JM Focused Fund (Direct) - Growth Option

JM Focused Fund (Direct) - Growth Option

Equity

JM Financial Mutual Fund

Focused Fund

Get the latest NAV of JM Focused Fund (Direct) - Growth Option. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹23.13

▲0.1%1D

NAV as on 30 Sep 2026

13.86%/per year

Since Inception

Absolute Gain%

▲▼

192 people have invested ₹ 14L in JM Focused Fund in the last three months

JM Focused Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (30-Sep-26)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-5.97%
-1.4%
15.49%
0%
11.2%
11.96%
Nifty 500
-5.88%
-4.02%
7.52%
-2.91%
8.47%
7.96%
Focused Fund Avg
-5.5%
-1.61%
12.56%
1.3%
10.7%
9.58%
Best in Focused Fund
0.36%
9.14%
31.64%
27.83%
19.81%
17.15%
Worst in Focused Fund
-7.64%
-6%
-1.38%
-11.08%
6.34%
3.45%
Category Rank
10/24
14/24
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--
--
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Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
JM Focused Fund
12/25
293Cr
1.32%
0%
11.2%
1.92
1.05
0.34
0.50
0.34
HDFC Focused Fund
1/25
28,201Cr
0.8%
-2.5%
14.43%
4.92
0.80
0.84
1.24
0.96
ICICI Prudential Focused Fund
2/25
17,949Cr
1.17%
-0.53%
15.77%
6.04
0.96
0.81
1.25
1.66
Invesco India Focused Fund
3/25
6,454Cr
0.7%
4.49%
19.96%
9.97
1.03
0.94
1.58
1.39
See all

JM Focused Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

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Profit

Total Corpus

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Absolute Return
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JM Focused Fund Asset Allocation

See fund asset allocation details as on (14-Sep-26)

Fund Distribution

as on (14-Sep-26)

Large cap
46.6%
Mid cap
29%
Small cap
22%
Mid Cap allocation has gone down from 28% to 27%
Mid Cap allocation has gone down from 28% to 27%
Large Cap allocation has gone down from 52% to 46.8%
Large Cap allocation has gone down from 52% to 46.8%
Small Cap allocation has gone up from 18.8% to 25.1%
Small Cap allocation has gone up from 18.8% to 25.1%
Cash allocation has gone down from 1.2% to 1.1%
Cash allocation has gone down from 1.2% to 1.1%

JM Focused Fund Sector Allocation

See fund sector allocation details as on (14-Sep-26)

Sector Allocation

Financial Services
26.1%
Consumer Cyclical
24.8%
Industrial
15.3%
Tech
9.7%
Health
6.7%
Basic Materials
5.9%
Consumer Defensive
4.7%
Communication
4.1%
Utilities
2.8%

Top 3 Sectors in August were Financial Services, Consumer Cyclical & Industrial

Aug'26

Financial Services

29%

Consumer Cyclical

28%

Industrial

17%

Jul'26

Financial Services

28%

Consumer Cyclical

25%

Industrial

18%

JM Focused Fund Holdings Details

as on (31-Aug-26)

Top Stocks bought last month
Bajaj Finance Ltd's allocation increased from 3.62% to 4.61%
Bajaj Finance Ltd's allocation increased from 3.62% to 4.61%
InterGlobe Aviation Ltd's allocation increased from 1.83% to 2.65%
InterGlobe Aviation Ltd's allocation increased from 1.83% to 2.65%
Coforge Ltd's allocation increased from 2.53% to 3.31%
Coforge Ltd's allocation increased from 2.53% to 3.31%
Top Stocks sold last month
Ujjivan Small Finance Bank Ltd Ordinary Shares's allocation decreased from 5.21 % to 5.16 %
Ujjivan Small Finance Bank Ltd Ordinary Shares's allocation decreased from 5.21 % to 5.16 %
Larsen & Toubro Ltd's allocation decreased from 5.05 % to 4.99 %
Larsen & Toubro Ltd's allocation decreased from 5.05 % to 4.99 %
Amber Enterprises India Ltd Ordinary Shares's allocation decreased from 4.93 % to 4.75 %
Amber Enterprises India Ltd Ordinary Shares's allocation decreased from 4.93 % to 4.75 %

JM Focused Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.32%
Benchmark
BSE 500 India TR INR
AUM₹293 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1,000/₹1,000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
97.87%
Risk
Risk meter
pointer
Very High Risk

About JM Focused Fund

JM Focused Fund (Direct) - Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ruchi Fozdar, Asit Bhandarkar, Deepak Gupta, Satish Ramanathan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. JM Focused Fund has ₹293 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
  2. The fund has an expense ratio 1.3.

Returns

JM Focused Fund has given a CAGR return of 13.86% since inception.

Holdings

JM Focused Fund has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Tech, Consumer Defensive, Health, Utilities, Basic Materials. Its top holdings are Coforge Ltd, IDFC First Bank Ltd, Ujjivan Small Finance Bank Ltd Ordinary Shares, Bajaj Finance Ltd, Larsen & Toubro Ltd

Taxation

As it is a focused fund mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of JM Focused Fund

The investment objective of the Scheme is to generate long-term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. However there can be no assurance that the investment objective 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 1000.00. JM Focused Fund has no lock in period.

Fund Manager

Ruchi Fozdar

Fund Manager of JM Focused Fund, since 4 October 2024

Asit Bhandarkar

Fund Manager of JM Focused Fund, since 25 February 2009

Deepak Gupta

Fund Manager of JM Focused Fund, since 11 April 2025

Satish Ramanathan

Fund Manager of JM Focused Fund, since 1 October 2024

Learn more about JM Financial Mutual Fund
Parameters
Aug'26
Jul'26
Jun'26
AUM
₹ 289 Cr
₹ 286.3 Cr
₹ 286.3 Cr
  • AUM of the fund stands at 289 Cr as of Aug'26
  • AUM increased by 2.7 Cr between Aug'26 and Jul'26

Compare JM Focused Fund

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Frequently Asked Questions for JM Focused Fund (Direct) - Growth Option

How do I invest in JM Focused Fund?

INDmoney makes it simple to invest in the JM Focused Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘JM Focused Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of JM Focused Fund?

The NAV of the fund today is ₹23.13. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

JM Focused Fund fund has generated a return of 0.00% in 1 year, 11.20% in 3 years, 11.96% in 5 years.

Who is the fund manager of JM Focused Fund?

The fund managers are Ruchi Fozdar, Asit Bhandarkar, Deepak Gupta, Satish Ramanathan.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 1.32%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹293 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of JM Focused Fund?

The top 3 holdings of the fund are Coforge Ltd(5.74%), IDFC First Bank Ltd(5.06%), Ujjivan Small Finance Bank Ltd Ordinary Shares(4.84%)