JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal

Equity
Direct
Large-Cap
JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal

About the Fund

JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is an equity fund. This fund was started on 22 June, 2015. The fund is managed by Gurvinder Wasan, Asit Bhandarkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal has ₹192 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal has given a CAGR return of 13.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 47.73%, 22.14% and 19.74% respectively.

Holdings

JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Industrial, Tech, Energy, Health, Utilities, Communication, Consumer Defensive. Its top holdings are Larsen & Toubro Ltd, HDFC Bank Ltd, Grasim Industries Ltd, State Bank of India, Hindalco Industries 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) Half Yearly Payout of Income Distribution cum capital withdrawal

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) Half Yearly Payout of Income Distribution cum capital withdrawal has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
1.01%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹192 Cr
Inception Date
Inception Date
22 June, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
102.62%

Fund Distribution
as on (31-May-24)

  • Equity 94%

  • Debt & Cash 6%

Large cap
78.8%

Mid cap
8.4%

Small cap
6.9%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
26.6%
Basic Materials
17.4%
Consumer Cyclical
15.4%
Industrial
10.9%
Tech
7%
Energy
6.3%
Health
5.9%
Utilities
5.6%
Communication
3.8%
Consumer Defensive
1.2%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal, since 1 December 2022
Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal, since 5 October 2017

JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal 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 13.58% since inception which is less than its category average return of 14.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.99% in Equity, 0% in Debt and 6.01% in Cash related instruments
AUM size ₹192 Cr

AUM size ₹192 Cr

This fund has AUM of ₹192 Cr which is less than its category average of ₹ 6321 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 1.32%

Frequently Asked Questions

The current NAV of JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is ₹72.17 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
6.82%
6.82%
6 Month Returns
22.39%
22.39%
1 Year Returns
47.73%
47.73%
3 Years Returns
82.19%
22.14%
5 Years Returns
146.17%
19.74%
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.
1.01% as on May 2024
₹192 Cr as on May 2024
Larsen & Toubro Ltd(5.7%), HDFC Bank Ltd(4.72%), Grasim Industries Ltd(4.47%), State Bank of India(4.22%), Hindalco Industries Ltd(4.06%) as on May 2024
Financial Services(24.97%), Basic Materials(16.31%), Consumer Cyclical(14.46%) as on May 2024
The alpha ratio for the JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal
13.7
5.49
5.87
As on May 2024
The alpha for JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal 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) Half Yearly Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal
1
0.9
0.59
As on May 2024
The Beta for JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal 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) Half Yearly Payout of Income Distribution cum capital withdrawal 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) Half Yearly Payout of Income Distribution cum capital withdrawal
2.84
1.22
1.05
As on May 2024
The sharpe ratio for JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal 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) Half Yearly Payout of Income Distribution cum capital withdrawal 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) Half Yearly Payout of Income Distribution cum capital withdrawal
11.19
12.15
12.21
As on May 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 2.45 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.11 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Gurvinder Wasan, Asit Bhandarkar are the fund managers of JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal
The Exit load of JM Large Cap Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is 1%