JM Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 05-03-2025
₹ 20.54
▲0.5%
1D
Inception Returns
14.5%
/yr
About JM Focused Fund Direct Growth
JM Focused 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
- JM Focused Fund Direct Growth has ₹228 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
JM Focused Fund Direct Growth has given a CAGR return of 14.55% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -0.77%, 19.05% and 15.10% respectively.
Holdings
JM Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Health, Tech, Communication, Utilities, Consumer Defensive, Basic Materials. Its top holdings are Infosys Ltd, Bajaj Finance Ltd, Titan Co Ltd, ICICI Bank Ltd, HDFC Bank Ltd
Taxation
As it is a focused fund 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of JM Focused Fund Direct Growth
The investment objective of the Scheme is to generate long-term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. However 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 Focused Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
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270 people have invested ₹ 4.6L in JM Focused Fund Direct Growth in the last three months
INDmoney Rank for JM Focused Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
JM Focused Fund Direct Growth Overview
| Expense ratio | 0.78% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹228 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 125.98% |
| STCG | Selling mutual fund 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 |
Trailing Returns
as on (05-Mar-25)
Fund Distribution
as on (31-Jan-25)
Large cap
67.9%
Small cap
15.5%
Mid cap
11.1%
Sector Allocation
Consumer Cyclical
28.2%
Financial Services
23.9%
Industrial
16.3%
Health
9.6%
Tech
9.5%
Communication
4.4%
Utilities
3.1%
Consumer Defensive
2.4%
Basic Materials
2.4%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 227.7 Cr as of Jan'25
- AUM increased by 15.8 Cr between Jan'25 and Dec'24
Top Stocks bought last month
InterGlobe Aviation Ltd's allocation increased from 3.02% to 4.75%
Titan Co Ltd's allocation increased from 4.11% to 5.53%
Bharti Airtel Ltd's allocation increased from 3.15% to 4.28%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.24 % to 5.1 %
HDFC Bank Ltd's allocation decreased from 5.17 % to 4.92 %
Amber Enterprises India Ltd Ordinary Shares's allocation decreased from 6.78 % to 3.65 %
Small Cap allocation has gone up from 14.9% to 15.5%
Mid Cap allocation has gone down from 16.4% to 11.1%
Large Cap allocation has gone up from 60.1% to 67.9%
Cash allocation has gone down from 6.8% to 2.8%
Top 3 Sectors in January were Financial Services, Consumer Cyclical & Industrial
Jan'25
Consumer Cyclical
28%
Financial Services
24%
Industrial
16%
Dec'24
Financial Services
27%
Consumer Cyclical
22%
Industrial
19%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 6.61% | 5.3% | |
 Bajaj Finance Ltd | 6.23% | 100% | |
 Titan Co Ltd | 5.53% | 26.2% | |
 ICICI Bank Ltd | 5.1% | 0% | |
 HDFC Bank Ltd | 4.92% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 2.8% |
 Bajaj Finance Ltd | 1.8% |
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Asit Bhandarkar
Fund Manager of JM Focused Fund Direct Growth, since 25 February 2009
Top funds managed
Fund House
JM Financial Asset Management Limited
Total Schemes
Total AUM
₹39.28K Cr
as on 31-Jan-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
Over the last 6 months, this fund has experienced a 55.0% growth in AUM moving from 146.95 Cr to 227.74 Cr.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 13.08% return, outperforming this fund by 13.85%.
In the last 5 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 25.28% return, outperforming this fund by 10.18% per annum.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 24.92% return, outperforming this fund by 5.87% per annum.
This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.78% which is lower than the category average expense ratio of 1.27%.
JM Focused Fund Direct Growth 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 14.55% since inception which is more than its category average return of 13.98%
Fund Allocations
This fund has an allocation of 97.2% in Equity, 0% in Debt and 2.8% in Cash related instruments
AUM size ₹228 Cr
This fund has AUM of ₹228 Cr which is less than its category average of ₹ 4902 Cr
Expense Ratio 0.78%
This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.44%
Frequently Asked Questions for JM Focused Fund Direct Growth
The current NAV of JM Focused Fund Direct Growth is ₹20.54 as on 05-Mar-2025.
Existing (Absolute + CAGR) as on 05-Mar-2025.
JM Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.24% | -9.24% |
6 Month Returns | -16.57% | -16.57% |
1 Year Returns | -0.77% | -0.77% |
3 Years Returns | 68.74% | 19.05% |
5 Years Returns | 102.05% | 15.1% |
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.
0.78% as on February 2025
₹228 Cr as on February 2025
Infosys Ltd(6.61%), Bajaj Finance Ltd(6.23%), Titan Co Ltd(5.53%), ICICI Bank Ltd(5.1%), HDFC Bank Ltd(4.92%) as on February 2025
Consumer Cyclical(27.44%), Financial Services(23.28%), Industrial(15.84%) as on February 2025
The alpha ratio for the JM Focused Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Focused Fund Direct Growth | 0.64 | 4.2 | -2.27 |
As on February 2025
The alpha for JM Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Focused Fund Direct Growth | 1.03 | 0.94 | 1 |
As on February 2025
The Beta for JM Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
JM Focused Fund Direct Growth | -0.34 | 0.71 | 0.53 |
As on February 2025
The sharpe ratio for JM Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
JM Focused Fund Direct Growth | 16.84 | 14.9 | 20.62 |
As on February 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 1.14 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.7 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Asit Bhandarkar is the fund manager of JM Focused Fund Direct Growth
The Exit load of JM Focused Fund Direct Growth is 1%