Equity
Direct
Focused Fund
NAV as on 05-09-2024
₹ 24.4
1D
Inception Returns
17%
/yr
JM Focused Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Asit Bhandarkar, Gurvinder Wasan. The fund could potentially beat inflation in the long-run.
JM Focused Fund Direct Growth has given a CAGR return of 17.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 45.48%, 23.54% and 21.84% respectively.
JM Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Basic Materials, Financial Services, Tech, Health, Energy, Consumer Defensive. Its top holdings are Zomato Ltd, Vedanta Ltd, Trent Ltd, Petronet LNG Ltd, Go Digit General Insurance Ltd
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 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.
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 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.
Expense ratio | 1.01% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹147 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 125.98% |
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 Consumer Cyclical, Financial Services & Industrial
JM Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.01% | 3.01% |
6 Month Returns | 18.94% | 18.94% |
1 Year Returns | 45.48% | 45.48% |
3 Years Returns | 88.56% | 23.54% |
5 Years Returns | 168.55% | 21.84% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Focused Fund Direct Growth | 7.56 | 5.75 | -0.83 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Focused Fund Direct Growth | 0.92 | 0.93 | 0.99 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
JM Focused Fund Direct Growth | 2.85 | 1.31 | 0.83 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
JM Focused Fund Direct Growth | 11.9 | 13.34 | 19.96 |