Equity
Direct
Flexi Cap
NAV as on 05-09-2024
₹ 122.07
1D
Inception Returns
20.5%
/yr
JM Flexicap Fund Direct Growth 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.
JM Flexicap Fund Direct Growth has given a CAGR return of 20.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 61.26%, 29.99% and 29.77% respectively.
JM Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Tech, Health, Energy, Consumer Defensive, Communication, Real Estate, Utilities. Its top holdings are REC Ltd, HDFC Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd, ICICI Bank Ltd
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 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.
Expense ratio | 0.39% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹3855 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 145.55% |
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 Industrial, Financial Services & Consumer Cyclical
JM Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.7% | 1.7% |
6 Month Returns | 24.7% | 24.7% |
1 Year Returns | 61.26% | 61.26% |
3 Years Returns | 119.64% | 29.99% |
5 Years Returns | 268.07% | 29.77% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Flexicap Fund Direct Growth | 17.34 | 10.59 | 6.38 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Flexicap Fund Direct Growth | 0.95 | 0.94 | 0.94 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
JM Flexicap Fund Direct Growth | 3.62 | 1.7 | 1.21 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
JM Flexicap Fund Direct Growth | 12.32 | 13.29 | 18.76 |