JM Flexicap Fund (Direct) Growth Option
Equity
Direct
Flexi Cap
NAV: ₹ 105.02 as on 16-05-2024
About the Fund
JM Flexicap Fund (Direct) Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan. The fund could potentially beat inflation in the long-run.
Key Parameters
- JM Flexicap Fund (Direct) Growth Option has ₹2107 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.2.
Fund Performance
4792 people have invested ₹ 6.1Cr in JM Flexicap Fund (Direct) Growth Option in the last three months
Overview
 | 0.23% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹2107 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 119.35% |
JM Flexicap Fund (Direct) Growth Option Distribution as on (30-Apr-24)
Size breakup
Large cap
42.3%
Small cap
38.1%
Mid cap
18.8%
Sector Allocation
Industrial
19.5%
Consumer Cyclical
19.1%
Financial Services
18.4%
Basic Materials
9.9%
Tech
8.1%
Health
6.1%
Consumer Defensive
5.5%
Communication
4.4%
Utilities
4.4%
Energy
2.3%
Real Estate
2.3%
Top Holdings of JM Flexicap Fund (Direct) Growth Option as on (30-Apr-24)
Equity Holdings62
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Schaeffler India Ltd | 18.8% |
Exicom Tele-Systems Ltd | 16.5% |
 Exide Industries Ltd | 12.8% |
Top Losers | 1M Return |
|---|---|
 Larsen & Toubro Ltd | -6.2% |
 Infosys Ltd | -3% |
Samhi Hotels Ltd | -1.7% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 8.93% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 6.47% in Apr'24
AUM Change
- AUM of the fund stands at 1.8K Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, this fund has outperformed all funds in its category.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.26% return, outperforming this fund by 7.7% per annum.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.23% which is lower than the category average expense ratio of 1.16%.
In the last 3 years, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 193.6% growth in AUM moving from 717.77 Cr to 2.10K Cr.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Gurvinder Wasan
Fund Manager of JM Flexicap Fund (Direct) Growth Option, since 1 December 2022
Top funds managed
JM Flexicap Fund (Direct) Growth Option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.41% since inception which is more than its category average return of 18%
Fund Allocations
This fund has an allocation of 99.23% in Equity, 0% in Debt and 0.77% in Cash related instruments
AUM size ₹2107 Cr
This fund has AUM of ₹2107 Cr which is less than its category average of ₹ 7427 Cr
Expense Ratio 0.23%
This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of JM Flexicap Fund (Direct) Growth Option is ₹105.02 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
JM Flexicap Fund (Direct) Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 4.82% | 4.82% |
6 Month Returns | 32.2% | 32.2% |
1 Year Returns | 64.51% | 64.51% |
3 Years Returns | 125.64% | 31.16% |
5 Years Returns | 212.04% | 25.56% |
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.
0.23% as on April 2024
₹2107 Cr as on April 2024
ICICI Bank Ltd(3.96%), HDFC Bank Ltd(3.61%), Larsen & Toubro Ltd(3.46%), State Bank of India(3.33%), Bharti Airtel Ltd(2.92%) as on April 2024
Industrial(19.31%), Consumer Cyclical(18.98%), Financial Services(18.25%) as on April 2024
The alpha ratio for the JM Flexicap Fund (Direct) Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Flexicap Fund (Direct) Growth Option | 21.81 | 10.21 | 6.92 |
As on April 2024
The alpha for JM Flexicap Fund (Direct) Growth Option is calculated against S&P 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 Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Flexicap Fund (Direct) Growth Option | 0.92 | 0.91 | 0.92 |
As on April 2024
The Beta for JM Flexicap Fund (Direct) Growth Option is calculated with S&P 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 Option 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 Option | 4.06 | 1.77 | 1.04 |
As on April 2024
The sharpe ratio for JM Flexicap Fund (Direct) Growth Option is calculated with S&P 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 Option 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 Option | 11.41 | 13.12 | 18.6 |
As on April 2024
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 4.39 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.09 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Gurvinder Wasan is the fund manager of JM Flexicap Fund (Direct) Growth Option
The Exit load of JM Flexicap Fund (Direct) Growth Option is 1%