Hybrid
Direct
Aggressive Allocation
NAV as on 05-09-2024
₹ 146.2
Inception Returns
16.3%
/yr
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.
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.
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.
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).
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 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.
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 |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Government, Corporate & Consumer Cyclical
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% |
AAA | 100 |