JM Focused Fund Direct Growth

JM Focused Fund Direct Growth

Equity

JM Financial Mutual Fund

Focused Fund

Get the latest NAV of JM Focused Fund Direct Growth. 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.

₹23.25

▲0.8%1D

NAV as on 27 Jun 2025

15.37%/per year

Since Inception

Absolute Gain%

▲▼

320 people have invested ₹ 14.5L in JM Focused Fund Direct Growth in the last three months

JM Focused Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (27-Jun-25)

The fund has outperformed the benchmark (Nifty 500) over 3Y, 5Y, but underperformed over 1Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
3.56%
2.66%
2.95%
3 Months
7.6%
10.54%
10.36%
6 Months
-2.98%
4.85%
3.11%
1 Year
1.73%
4.82%
5.73%
3 Years
25.47%
20.86%
21.77%
5 Years
22.49%
22.4%
22.22%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
JM Focused Fund
-
279Cr
0.72%
1.73%
25.47%
15.37%
HDFC Focused Fund Direct Growth
1/19
19,578Cr
0.61%
11.64%
29.45%
16.18%
ICICI Prudential Focused Equity Fund Direct Growth
2/19
11,667Cr
0.58%
13.33%
29.09%
16.79%
Invesco India Focused Fund Direct Growth
3/19
3,981Cr
0.63%
11.13%
30.33%
26.67%
See all
Positive: 3Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

JM Focused Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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JM Focused Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 97.7%

Debt & Cash 2.3%

Large cap
65.9%
Mid cap
17.4%
Small cap
11.6%
Large Cap allocation has gone down from 68% to 65.9%
Large Cap allocation has gone down from 68% to 65.9%
Small Cap allocation has gone up from 9.2% to 11.6%
Small Cap allocation has gone up from 9.2% to 11.6%
Mid Cap allocation has gone up from 15.5% to 17.4%
Mid Cap allocation has gone up from 15.5% to 17.4%
Cash allocation has gone down from 4.9% to 2.3%
Cash allocation has gone down from 4.9% to 2.3%

JM Focused Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 97.7%

Debt & Cash 2.3%

Financial Services
32.7%
Consumer Cyclical
17.8%
Industrial
16.5%
Tech
8.5%
Basic Materials
8.5%
Health
8.1%
Consumer Defensive
3.1%
Communication
2.4%
Energy
2.3%

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

May'25

Consumer Cyclical

29%

Financial Services

27%

Industrial

14%

Apr'25

Financial Services

32%

Consumer Cyclical

29%

Industrial

16%

JM Focused Fund Holdings Details

as on (31-May-25)

Equity

Holdings
Weight%
1M Change
Larsen & Toubro Ltd
5.07%
22.2%
Infosys Ltd
5.05%
49.9%
Cholamandalam Investment and Finance Co Ltd
4.98%
0%
ICICI Bank Ltd
4.67%
0%
HDFC Bank Ltd
4.67%
-13.5%
See all
Top Stocks bought last month
Infosys Ltd's allocation increased from 3.47% to 5.05%
Infosys Ltd's allocation increased from 3.47% to 5.05%
Titan Co Ltd's allocation increased from 3.07% to 4.28%
Titan Co Ltd's allocation increased from 3.07% to 4.28%
Larsen & Toubro Ltd's allocation increased from 4.05% to 5.07%
Larsen & Toubro Ltd's allocation increased from 4.05% to 5.07%
Top Stocks sold last month
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 4.98 % to 4.98 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 4.98 % to 4.98 %
HDFC Bank Ltd's allocation decreased from 5.74 % to 4.67 %
HDFC Bank Ltd's allocation decreased from 5.74 % to 4.67 %
ICICI Bank Ltd's allocation decreased from 4.95 % to 4.67 %
ICICI Bank Ltd's allocation decreased from 4.95 % to 4.67 %

JM Focused Fund Direct Growth Overview

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

Expense ratio0.72%
Benchmark
BSE 500 India TR INR
AUM₹279 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
125.98%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About JM Focused Fund

JM Focused Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Asit Bhandarkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. JM Focused Fund Direct Growth has ₹279 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

JM Focused Fund Direct Growth has given a CAGR return of 15.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.73%, 25.47% and 22.49% respectively.

Holdings

JM Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Tech, Health, Basic Materials, Communication, Consumer Defensive. Its top holdings are Larsen & Toubro Ltd, Infosys Ltd, Cholamandalam Investment and Finance Co Ltd, HDFC Bank Ltd, ICICI Bank 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 Direct Growth

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 100.00. JM Focused Fund Direct Growth has no lock in period.

Fund Manager

Asit Bhandarkar

Fund Manager of JM Focused Fund Direct Growth, since 25 February 2009

Learn more about JM Financial Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 278.9 Cr
₹ 259.7 Cr
₹ 246.6 Cr
  • AUM of the fund stands at 278.9 Cr as of May'25
  • AUM increased by 19.2 Cr between May'25 and Apr'25

Compare JM Focused Fund

JM Focused Fund

VS

SBI Focused Equity Fund Direct Growth

Frequently Asked Questions for JM Focused Fund Direct Growth

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 ₹23.25. 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 1.73% in 1 year, 25.47% in 3 years, 22.49% in 5 years.

Who is the fund manager of JM Focused Fund?

The fund managers are Asit Bhandarkar.

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 0.72%. 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 ₹279 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 Larsen & Toubro Ltd(5.07%), Infosys Ltd(5.05%), Cholamandalam Investment and Finance Co Ltd(4.98%)