JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal

Equity
Direct
Value
JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal

About the Fund

JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal 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 Value Fund (Direct) Payout of Income Distribution cum capital withdrawal has ₹839 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 Value Fund (Direct) Payout of Income Distribution cum capital withdrawal has given a CAGR return of 19.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 69.61%, 32.44% and 29.11% respectively.

Holdings

JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Basic Materials, Tech, Health, Energy, Real Estate, Utilities, Consumer Defensive, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Mahindra & Mahindra Ltd, Titagarh Rail Systems 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 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 Value Fund (Direct) Payout of Income Distribution cum capital withdrawal

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

Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 35.7K in JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal in the last three months

Fund Overview

Expense ratio0.97%
Benchmark
S&P BSE 500 India TR INR
AUM₹839 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
91.4%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.4%

  • Debt & Cash 0.6%

Small cap
49.9%

Large cap
28.6%

Mid cap
19.8%

Sector Allocation

Jun'24

May'24

Apr'24

Consumer Cyclical
22.6%
Industrial
22.2%
Financial Services
19.7%
Basic Materials
10.6%
Tech
6.1%
Health
5.6%
Energy
3.8%
Real Estate
3.7%
Utilities
3.5%
Consumer Defensive
1.3%
Communication
0.8%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal, since 11 December 2006
Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal, since 1 December 2022

JM Value Fund (Direct) 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 19.74% since inception which is less than its category average return of 20.1%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.4% in Equity, 0% in Debt and 0.6% in Cash related instruments
AUM size ₹839 Cr

AUM size ₹839 Cr

This fund has AUM of ₹839 Cr which is less than its category average of ₹ 5240 Cr
Expense Ratio 0.97%

Expense Ratio 0.97%

This fund has an expense ratio of 0.97% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal is ₹80.82 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
7.04%
7.04%
6 Month Returns
26.5%
26.5%
1 Year Returns
69.61%
69.61%
3 Years Returns
132.28%
32.44%
5 Years Returns
258.8%
29.11%
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.
0.97% as on June 2024
₹839 Cr as on June 2024
HDFC Bank Ltd(3.93%), ICICI Bank Ltd(2.86%), Infosys Ltd(2.78%), Mahindra & Mahindra Ltd(2.73%), Titagarh Rail Systems Ltd(2.65%) as on June 2024
Consumer Cyclical(22.46%), Industrial(22.1%), Financial Services(19.62%) as on June 2024
The alpha ratio for the JM Value Fund (Direct) 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 Value Fund (Direct) Payout of Income Distribution cum capital withdrawal
21.41
11.15
6
As on June 2024
The alpha for JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal 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) 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 Value Fund (Direct) Payout of Income Distribution cum capital withdrawal
0.94
0.9
1
As on June 2024
The Beta for JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal 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) 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 Value Fund (Direct) Payout of Income Distribution cum capital withdrawal
3.24
1.68
1.03
As on June 2024
The sharpe ratio for JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal 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) 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 Value Fund (Direct) Payout of Income Distribution cum capital withdrawal
14.3
14.03
20.53
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 3.92 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.61 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 Value Fund (Direct) Payout of Income Distribution cum capital withdrawal
The Exit load of JM Value Fund (Direct) Payout of Income Distribution cum capital withdrawal is 1%