JM Value Fund Direct Growth
Equity
Direct
Value
NAV as on 06-09-2024
₹ 121.69
▲0.5%
1D
Inception Returns
20.1%
/yr
About the Fund
JM Value 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
- JM Value Fund Direct Growth has ₹1343 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
JM Value Fund Direct Growth has given a CAGR return of 20.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 58.93%, 31.50% and 31.42% respectively.
Holdings
JM Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Basic Materials, Health, Utilities, Tech, Energy, Real Estate, Consumer Defensive, Communication. Its top holdings are HDFC Bank Ltd, Infosys Ltd, State Bank of India, Suzlon Energy Ltd, NTPC Ltd
Taxation
As it is a value 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of JM Value Fund Direct Growth
JM Value Fund is an open-ended diversified equity scheme which aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Value Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
2600 people have invested ₹ 3.4Cr in JM Value Fund Direct Growth in the last three months
INDmoney Rank
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IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.91% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1343 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 98.19% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Small cap
44.3%
Large cap
30.6%
Mid cap
19.2%
Sector Allocation
Consumer Cyclical
22.3%
Industrial
19.5%
Financial Services
19.2%
Basic Materials
13.1%
Health
6.3%
Utilities
5.3%
Tech
4.5%
Energy
4%
Real Estate
3.3%
Consumer Defensive
1.6%
Communication
0.8%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 6.31% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 2.78% in Jul'24
- AUM of the fund stands at 839 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top Stocks bought last month
NTPC Ltd's allocation increased from 1.13% to 2.53%
Suven Pharmaceuticals Ltd's allocation increased from 1.16% to 1.94%
State Bank of India's allocation increased from 1.97% to 2.65%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 3.93 % to 3.21 %
ICICI Bank Ltd's allocation decreased from 2.86 % to 2.46 %
LIC Housing Finance Ltd's allocation decreased from 2.45 % to 2.28 %
Small Cap allocation has gone down from 49.9% to 47.5%
Cash allocation has gone up from 0.6% to 2.6%
Top 3 Sectors in July were Consumer Cyclical, Industrial & Financial Services
Jul'24
Consumer Cyclical
22%
Industrial
19%
Financial Services
19%
Jun'24
Consumer Cyclical
23%
Industrial
22%
Financial Services
20%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 3.21% | 0% | |
 Infosys Ltd | 2.83% | 0% | |
 State Bank of India | 2.65% | 53.8% | |
 Suzlon Energy Ltd | 2.6% | 12.1% | |
 NTPC Ltd | 2.53% | 140% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Voltas Ltd | 22.6% |
 Oil India Ltd | 18.5% |
 Suzlon Energy Ltd | 9.3% |
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Asit Bhandarkar
Fund Manager of JM Value Fund Direct Growth, since 11 December 2006
Top funds managed
Gurvinder Wasan
Fund Manager of JM Value Fund Direct Growth, since 1 December 2022
Top funds managed
Fund House
JM Financial Asset Management Limited
Total Schemes
Total AUM
₹17.96K Cr
as on 31-Jul-2024
Address
JM Financial Asset Management Private Limited,502, 5th Floor, A - Wing,,Laxmi Towers, Bandra-Kurla Complex,,Bandra-East
Phone
+912261987777
Website
investor@jmfl.com
Mutual Fund Insights
In the last 5 years, this fund has outperformed all funds in its category.
In the last 1 year, Quant Value Fund Direct Growth has given 68.23% return, outperforming this fund by 9.3%.
Over the last 1 month, this fund has experienced a 60.1% growth in AUM moving from 839.05 Cr to 1.34K Cr.
In the last 3 years, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (value). Its expense ratio is 0.91% which is lower than the category average expense ratio of 1.31%.
JM Value Fund Direct Growth 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 20.11% since inception which is less than its category average return of 20.13%
Fund Allocations
This fund has an allocation of 97.44% in Equity, 0% in Debt and 2.56% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 5564 Cr
Expense Ratio 0.91%
This fund has an expense ratio of 0.91% which is less than its category average expense ratio of 1.42%
Frequently Asked Questions
The current NAV of JM Value Fund Direct Growth is ₹121.69 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
JM Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.9% | 6.9% |
6 Month Returns | 26.26% | 26.26% |
1 Year Returns | 58.93% | 58.93% |
3 Years Returns | 127.39% | 31.5% |
5 Years Returns | 292.06% | 31.42% |
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.
0.91% as on August 2024
₹1343 Cr as on August 2024
HDFC Bank Ltd(3.21%), Infosys Ltd(2.83%), State Bank of India(2.65%), Suzlon Energy Ltd(2.6%), NTPC Ltd(2.53%) as on August 2024
Consumer Cyclical(21.76%), Industrial(19%), Financial Services(18.67%) as on August 2024
The alpha ratio for the JM Value Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Value Fund Direct Growth | 13.69 | 11.44 | 6.86 |
As on August 2024
The alpha for JM Value Fund Direct Growth 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Value Fund Direct Growth | 1.02 | 0.95 | 1 |
As on August 2024
The Beta for JM Value Fund Direct Growth 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
JM Value Fund Direct Growth | 2.99 | 1.66 | 1.21 |
As on August 2024
The sharpe ratio for JM Value Fund Direct Growth 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
JM Value Fund Direct Growth | 14.32 | 14.18 | 20.08 |
As on August 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 3.9 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.88 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Asit Bhandarkar, Gurvinder Wasan are the fund managers of JM Value Fund Direct Growth
The Exit load of JM Value Fund Direct Growth is 1%