JM Flexicap Fund Direct Growth

JM Flexicap Fund Direct Growth

Equity

Direct

Flexi Cap

NAV as on 20-12-2024

₹ 116.6

-1.7%

1D

Inception Returns

19.6%

/yr

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 ₹5012 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

JM Flexicap Fund Direct Growth has given a CAGR return of 19.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 39.21%, 29.20% and 25.29% respectively.

Holdings

JM Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Basic Materials, Consumer Defensive, Utilities, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, State Bank of India, Bharti Airtel 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
42746 people have invested ₹ 35.9Cr in JM Flexicap Fund Direct Growth in the last three months

INDmoney Rank for JM Flexicap Fund Direct Growth

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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.

JM Flexicap Fund Direct Growth Overview

Expense ratio0.52%
Benchmark
S&P BSE 500 India TR INR
AUM₹5012 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

Trailing Returns

as on (20-Dec-24)

Period
JM Flexicap Fund Direct Growth
Nifty 500
flexi cap
1M
3.4%
3.4%
4.3%
3M
-4.6%
-6%
-2.7%
6M
2.5%
2%
5.2%
1Y
39.2%
21.2%
24.2%
3Y
29.2%
16.7%
17.6%
5Y
25.3%
18.1%
19.6%

Fund Distribution

as on (30-Nov-24)

  • Equity 99%

  • Debt & Cash 1%

Large cap
49.9%

Small cap
35.1%

Mid cap
12.8%

Sector Allocation

Nov'24

Oct'24

Sep'24

Financial Services
24.7%
Consumer Cyclical
14.4%
Industrial
12.8%
Health
12.2%
Tech
11%
Basic Materials
10.3%
Consumer Defensive
5%
Utilities
4.1%
Communication
3.5%
Energy
1.5%
Real Estate
0.6%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
-0.75%
-4.08%
0.31%
Nifty 500
-0.60%
-6.52%
2.04%
  • This fund’s returns stands at -0.75% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
  • This fund underperformed Nifty 500 by 0.15% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 5K Cr
₹ 4.5K Cr
₹ 4.5K Cr
  • AUM of the fund stands at 5K Cr as of Nov'24
  • AUM increased by 480.7 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 6.21% to 7.27%
HDFC Bank Ltd's allocation increased from 6.21% to 7.27%
Siemens Ltd's allocation increased from 0.64% to 1.45%
Siemens Ltd's allocation increased from 0.64% to 1.45%
Tech Mahindra Ltd's allocation increased from 2.15% to 2.74%
Tech Mahindra Ltd's allocation increased from 2.15% to 2.74%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.26 % to 4.98 %
ICICI Bank Ltd's allocation decreased from 5.26 % to 4.98 %
Larsen & Toubro Ltd's allocation decreased from 2.88 % to 2.72 %
Larsen & Toubro Ltd's allocation decreased from 2.88 % to 2.72 %
Dr Reddy's Laboratories Ltd's allocation decreased from 2.73 % to 2.45 %
Dr Reddy's Laboratories Ltd's allocation decreased from 2.73 % to 2.45 %
Mid Cap allocation has gone down from 12.9% to 12.8%
Mid Cap allocation has gone down from 12.9% to 12.8%
Large Cap allocation has gone up from 45.5% to 49.9%
Large Cap allocation has gone up from 45.5% to 49.9%
Small Cap allocation has gone down from 37.9% to 35.1%
Small Cap allocation has gone down from 37.9% to 35.1%
Cash allocation has gone down from 2.6% to 1%
Cash allocation has gone down from 2.6% to 1%

Top 3 Sectors in November were Financial Services, Consumer Cyclical & Basic Materials

Nov'24
Financial Services
25%
Consumer Cyclical
14%
Industrial
13%
Oct'24
Financial Services
24%
Consumer Cyclical
13%
Basic Materials
13%
  • Gainers

  • Losers

Fund
Nov'24
Oct'24
Sep'24
No of Holdings
66
63
65
Top 5 Company Concentration
24.3%
22.3%
20.6%
Company having highest exposure
HDFC Bank Ltd (7.3%)
HDFC Bank Ltd (6.2%)
HDFC Bank Ltd (6.5%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
75%
74.2%
76.4%
Sector having highest exposure
Financial Services (24.7%)
Financial Services (24.3%)
Financial Services (23.9%)
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Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Flexicap Fund Direct Growth, since 1 October 2024
Fund House
JM Financial Asset Management Limited
Total AUM
₹37.72K Cr
as on 29-Nov-2024
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
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.72% return, outperforming this fund by 6.86% per annum.
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In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 48.92% return, outperforming this fund by 10.78%.
Insights icon
Over the last 6 months, this fund has experienced a 102.8% growth in AUM moving from 2.47K Cr to 5.01K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.52% which is lower than the category average expense ratio of 1.16%.

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 19.57% since inception which is less than its category average return of 19.68%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.98% in Equity, 0% in Debt and 1.02% in Cash related instruments
AUM size ₹5012 Cr

AUM size ₹5012 Cr

This fund has AUM of ₹5012 Cr which is less than its category average of ₹ 8877 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions for JM Flexicap Fund Direct Growth

The current NAV of JM Flexicap Fund Direct Growth is ₹116.6 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
JM Flexicap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.41%
3.41%
6 Month Returns
2.53%
2.53%
1 Year Returns
39.21%
39.21%
3 Years Returns
115.68%
29.2%
5 Years Returns
208.72%
25.29%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.52% as on November 2024
₹5012 Cr as on November 2024
HDFC Bank Ltd(7.27%), ICICI Bank Ltd(4.98%), Infosys Ltd(4.38%), State Bank of India(4.23%), Bharti Airtel Ltd(3.42%) as on November 2024
Financial Services(24.42%), Consumer Cyclical(14.26%), Industrial(12.66%) as on November 2024
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
14.15
10.45
6.1
As on November 2024
The alpha for JM Flexicap Fund Direct Growth 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 for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
JM Flexicap Fund Direct Growth
0.94
0.92
0.93
As on November 2024
The Beta for JM Flexicap Fund Direct Growth 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 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
2.22
1.49
1.05
As on November 2024
The sharpe ratio for JM Flexicap Fund Direct Growth 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 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
14.07
13.6
18.81
As on November 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 3.49 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.11 as on November 2024. 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%