JM Focused Fund (Direct) - IDCW Reinvestment Option
Equity
Direct
Focused Fund
NAV: ₹ 16.5 as on 20-09-2023
Fund Performance
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
- 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.
- The fund has an expense ratio 1.6.
JM Focused Fund (Direct) - IDCW Reinvestment Option Overview
 | 1.59% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹52 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 191.12% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
48.6%
Mid cap
36%
Small cap
13.7%
Sector Allocation
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 Holdings27
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 REC Ltd | 6.54% | 0% | |
 ITC Ltd | 4.92% | 0% | |
 Larsen & Toubro Ltd | 4.76% | 0% | |
 UltraTech Cement Ltd | 4.32% | 0% | |
 Maruti Suzuki India Ltd | 4.29% | 0% |
See all
JM Focused Fund (Direct) - IDCW Reinvestment Option: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- 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
- 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
Top Losers | 1M Return |
|---|---|
 Bank of Baroda | -6.9% |
 HDFC Bank Ltd | -5.5% |
 ITC Ltd | -5.4% |
Peer Analysis
JM Focused Fund (Direct) - IDCW Reinvestment Option Fund Manager
Asit Bhandarkar
Fund Manager of JM Focused Fund (Direct) - IDCW Reinvestment Option, since 25 February 2009
Top funds managed
Gurvinder Wasan
Fund Manager of JM Focused Fund (Direct) - IDCW Reinvestment Option, since 1 December 2022
Top funds managed
Fund 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 14.45% since inception which is less than its category average return of 14.47%
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
This fund has AUM of ₹52 Cr which is less than its category average of ₹ 3715 Cr
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% |
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.
1.59% 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%