JM Focused Fund (Direct) - IDCW Reinvestment Option

JM Focused Fund (Direct) - IDCW Reinvestment Option

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Equity
Direct
Focused Fund

NAV: ₹ 16.5 as on 20-09-2023

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 1.5K in JM Focused Fund (Direct) - IDCW Reinvestment Option in the last three months

About the Fund

JM Focused Fund (Direct) - IDCW Reinvestment 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) - IDCW Reinvestment Option has ₹52 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
  2. The fund has an expense ratio 1.6.

JM Focused Fund (Direct) - IDCW Reinvestment Option Overview

Expense ratio
Expense ratio
1.59%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹52 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%

Fund Distribution as on (31-Aug-23)

  • Equity 98.3%

  • Debt & Cash 1.7%

Size breakup

Large cap
48.6%
Mid cap
36%
Small cap
13.7%

Sector Allocation

Aug'23

Jul'23

Jun'23

Consumer Cyclical

33.6%

Financial Services

21.3%

Tech

13%

Industrial

8.5%

Real Estate

6.9%

Basic Materials

5.5%

Consumer Defensive

5%

Health

3.2%

Energy

3%

Top Holdings of JM Focused Fund (Direct) - IDCW Reinvestment Option as on (31-Aug-23)

  • Equity

Equity Holdings27

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

All changes are between Jun'23 and Aug'23

Fund Performance

Aug'23
Jul'23
Jun'23
Fund Returns
3.02%
4.09%
5.63%
Nifty 500
-0.74%
3.21%
4.25%
  • This fund’s returns stands at 3.02% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
  • This fund outperformed Nifty 500 by 3.77% in Aug'23

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 51.8 Cr
₹ 50.8 Cr
₹ 48.2 Cr
  • AUM of the fund stands at 51.8 Cr as of Aug'23
  • AUM increased by 1 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

Gainers & Losers in JM Focused Fund (Direct) - IDCW Reinvestment Option portfolio Returns for the month of Aug

JM Focused Fund (Direct) - IDCW Reinvestment Option Fund Manager

Asit Bhandarkar

Asit Bhandarkar

Fund Manager of JM Focused Fund (Direct) - IDCW Reinvestment Option, since 25 February 2009
Gurvinder Wasan

Gurvinder Wasan

Fund Manager of JM Focused Fund (Direct) - IDCW Reinvestment Option, since 1 December 2022

Fund 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 14.45% since inception which is less than its category average return of 14.47%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.35% in Equity, 0% in Debt and 1.65% in Cash related instruments
AUM size ₹52 Cr

AUM size ₹52 Cr

This fund has AUM of ₹52 Cr which is less than its category average of ₹ 3715 Cr
Expense Ratio 1.59%

Expense Ratio 1.59%

This fund has an expense ratio of 1.59% which is more than its category average expense ratio of 1.5%

Frequently Asked Questions

The current NAV of JM Focused Fund (Direct) - IDCW Reinvestment Option is ₹16.5 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
JM Focused Fund (Direct) - IDCW Reinvestment Option
Absolute Returns
CAGR Returns
1 Month Returns
3.83%
3.83%
6 Month Returns
27.43%
27.43%
1 Year Returns
23.6%
23.6%
3 Years Returns
93.1%
24.53%
5 Years Returns
80.91%
12.59%
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1.59% as on August 2023
₹52 Cr as on August 2023
REC Ltd(6.54%), ITC Ltd(4.92%), Larsen & Toubro Ltd(4.76%), UltraTech Cement Ltd(4.32%), Maruti Suzuki India Ltd(4.29%) as on August 2023
Consumer Cyclical(33.01%), Financial Services(20.94%), Tech(12.78%) as on August 2023
The alpha ratio for the JM Focused Fund (Direct) - IDCW Reinvestment Option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
JM Focused Fund (Direct) - IDCW Reinvestment Option
11.51
0.21
-1.6
As on August 2023
The alpha for JM Focused Fund (Direct) - IDCW Reinvestment 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) - IDCW Reinvestment Option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
JM Focused Fund (Direct) - IDCW Reinvestment Option
0.83
0.99
1.02
As on August 2023
The Beta for JM Focused Fund (Direct) - IDCW Reinvestment 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) - IDCW Reinvestment 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) - IDCW Reinvestment Option
1.42
1.12
0.35
As on August 2023
The sharpe ratio for JM Focused Fund (Direct) - IDCW Reinvestment 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) - IDCW Reinvestment 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) - IDCW Reinvestment Option
11.1
15.67
21.41
As on August 2023
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 2.35 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Asit Bhandarkar, Gurvinder Wasan are the fund managers of JM Focused Fund (Direct) - IDCW Reinvestment Option
The Exit load of JM Focused Fund (Direct) - IDCW Reinvestment Option is 1%