JM Flexicap Fund Direct Growth

JM Flexicap Fund Direct Growth

NAV as on 17-04-2025

₹ 106.21

1.3%

1D

Inception Returns

18.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
44868 people have invested ₹ 26.8Cr in JM Flexicap Fund Direct Growth in the last three months

About JM Flexicap Fund Direct Growth

JM Flexicap 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 Flexicap Fund Direct Growth has ₹5263 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

JM Flexicap Fund Direct Growth has given a CAGR return of 18.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.09%, 23.50% and 28.85% respectively.

Holdings

JM Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Consumer Defensive, Basic Materials, Utilities, Energy, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Sun Pharmaceuticals Industries Ltd, Cholamandalam Investment and Finance Co Ltd

Taxation

As it is a flexi cap 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 Flexicap Fund Direct Growth

JM Flexicap Fund is an open-ended diversified equity fund which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market capitalisation. 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 Flexicap Fund Direct Growth has no lock in period.

JM Flexicap Fund Direct Growth Overview

Expense ratio0.56%
Benchmark
BSE 500 India TR INR
AUM₹5263 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
145.55%
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

INDmoney Rank for JM Flexicap Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
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5Y returns in the top 25% of the category
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Trailing Returns

as on (17-Apr-25)

Period
JM Flexicap Fund Direct Growth
Nifty 500
flexi cap
1M
7%
2.9%
6.4%
3M
-5.3%
-0.6%
-2.5%
6M
-11.6%
-7.5%
-9.2%
1Y
9.1%
6.4%
7%
3Y
23.5%
13.4%
14%
5Y
28.9%
23.3%
22.9%

Fund Distribution

as on (31-Mar-25)

  • Equity 94.9%

  • Debt & Cash 5.1%

Large cap
60.8%

Small cap
19.7%

Mid cap
13.1%

Sector Allocation

Mar'25

Feb'25

Jan'25

Financial Services
34.8%
Consumer Cyclical
14.1%
Industrial
13.1%
Health
10.3%
Tech
6.5%
Consumer Defensive
5.9%
Basic Materials
5.4%
Utilities
3.7%
Energy
3.4%
Communication
2.9%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
5.36%
-10.16%
-7.34%
Nifty 500
7.25%
-7.88%
-4.01%
  • This fund’s returns stands at 5.36% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
  • This fund underperformed Nifty 500 by 1.89% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 5.3K Cr
₹ 4.9K Cr
₹ 5.3K Cr
  • AUM of the fund stands at 5.3K Cr as of Mar'25
  • AUM increased by 363.9 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Bharat Heavy Electricals Ltd's allocation increased from 1.38% to 2.54%
Bharat Heavy Electricals Ltd's allocation increased from 1.38% to 2.54%
Godfrey Phillips India Ltd's allocation increased from 1.72% to 2.81%
Godfrey Phillips India Ltd's allocation increased from 1.72% to 2.81%
Bajaj Finance Ltd's allocation increased from 1.87% to 2.93%
Bajaj Finance Ltd's allocation increased from 1.87% to 2.93%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.96 % to 5.45 %
ICICI Bank Ltd's allocation decreased from 5.96 % to 5.45 %
Kotak Mahindra Bank Ltd's allocation decreased from 3.3 % to 2.99 %
Kotak Mahindra Bank Ltd's allocation decreased from 3.3 % to 2.99 %
Infosys Ltd's allocation decreased from 3.59 % to 2.57 %
Infosys Ltd's allocation decreased from 3.59 % to 2.57 %
Large Cap allocation has gone up from 56.7% to 60.8%
Large Cap allocation has gone up from 56.7% to 60.8%
Small Cap allocation has gone down from 23.2% to 19.7%
Small Cap allocation has gone down from 23.2% to 19.7%
Mid Cap allocation has gone up from 12.6% to 13.1%
Mid Cap allocation has gone up from 12.6% to 13.1%
Cash allocation has gone down from 6.6% to 5.1%
Cash allocation has gone down from 6.6% to 5.1%

Top 3 Sectors in March were Financial Services, Consumer Cyclical & Health

Mar'25
Financial Services
35%
Consumer Cyclical
14%
Industrial
13%
Feb'25
Financial Services
34%
Consumer Cyclical
20%
Health
9%
  • Equity

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
JM Flexicap Fund Direct Growth
JM Flexicap Fund Direct Growth
9.09%
23.5%
28.85%
18.11%
HDFC Flexi Cap Fund -Direct Plan - Growth Option
HDFC Flexi Cap Fund -Direct Plan - Growth Option
17.95%
22.53%
30.95%
17.07%
UTI Flexi Cap Fund - Growth Option - Direct
UTI Flexi Cap Fund - Growth Option - Direct
14.07%
8.12%
20.73%
14.36%
Parag Parikh Flexi Cap Direct Growth
Parag Parikh Flexi Cap Direct Growth
13.45%
18.06%
28.61%
19.82%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
Godfrey Phillips India Ltd
Godfrey Phillips India Ltd
25.4%
HDFC Bank Ltd
HDFC Bank Ltd
9.3%
ICICI Bank Ltd
ICICI Bank Ltd
7.1%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
48
53
65
Top 5 Company Concentration
22.1%
23.2%
23.2%
Company having highest exposure
HDFC Bank Ltd (7.1%)
HDFC Bank Ltd (6.2%)
HDFC Bank Ltd (6.1%)
No of Sectors
10
9
9
Top 5 Sectors Concentration
78.8%
81.7%
80.8%
Sector having highest exposure
Financial Services (34.8%)
Financial Services (33.6%)
Financial Services (27.9%)
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Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Flexicap Fund Direct Growth, since 1 October 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
JM Value Fund (Direct) - Growth
22.49%
16.5%
JM Flexicap Fund (Direct) Growth Option
23.5%
13.97%
JM Aggressive Hybrid Fund (Direct) - Growth Option
21.27%
13.1%
Fund House
JM Financial Asset Management Limited
Total AUM
₹38.83K Cr
as on 31-Mar-2025
Address
JM Financial Asset Management Private Limited,502, 5th Floor, A - Wing,,Laxmi Towers, Bandra-Kurla Complex,,Bandra-East
Phone
+912261987777
Website
investor@jmfl.com

Mutual Fund Insights

Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
Insights icon
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.56% which is lower than the category average expense ratio of 1.17%.
Insights icon
Over the last 6 months, this fund has experienced a 16.1% growth in AUM moving from 4.53K Cr to 5.26K Cr.
Insights icon
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 35.41% return, outperforming this fund by 6.56% per annum.
Insights icon
In the last 1 year, HDFC Flexi Cap Fund -Direct Plan - Growth Option has given 17.95% return, outperforming this fund by 8.86%.

JM Flexicap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.11% since inception which is more than its category average return of 15.6%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.87% in Equity, 0% in Debt and 5.13% in Cash related instruments
AUM size ₹5263 Cr

AUM size ₹5263 Cr

This fund has AUM of ₹5263 Cr which is less than its category average of ₹ 9134 Cr
Expense Ratio 0.56%

Expense Ratio 0.56%

This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 1.33%
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Frequently Asked Questions for JM Flexicap Fund Direct Growth

The current NAV of JM Flexicap Fund Direct Growth is ₹106.21 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
JM Flexicap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.98%
6.98%
6 Month Returns
-11.57%
-11.57%
1 Year Returns
9.09%
9.09%
3 Years Returns
88.34%
23.5%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.56% as on March 2025
₹5263 Cr as on March 2025
HDFC Bank Ltd(7.05%), ICICI Bank Ltd(5.45%), State Bank of India(3.41%), Sun Pharmaceuticals Industries Ltd(3.16%), Cholamandalam Investment and Finance Co Ltd(3.06%) as on March 2025
Financial Services(33%), Consumer Cyclical(13.38%), Industrial(12.47%) as on March 2025
The alpha ratio for the JM Flexicap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
JM Flexicap Fund Direct Growth
3.3
7.72
3.99
As on March 2025
The alpha for JM Flexicap Fund Direct Growth is calculated against 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
JM Flexicap Fund Direct Growth
1.11
0.99
0.94
As on March 2025
The Beta for JM Flexicap Fund Direct Growth is calculated with 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
JM Flexicap Fund Direct Growth
0.18
0.95
1.37
As on March 2025
The sharpe ratio for JM Flexicap Fund Direct Growth is calculated with 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
JM Flexicap Fund Direct Growth
20.43
16.02
16.33
As on March 2025
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 1.64 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.32 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Asit Bhandarkar is the fund manager of JM Flexicap Fund Direct Growth
The Exit load of JM Flexicap Fund Direct Growth is 1%