JM Value Fund Direct Growth
Equity
Direct
Value
NAV as on 19-11-2024
₹ 109.53
▲0.7%
1D
Inception Returns
18.6%
/yr
About JM Value Fund Direct Growth
JM Value Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan, Asit Bhandarkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- JM Value Fund Direct Growth has ₹1067 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
JM Value Fund Direct Growth has given a CAGR return of 18.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.13%, 24.04% and 25.00% respectively.
Holdings
JM Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Basic Materials, Tech, Utilities, Consumer Defensive, Real Estate, Energy, Communication. Its top holdings are HDFC Bank Ltd, Infosys Ltd, ICICI Bank Ltd, Dr Reddy's Laboratories Ltd, NTPC Ltd
Taxation
As it is a value 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 Value Fund Direct Growth
JM Value Fund is an open-ended diversified equity scheme which aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities. However, there can be no assurance that the investment objectives 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 Value Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
3330 people have invested ₹ 2.9Cr in JM Value Fund Direct Growth in the last three months
INDmoney Rank for JM Value 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 Value Fund Direct Growth Overview
| Expense ratio | 0.9% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1067 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 98.19% |
| 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 |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Small cap
48.5%
Large cap
37%
Mid cap
11.7%
Sector Allocation
Financial Services
25.1%
Consumer Cyclical
18.2%
Industrial
12.3%
Health
12.1%
Basic Materials
8.5%
Tech
8.3%
Utilities
6.3%
Consumer Defensive
4.3%
Real Estate
2.5%
Energy
2%
Communication
0.5%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.20% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.32% in Oct'24
- AUM of the fund stands at 1.5K Cr as of Oct'24
- AUM increased by 414.8 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 2.58% to 4.35%
ICICI Bank Ltd's allocation increased from 2.93% to 4%
Bayer CropScience Ltd's allocation increased from 0.91% to 1.95%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 3.19 % to 2.98 %
Restaurant Brands Asia Ltd Ordinary Shares's allocation decreased from 2.28 % to 1.9 %
Voltas Ltd's allocation decreased from 1.93 % to 1.7 %
Large Cap allocation has gone up from 29.9% to 37%
Small Cap allocation has gone down from 51.9% to 48.5%
Mid Cap allocation has gone down from 16.7% to 11.7%
Cash allocation has gone up from 0.1% to 1.5%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
25%
Consumer Cyclical
18%
Industrial
12%
Sep'24
Financial Services
21%
Consumer Cyclical
19%
Industrial
15%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.6% | 3.8% | |
 Infosys Ltd | 4.35% | 77.1% | |
 ICICI Bank Ltd | 4% | 32% | |
 Dr Reddy's Laboratories Ltd | 3.49% | 21.9% | |
 NTPC Ltd | 2.98% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Deepak Fertilizers & Petrochemicals Corp Ltd | 28.5% |
 CARE Ratings Ltd | 10.8% |
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Gurvinder Wasan
Fund Manager of JM Value Fund Direct Growth, since 1 December 2022
Top funds managed
Asit Bhandarkar
Fund Manager of JM Value Fund Direct Growth, since 11 December 2006
Top funds managed
Fund House
JM Financial Asset Management Limited
Total Schemes
Total AUM
₹36.23K Cr
as on 31-Oct-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
In the last 1 year, Quant Value Fund Direct Growth has given 43.67% return, outperforming this fund by 8.54%.
This fund has one of the lowest expense ratio in the category (value). Its expense ratio is 0.9% which is lower than the category average expense ratio of 1.33%.
Over the last 6 months, this fund has experienced a 60.3% growth in AUM moving from 665.51 Cr to 1.06K Cr.
In the last 3 years, this fund has outperformed all funds in its category.
In the last 5 years, Bandhan Sterling Value Fund Direct Plan Growth has given 26.61% return, outperforming this fund by 1.61% per annum.
JM Value 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 18.56% since inception which is more than its category average return of 17.13%
Fund Allocations
This fund has an allocation of 98.51% in Equity, 0% in Debt and 1.49% in Cash related instruments
AUM size ₹1067 Cr
This fund has AUM of ₹1067 Cr which is less than its category average of ₹ 5375 Cr
Expense Ratio 0.9%
This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.44%
Frequently Asked Questions for JM Value Fund Direct Growth
The current NAV of JM Value Fund Direct Growth is ₹109.53 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
JM Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.12% | -7.12% |
6 Month Returns | 4.16% | 4.16% |
1 Year Returns | 35.13% | 35.13% |
3 Years Returns | 90.84% | 24.04% |
5 Years Returns | 205.21% | 25% |
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.
0.9% as on October 2024
₹1067 Cr as on October 2024
HDFC Bank Ltd(6.6%), Infosys Ltd(4.35%), ICICI Bank Ltd(4%), Dr Reddy's Laboratories Ltd(3.49%), NTPC Ltd(2.98%) as on October 2024
Financial Services(24.68%), Consumer Cyclical(17.9%), Industrial(12.08%) as on October 2024
The alpha ratio for the JM Value Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Value Fund Direct Growth | 10.14 | 9.96 | 5.67 |
As on October 2024
The alpha for JM Value 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Value Fund Direct Growth | 1.03 | 0.95 | 0.99 |
As on October 2024
The Beta for JM Value 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
JM Value Fund Direct Growth | 2.12 | 1.29 | 1.01 |
As on October 2024
The sharpe ratio for JM Value 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
JM Value Fund Direct Growth | 17.02 | 14.96 | 20.18 |
As on October 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 2.75 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.51 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Gurvinder Wasan, Asit Bhandarkar are the fund managers of JM Value Fund Direct Growth
The Exit load of JM Value Fund Direct Growth is 1%