JM Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 20-12-2024
₹ 174.11
1D
Inception Returns
14%
/yr
About JM Large Cap Fund Direct Growth
JM Large Cap 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 Large Cap Fund Direct Growth has ₹495 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
JM Large Cap Fund Direct Growth has given a CAGR return of 14.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.42%, 18.65% and 18.75% respectively.
Holdings
JM Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Communication, Basic Materials, Health, Energy, Utilities, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, State Bank of India, Infosys Ltd
Taxation
As it is a large-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.
Investment objective of JM Large Cap Fund Direct Growth
The investment objective of the scheme is to provide optimum capital growth and appreciation.There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information carefully.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Large Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
2183 people have invested ₹ 96.4L in JM Large Cap Fund Direct Growth in the last three months
INDmoney Rank for JM Large Cap Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
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
No bad points found for this fund.
JM Large Cap Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹495 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 199.18% |
| 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
87.3%
Mid cap
4.3%
Small cap
4.1%
Sector Allocation
Financial Services
27%
Consumer Cyclical
15.1%
Tech
12.6%
Industrial
12%
Communication
7.7%
Basic Materials
6.4%
Health
6%
Energy
5.2%
Utilities
4.5%
Consumer Defensive
3.4%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.08% whereas the fund’s underlying benchmark Nifty 100 returns stands at -0.52% as on Nov'24
- This fund outperformed Nifty 100 by 0.44% in Nov'24
- AUM of the fund stands at 495.1 Cr as of Nov'24
- AUM increased by 66 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Bharti Airtel Ltd's allocation increased from 3.43% to 6.05%
Mahindra & Mahindra Ltd's allocation increased from 0.48% to 1.98%
Adani Ports & Special Economic Zone Ltd's allocation increased from 0.99% to 2.31%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.1 % to 8.69 %
ICICI Bank Ltd's allocation decreased from 7.67 % to 6.63 %
Reliance Industries Ltd's allocation decreased from 4.29 % to 3.84 %
Mid Cap allocation has gone down from 6.7% to 4.3%
Large Cap allocation has gone up from 86.3% to 87.3%
Small Cap allocation has gone down from 4.9% to 4.1%
Cash allocation has gone up from 0.8% to 2.6%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Tech
Nov'24
Financial Services
27%
Consumer Cyclical
15%
Tech
13%
Oct'24
Financial Services
29%
Consumer Cyclical
13%
Tech
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.69% | 0% | |
 ICICI Bank Ltd | 6.63% | -6.8% | |
 Bharti Airtel Ltd | 6.05% | 89.7% | |
 State Bank of India | 4.99% | 23% | |
 Infosys Ltd | 4.8% | 10.8% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Siemens Ltd | 15.4% |
 Infosys Ltd | 8.5% |
 HDFC Bank Ltd | 3.9% |
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Asit Bhandarkar
Fund Manager of JM Large Cap Fund Direct Growth, since 5 October 2017
Top funds managed
Fund House
JM Financial Asset Management Limited
Total Schemes
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
This fund expense ratio is slightly on the lower side within the category (large-cap). Its expense ratio is 0.66% which is lower than the category average expense ratio of 0.76%.
Over the last 6 months, this fund has experienced a 158.0% growth in AUM moving from 191.85 Cr to 495.06 Cr.
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 26.47% return, outperforming this fund by 5.56%.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 22.69% return, outperforming this fund by 4.21% per annum.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.82% return, outperforming this fund by 1.59% per annum.
JM Large Cap 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 14.03% since inception which is more than its category average return of 13.49%
Fund Allocations
This fund has an allocation of 97.37% in Equity, 0% in Debt and 2.63% in Cash related instruments
AUM size ₹495 Cr
This fund has AUM of ₹495 Cr which is less than its category average of ₹ 7030 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions for JM Large Cap Fund Direct Growth
The current NAV of JM Large Cap Fund Direct Growth is ₹174.11 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
JM Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.74% | 0.74% |
6 Month Returns | -1.37% | -1.37% |
1 Year Returns | 21.42% | 21.42% |
3 Years Returns | 67.05% | 18.65% |
5 Years Returns | 136.15% | 18.75% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.66% as on November 2024
₹495 Cr as on November 2024
HDFC Bank Ltd(8.69%), ICICI Bank Ltd(6.63%), Bharti Airtel Ltd(6.05%), State Bank of India(4.99%), Infosys Ltd(4.8%) as on November 2024
Financial Services(26.32%), Consumer Cyclical(14.7%), Tech(12.28%) as on November 2024
The alpha ratio for the JM Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Large Cap Fund Direct Growth | 6.49 | 3.66 | 5.63 |
As on November 2024
The alpha for JM Large Cap Fund Direct Growth is calculated against S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Large Cap Fund Direct Growth | 0.95 | 0.93 | 0.61 |
As on November 2024
The Beta for JM Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
JM Large Cap Fund Direct Growth | 1.63 | 0.95 | 1.06 |
As on November 2024
The sharpe ratio for JM Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
JM Large Cap Fund Direct Growth | 13.57 | 12.91 | 12.78 |
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 1.8 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.75 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 Large Cap Fund Direct Growth
The Exit load of JM Large Cap Fund Direct Growth is 1%