JM Large Cap Fund Direct Growth

Equity
Direct
Large-Cap
JM Large Cap Fund Direct Growth

About the Fund

JM Large Cap Fund Direct Growth 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 Large Cap Fund Direct Growth has ₹234 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

JM Large Cap Fund Direct Growth has given a CAGR return of 15.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 46.65%, 23.06% and 21.08% respectively.

Holdings

JM Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Tech, Consumer Cyclical, Utilities, Energy, Communication, Health, Consumer Defensive. Its top holdings are HDFC Bank Ltd, State Bank of India, Tata Consultancy Services Ltd, Infosys Ltd, Larsen & Toubro Ltd

Taxation

As it is a large-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of JM Large Cap Fund Direct Growth

The investment objective of the scheme is to provide optimum capital growth and appreciation.There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information carefully.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Large Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1121 people have invested ₹ 95.2L in JM Large Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
IND ranking is not available for this fund.
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5Y returns in the top 25% of the category
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Fund Overview

Expense ratio1.01%
Benchmark
S&P BSE 100 India TR INR
AUM₹234 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
102.62%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 97.4%

  • Debt & Cash 2.6%

Large cap
80.2%
Small cap
8.7%
Mid cap
8.5%
Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
22.7%
Basic Materials
17.7%
Industrial
12.5%
Tech
12.4%
Consumer Cyclical
12.3%
Utilities
7.5%
Energy
6.8%
Communication
4%
Health
3%
Consumer Defensive
1.1%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
7.01%
64.2%
State Bank of India
State Bank of India
5.03%
42.1%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
4.87%
407%
Infosys Ltd
Infosys Ltd
4.56%
135%
Larsen & Toubro Ltd
Larsen & Toubro Ltd
4.53%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
JM Large Cap Fund Direct Growth
JM Large Cap Fund Direct Growth
46.7%
23.1%
21.1%
15.1%
Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option
Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option
41.7%
21.4%
21.6%
17.4%
ICICI Prudential Bluechip Fund Direct Plan Growth
ICICI Prudential Bluechip Fund Direct Plan Growth
38.4%
22.3%
21.4%
17.1%
Nippon India Large Cap Fund - Direct Plan - Growth Plan
Nippon India Large Cap Fund - Direct Plan - Growth Plan
38.2%
26.1%
22%
17.8%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Infosys Ltd
Infosys Ltd
20.3%
Grasim Industries Ltd
Grasim Industries Ltd
12.2%
Samvardhana Motherson International Ltd
2.4%

Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Large Cap Fund Direct Growth, since 5 October 2017
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
JM Large Cap Fund (Direct) - Growth
23.06%
17.88%
JM Aggressive Hybrid Fund (Direct) - Growth Option
26.61%
16.44%
JM Value Fund (Direct) - Growth
32.29%
22.86%
Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Large Cap Fund Direct Growth, since 1 December 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
JM Aggressive Hybrid Fund (Direct) - Growth Option
26.61%
16.44%
JM Value Fund (Direct) - Growth
32.29%
22.86%
JM Flexicap Fund (Direct) Growth Option
33.39%
18.85%

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 216.4% growth in AUM moving from 73.8 Cr to 233.53 Cr.
Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 26.1% return, outperforming this fund by 3.12% per annum.
Insights icon
In the last 1 year, Quant Large Cap Fund Direct Growth has given 47.94% return, outperforming this fund by 1.25%.
Insights icon
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 21.98% return, outperforming this fund by 0.97% per annum.

JM Large Cap Fund Direct Growth 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 15.08% since inception which is more than its category average return of 14.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.39% in Equity, 0% in Debt and 2.61% in Cash related instruments
AUM size ₹234 Cr

AUM size ₹234 Cr

This fund has AUM of ₹234 Cr which is less than its category average of ₹ 6761 Cr
Expense Ratio 1.01%

Expense Ratio 1.01%

This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.31%

Frequently Asked Questions

The current NAV of JM Large Cap Fund Direct Growth is ₹183.61 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
JM Large Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.44%
3.44%
6 Month Returns
21.33%
21.33%
1 Year Returns
46.65%
46.65%
3 Years Returns
86.37%
23.06%
5 Years Returns
160.28%
21.08%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.01% as on June 2024
₹234 Cr as on June 2024
HDFC Bank Ltd(7.01%), State Bank of India(5.03%), Tata Consultancy Services Ltd(4.87%), Infosys Ltd(4.56%), Larsen & Toubro Ltd(4.53%) as on June 2024
Financial Services(22.13%), Basic Materials(17.28%), Industrial(12.16%) as on June 2024
The alpha ratio for the JM Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
JM Large Cap Fund Direct Growth
13.39
5.35
6.3
As on June 2024
The alpha for JM Large Cap Fund Direct Growth is calculated against S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
JM Large Cap Fund Direct Growth
0.91
0.89
0.59
As on June 2024
The Beta for JM Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
JM Large Cap Fund Direct Growth
2.88
1.31
1.15
As on June 2024
The sharpe ratio for JM Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
JM Large Cap Fund Direct Growth
11.41
12.4
12.31
As on June 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 2.67 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Asit Bhandarkar, Gurvinder Wasan are the fund managers of JM Large Cap Fund Direct Growth
The Exit load of JM Large Cap Fund Direct Growth is 1%