JM Focused Fund (Direct) - IDCW Reinvestment Option
JM Focused Fund (Direct) - IDCW Reinvestment Option
Equity
Direct
Focused Fund
NAV: ₹ 13 as on 23-09-2022
Fund Performance
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 Chaitanya Choksi, Asit Bhandarkar. The fund could potentially beat inflation in the long-run.
Key parameters
1) JM Focused Fund (Direct) - IDCW Reinvestment Option has a NAV of ₹12.955 as on 23-09-2022.
2) JM Focused Fund (Direct) - IDCW Reinvestment 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 | 1.6% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹43 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 92.07% |
Fund Distribution
Size breakup
Large cap
66.3%
Mid cap
24%
Small cap
2.9%
Sector Allocation
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
Total Holdings25
Equity Holdings23
Debt Holdings2
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
Treps-Triparty Repo | 7.34% | 0% | |
Larsen & Toubro Ltd | 7.09% | 0% | |
ICICI Bank Ltd | 7.04% | 4.5% | |
HDFC Bank Ltd | 5.98% | 0% | |
Maruti Suzuki India Ltd | 5.17% | -30.8% |
See all
What changed
in last one month
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
Winners & Losers (Aug-22)
Top Growth Drivers | 1M Return |
|---|---|
Titan Company Ltd | 20.9% |
ICICI Bank Ltd | 16.3% |
Larsen & Toubro Ltd | 15% |
Top Losers | 1M Return |
|---|---|
Dr Reddys Laboratories Ltd | -6.7% |
United Spirits Ltd | -1.2% |
Ambuja Cements Ltd | 2% |
Peer Analysis
Fund Manager
Chaitanya Choksi
Managing this fund since 18 July 2014
Top funds managed
Asit Bhandarkar
Managing this fund since 25 February 2009
Top funds managed
AMC details
Address
JM Financial Asset Management Private Limited,502, 5th Floor, A - Wing,,Laxmi Towers, Bandra-Kurla Complex,,Bandra-East
Email
Phone
+912261987777
Fund House
JM Financial Asset Management Limited
Fund Highlights
About the fund
This fund has delivered an average annual returns of 13.18% since inception which is less than its category average return of 14.23%
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
This fund has AUM of ₹43 Cr which is less than its category average of ₹ 3568 Cr
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%
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) - IDCW Reinvestment Option is 12.96.
Existing (Absolute + CAGR)
JM Focused Fund (Direct) - IDCW Reinvestment Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 2.71% | 2.71% |
1 Year Returns | 0.07% | 0.07% |
3 Years Returns | 30.29% | 9.22% |
5 Years Returns | 44.08% | 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) - 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 | -1.24 | -7.2 | -4.73 |
As on month end.
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 | 0.97 | 1.02 | 1.02 |
As on month end.
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 | 0.16 | 0.46 | 0.25 |
As on month end.
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 | 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
Chaitanya Choksi,Asit Bhandarkar 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%