JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal
Equity
Direct
Value
NAV: ₹ 65.93 as on 18-04-2024
Fund Performance
About the JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal
JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan, Asit Bhandarkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal has ₹581 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.8.
JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal Overview
 | 0.81% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹581 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 91.4% |
JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal Distribution as on (31-Mar-24)
Size breakup
Small cap
40.9%
Large cap
37.4%
Mid cap
16.9%
Sector Allocation
Financial Services
22.2%
Consumer Cyclical
22.1%
Industrial
18.5%
Tech
9.1%
Health
7%
Consumer Defensive
6.1%
Basic Materials
6%
Real Estate
4.3%
Utilities
2.7%
Communication
2.1%
Top Holdings of JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal as on (31-Mar-24)
Equity Holdings53
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ITC Ltd | 4.28% | 100% | |
 ICICI Bank Ltd | 4.22% | 107.4% | |
 HDFC Bank Ltd | 4.08% | 135% | |
 Larsen & Toubro Ltd | 3.73% | 15% | |
 Infosys Ltd | 3.46% | 0% |
See all
JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -2.01% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 1.55% in Mar'24
AUM Change
- AUM of the fund stands at 580.5 Cr as of Mar'24
- AUM increased by 25.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Kalpataru Projects International Ltd | 17.6% |
 Aurobindo Pharma Ltd | 8.2% |
 ITC Ltd | 1.8% |
Peer Analysis
JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal Fund Manager
Gurvinder Wasan
Fund Manager of JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal, since 1 December 2022
Top funds managed
Asit Bhandarkar
Fund Manager of JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal, since 11 December 2006
Top funds managed
JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal 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 18.06% since inception which is more than its category average return of 17.94%
Fund Allocations
This fund has an allocation of 97.35% in Equity, 0% in Debt and 2.65% in Cash related instruments
AUM size ₹581 Cr
This fund has AUM of ₹581 Cr which is less than its category average of ₹ 4632 Cr
Expense Ratio 0.81%
This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal is ₹65.93 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 5.54% | 5.54% |
6 Month Returns | 22.68% | 22.68% |
1 Year Returns | 62.03% | 62.03% |
3 Years Returns | 116.5% | 29.37% |
5 Years Returns | 178.39% | 22.72% |
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0.81% as on March 2024
₹581 Cr as on March 2024
ITC Ltd(4.28%), ICICI Bank Ltd(4.22%), HDFC Bank Ltd(4.08%), Larsen & Toubro Ltd(3.73%), Infosys Ltd(3.46%) as on March 2024
Financial Services(21.57%), Consumer Cyclical(21.5%), Industrial(18%) as on March 2024
The alpha ratio for the JM Value Fund (Direct) Reinvestment 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) Reinvestment of Income Distribution cum capital withdrawal | 17.58 | 8.6 | 4.32 |
As on March 2024
The alpha for JM Value Fund (Direct) Reinvestment 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) Reinvestment 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) Reinvestment of Income Distribution cum capital withdrawal | 0.85 | 0.87 | 1 |
As on March 2024
The Beta for JM Value Fund (Direct) Reinvestment 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) Reinvestment 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) Reinvestment of Income Distribution cum capital withdrawal | 3.24 | 1.52 | 0.85 |
As on March 2024
The sharpe ratio for JM Value Fund (Direct) Reinvestment 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) Reinvestment 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) Reinvestment of Income Distribution cum capital withdrawal | 12.84 | 13.37 | 20.2 |
As on March 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 3.37 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.19 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Gurvinder Wasan, Asit Bhandarkar are the fund managers of JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal
The Exit load of JM Value Fund (Direct) Reinvestment of Income Distribution cum capital withdrawal is 1%