JM Aggressive Hybrid Fund Direct Growth
Hybrid
Direct
Aggressive Allocation
NAV as on 05-09-2024
₹ 146.2
Inception Returns
16.3%
/yr
About the Fund
JM Aggressive Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan, Asit Bhandarkar. This fund gives you the benefit of diversification.
Key Parameters
- JM Aggressive Hybrid Fund Direct Growth has ₹487 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
JM Aggressive Hybrid Fund Direct Growth has given a CAGR return of 16.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 51.43%, 25.02% and 28.46% respectively.
Holdings
JM Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Tech, Basic Materials, Consumer Defensive, Health, Energy, Real Estate.
Taxation
As it is a aggressive allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of JM Aggressive Hybrid Fund Direct Growth
The investment objective of the Scheme is to provide steady current income as well as long term growth of capital. There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information carefully.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Aggressive Hybrid Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.6% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
| AUM | ₹487 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 130.82% |
| 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 (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
- AUM of the fund stands at 305.7 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 3 Sectors in July were Government, Corporate & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 3.32% | 0% | |
 Varun Beverages Ltd | 2.92% | 50% | |
 REC Ltd | 2.78% | 55.4% | |
 Tata Motors Ltd Class A | 2.73% | 51.2% | |
 Larsen & Toubro Ltd | 2.35% | 50% |
Mutual Fund Insights
JM Aggressive Hybrid Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.6%
Frequently Asked Questions
JM Aggressive Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.9% | 2.9% |
6 Month Returns | 20.87% | 20.87% |
1 Year Returns | 51.43% | 51.43% |
3 Years Returns | 95.39% | 25.02% |
5 Years Returns | 249.82% | 28.46% |
- 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.
AAA | 100 |