) - Growth Option is 13.22.
Existing (Absolute + CAGR)
JM Focused Fund (Direct) - Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.7%
0.7%
6 Month Returns
2.71%
2.71%
1 Year Returns
0.07%
0.07%
3 Years Returns
30.29%
9.22%
5 Years Returns
44.09%
7.58%
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.
1.6 as on August 2022
43 Cr as on August 2022
Larsen & Toubro Ltd(7.09%),ICICI Bank Ltd(7.04%),HDFC Bank Ltd(5.98%),Maruti Suzuki India Ltd(5.17%),UltraTech Cement Ltd(5.07%) as on August 2022
Financial Services(28.09%),Consumer Cyclical(21.59%),Tech(8.67%) as on August 2022
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
-1.24
-7.2
-4.73
As on month end.
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
0.97
1.02
1.02
As on month end.
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
0.16
0.46
0.25
As on month end.
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
15.74
23.97
21.53
As on month end.
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.
0.62
Asit Bhandarkar,Chaitanya Choksi are the fund managers of JM Focused Fund (Direct) - Growth Option
The Exit load of JM Focused Fund (Direct) - Growth Option is 1%