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Top 4 Funds
JM Financial Mutual Fund is India’s one of the first private sector mutual fund company. This mutual fund company is a part of JM Financial Group. JM Financial Mutual Fund offers a bunch of mutual fund schemes across various types of funds to cater the diverse needs of both institutional as well as retail investors. JM Financial Group has a strong foundation in the financial services sector and has its presence for a period of more than four decades.
The objective of JM Financial Mutual Fund is to help investors in achieving their goals through prudent investment, proper fund management, and strong systems of managing risk scientifically.
AMC | JM Financial Mutual Fund |
---|---|
Date of Setup | September 15, 1994 |
AUM | INR 12072.94 crore (Jun-30-2018) |
Chairman | Mr. V. P. Shetty |
CEO/MD | Mr. Bhanu Katoch |
CIO | N.A |
Compliance Officer | Ms. Diana D'sa |
investor Service Officer | Mr. Harish Kukreja |
Fax | 22876297/98 |
Tel | 022-61987777 |
Website | www.jmfinancialmf.com |
investor[AT]jmfl.com |
Talk to our investment specialist
JM mutual fund is one of the first private sector mutual fund companies that has its presence over two decades. The company commenced its operations in December 1994, with three mutual fund schemes, namely, JM Liquid Fund (presently JM Income Fund), JM Equity Fund, and JM Balanced Fund. The Asset Management Company or AMC that runs the JM Mutual Fund is JM Financial Asset Management Ltd. This AMC is a part of JM Financial Limited. JM Financial Limited has spread its wings in various areas of investment banking, private equity, asset reconstruction, investment advisory, and so on. JM Financial Group was founded in the year 1973 and registered under the name as JM Financial & Investment Consultancy Services.
JM Financial Mutual Fund offers various mutual fund schemes under the following mutual fund categories.
A mutual fund scheme whose funds are predominantly invested in equity shares of companies is known as an equity fund. Equity fund does not offer fixed returns. Some of the equity fund schemes offered by JM Financial Mutual Fund include JM Balanced Fund, JM Equity Fund, JM Basic Fund, and so on. These funds have various options like dividend option, growth option, etc., which investors can choose depending on their preference.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) JM Value Fund Growth ₹92.5984
↑ 0.82 ₹581 6 26.5 62.3 29.4 24.9 47.7 JM Multicap Fund Growth ₹92.8239
↑ 0.76 ₹1,774 9.8 31.2 62.2 29.9 24.4 40 JM Core 11 Fund Growth ₹18.8473
↑ 0.33 ₹89 6.2 23.6 49.3 23.3 16.3 32.9 JM Tax Gain Fund Growth ₹43.6802
↑ 0.52 ₹128 9.1 24.5 46.4 23.3 21.7 30.9 JM Large Cap Fund Growth ₹147.774
↑ 0.71 ₹119 4.6 25.2 43.5 21.1 17.5 29.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 May 24
Debt fund is a category or mutual fund scheme that invests its predominant stake in Fixed Income securities. The Underlying securities forming part of the debt funds include Bonds, government securities, and money market instruments. The aim of these funds is to provide a regular and steady returns to the investors by Investing in debt instruments. Some of the mutual fund schemes offered by JM Financial Mutual Fund under the debt fund category include JM Floater Long Term Fund, JM G-Sec Fund, JM Income Fund, JM Money Manager Fund, and JM Short Term Fund.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity JM Liquid Fund Growth ₹65.9665
↑ 0.01 ₹1,590 1.8 3.6 7.2 5.5 7 7.5% 1M 12D 1M 16D JM Dynamic Debt Fund Growth ₹37.7297
↑ 0.05 ₹40 1.4 3.8 5.7 4.9 6.3 7.18% 6Y 3M 22D 9Y 5M 7D JM Ultra Short Duration Fund Growth ₹26.7173
↑ 0.00 ₹35 4.5 6.4 5.3 4.3 3.37% 4M 7D 4M 13D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 May 24
Hybrid funds or Balanced funds refer to the mutual fund scheme that invests its accumulated funds in a combination of equity and debt instruments. These funds are good option for people seeking Capital appreciation along with regular inflow of income. JM Financial Mutual Fund offers JM Balanced Fund under the balanced category. This scheme was launched on April 01, 1995. The risk appetite of JM Balanced Fund is moderately high. The performance of JM Balanced Fund is tabulated as follows.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) JM Arbitrage Fund Growth ₹30.36
↑ 0.02 ₹127 1.7 3.5 7.1 5.2 4.4 6.6 JM Equity Hybrid Fund Growth ₹113.967
↑ 0.95 ₹223 7.7 25.2 54.9 23.7 20.2 33.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 May 24
(Erstwhile JM High Liquidity Fund) To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in debt and money market instruments. JM Liquid Fund is a Debt - Liquid Fund fund was launched on 31 Dec 97. It is a fund with Low risk and has given a Below is the key information for JM Liquid Fund Returns up to 1 year are on (Erstwhile JM Equity Fund) The scheme seeks to provide optimum capital growth and appreciation. JM Large Cap Fund is a Equity - Large Cap fund was launched on 1 Apr 95. It is a fund with Moderately High risk and has given a Below is the key information for JM Large Cap Fund Returns up to 1 year are on (Erstwhile JM Multi Strategy Fund) The investment objective of the Scheme is to provide capital appreciation by investing in equity and equity related securities using a combination of strategies. JM Multicap Fund is a Equity - Multi Cap fund was launched on 23 Sep 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Multicap Fund Returns up to 1 year are on (Erstwhile JM Balanced Fund) To provide steady current income as well as long term growth of capital. JM Equity Hybrid Fund is a Hybrid - Hybrid Equity fund was launched on 1 Apr 95. It is a fund with Moderately High risk and has given a Below is the key information for JM Equity Hybrid Fund Returns up to 1 year are on 1. JM Liquid Fund
CAGR/Annualized
return of 7.4% since its launch. Ranked 3 in Liquid Fund
category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% . JM Liquid Fund
Growth Launch Date 31 Dec 97 NAV (15 May 24) ₹65.9665 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹1,590 on 31 Mar 24 Category Debt - Liquid Fund AMC JM Financial Asset Management Limited Rating ☆☆☆☆☆ Risk Low Expense Ratio 0.25 Sharpe Ratio 1.08 Information Ratio -5.33 Alpha Ratio -0.19 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.5% Effective Maturity 1 Month 16 Days Modified Duration 1 Month 12 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹10,584 30 Apr 21 ₹10,933 30 Apr 22 ₹11,309 30 Apr 23 ₹11,975 30 Apr 24 ₹12,837 Returns for JM Liquid Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 15 May 24 Duration Returns 1 Month 0.5% 3 Month 1.8% 6 Month 3.6% 1 Year 7.2% 3 Year 5.5% 5 Year 5.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 7% 2022 4.8% 2021 3.3% 2020 4% 2019 6.6% 2018 7.4% 2017 6.7% 2016 7.7% 2015 8.4% 2014 9.1% Fund Manager information for JM Liquid Fund
Name Since Tenure Gurvinder Wasan 3 Apr 24 0 Yr. Naghma Khoja 21 Oct 21 2.45 Yr. Ruchi Fozdar 3 Apr 24 0 Yr. Data below for JM Liquid Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 99.79% Other 0.21% Debt Sector Allocation
Sector Value Cash Equivalent 60.38% Corporate 30% Government 9.4% Credit Quality
Rating Value AA 1.76% AAA 98.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps-Triparty Repo
CBLO/Reverse Repo | -18% ₹412 Cr 00 Bajaj Finance Limited
Commercial Paper | -4% ₹100 Cr 2,000 Union Bank Of India
Certificate of Deposit | -4% ₹100 Cr 2,000 Small Industries Development Bank of India
Commercial Paper | -4% ₹100 Cr 2,000 India (Republic of)
- | -3% ₹70 Cr 7,000,000 India (Republic of)
- | -3% ₹59 Cr 6,000,000 Axis Bank Ltd.
Debentures | -2% ₹54 Cr 1,100
↑ 100 Redington Ltd.
Commercial Paper | -2% ₹50 Cr 1,000
↑ 1,000 Tata Capital Financial Services Ltd.
Debentures | -2% ₹50 Cr 1,000 Canara Bank
Certificate of Deposit | -2% ₹50 Cr 1,000 2. JM Large Cap Fund
CAGR/Annualized
return of 9.7% since its launch. Ranked 73 in Large Cap
category. Return for 2023 was 29.6% , 2022 was 3.4% and 2021 was 23.2% . JM Large Cap Fund
Growth Launch Date 1 Apr 95 NAV (15 May 24) ₹147.774 ↑ 0.71 (0.48 %) Net Assets (Cr) ₹119 on 31 Mar 24 Category Equity - Large Cap AMC JM Financial Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.51 Sharpe Ratio 2.88 Information Ratio 0.5 Alpha Ratio 9.34 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹9,537 30 Apr 21 ₹12,380 30 Apr 22 ₹14,280 30 Apr 23 ₹15,235 30 Apr 24 ₹22,259 Returns for JM Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 15 May 24 Duration Returns 1 Month 1.3% 3 Month 4.6% 6 Month 25.2% 1 Year 43.5% 3 Year 21.1% 5 Year 17.5% 10 Year 15 Year Since launch 9.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 29.6% 2022 3.4% 2021 23.2% 2020 18.1% 2019 4.9% 2018 0.8% 2017 20.9% 2016 1.8% 2015 -1.3% 2014 45.5% Fund Manager information for JM Large Cap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 2.62 Yr. Asit Bhandarkar 5 Oct 17 6.49 Yr. Gurvinder Wasan 1 Dec 22 1.33 Yr. Data below for JM Large Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 24.02% Consumer Cyclical 13.79% Technology 12.88% Basic Materials 8.87% Utility 8.67% Industrials 7.36% Energy 7.24% Health Care 6.28% Consumer Defensive 4.87% Communication Services 1.45% Asset Allocation
Asset Class Value Cash 4.56% Equity 95.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 08 | LT7% ₹9 Cr 23,207
↑ 3,150 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | HDFCBANK7% ₹8 Cr 56,672
↑ 16,400 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 24 | RELIANCE5% ₹6 Cr 20,000
↑ 20,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 24 | ITC5% ₹6 Cr 135,000
↑ 135,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 15 | INFY4% ₹5 Cr 33,398 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK4% ₹5 Cr 45,287
↑ 20,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 11 | SBIN4% ₹4 Cr 58,397
↑ 8,000 Tata Power Co Ltd (Utilities)
Equity, Since 29 Feb 24 | 5004003% ₹4 Cr 104,000 Bank of Baroda (Financial Services)
Equity, Since 30 Nov 22 | 5321343% ₹4 Cr 154,250 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 29 Feb 24 | 5001243% ₹4 Cr 6,400 3. JM Multicap Fund
CAGR/Annualized
return of 15.3% since its launch. Ranked 16 in Multi Cap
category. Return for 2023 was 40% , 2022 was 7.8% and 2021 was 32.9% . JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (15 May 24) ₹92.8239 ↑ 0.76 (0.82 %) Net Assets (Cr) ₹1,774 on 31 Mar 24 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.54 Sharpe Ratio 3.85 Information Ratio 1.41 Alpha Ratio 15.78 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹9,123 30 Apr 21 ₹13,336 30 Apr 22 ₹15,928 30 Apr 23 ₹17,826 30 Apr 24 ₹29,430 Returns for JM Multicap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 15 May 24 Duration Returns 1 Month 4.7% 3 Month 9.8% 6 Month 31.2% 1 Year 62.2% 3 Year 29.9% 5 Year 24.4% 10 Year 15 Year Since launch 15.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 40% 2022 7.8% 2021 32.9% 2020 11.4% 2019 16.6% 2018 -5.4% 2017 39.5% 2016 10.5% 2015 -2.8% 2014 56% Fund Manager information for JM Multicap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 2.62 Yr. Gurvinder Wasan 1 Dec 22 1.33 Yr. Chaitanya Choksi 31 Dec 21 2.25 Yr. Data below for JM Multicap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 23.03% Consumer Cyclical 18.09% Industrials 16.8% Technology 10.6% Health Care 5.92% Basic Materials 5.87% Consumer Defensive 5.83% Utility 5.81% Communication Services 3.61% Real Estate 3.07% Asset Allocation
Asset Class Value Cash 1.36% Equity 98.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK6% ₹99 Cr 685,500
↑ 5,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK4% ₹79 Cr 725,800
↑ 175,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT4% ₹79 Cr 210,731 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY3% ₹60 Cr 397,750
↓ -27,500 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹59 Cr 788,700
↓ -60,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M3% ₹53 Cr 275,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 24 | ITC3% ₹52 Cr 1,210,000
↑ 1,210,000 Bank of Baroda (Financial Services)
Equity, Since 31 Aug 22 | 5321343% ₹51 Cr 1,948,947
↓ -395,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL3% ₹47 Cr 385,000
↑ 385,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 29 Feb 24 | TCS3% ₹47 Cr 121,000
↑ 29,000 4. JM Equity Hybrid Fund
CAGR/Annualized
return of 12.8% since its launch. Ranked 35 in Hybrid Equity
category. Return for 2023 was 33.8% , 2022 was 8.1% and 2021 was 22.9% . JM Equity Hybrid Fund
Growth Launch Date 1 Apr 95 NAV (15 May 24) ₹113.967 ↑ 0.95 (0.84 %) Net Assets (Cr) ₹223 on 31 Mar 24 Category Hybrid - Hybrid Equity AMC JM Financial Asset Management Limited Rating ☆ Risk Moderately High Expense Ratio 2.46 Sharpe Ratio 3.58 Information Ratio 1.33 Alpha Ratio 20.88 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,686 30 Apr 21 ₹12,727 30 Apr 22 ₹14,191 30 Apr 23 ₹15,617 30 Apr 24 ₹24,409 Returns for JM Equity Hybrid Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 15 May 24 Duration Returns 1 Month 3.9% 3 Month 7.7% 6 Month 25.2% 1 Year 54.9% 3 Year 23.7% 5 Year 20.2% 10 Year 15 Year Since launch 12.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 33.8% 2022 8.1% 2021 22.9% 2020 30.5% 2019 -8.1% 2018 1.7% 2017 18.5% 2016 3% 2015 -0.2% 2014 33.4% Fund Manager information for JM Equity Hybrid Fund
Name Since Tenure Asit Bhandarkar 31 Dec 21 2.25 Yr. Gurvinder Wasan 1 Dec 22 1.33 Yr. Chaitanya Choksi 20 Aug 21 2.62 Yr. Data below for JM Equity Hybrid Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 5.42% Equity 75.11% Debt 19.48% Equity Sector Allocation
Sector Value Financial Services 16.15% Consumer Cyclical 15.38% Industrials 13.74% Technology 8.91% Health Care 6.7% Communication Services 4.6% Consumer Defensive 3.48% Real Estate 2.23% Energy 1.77% Utility 1.2% Basic Materials 0.95% Debt Sector Allocation
Sector Value Corporate 10.68% Government 8.79% Cash Equivalent 5.42% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -5% ₹12 Cr 1,200,000
↑ 300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | ICICIBANK5% ₹11 Cr 101,000
↑ 36,900 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 21 | LT4% ₹9 Cr 23,000
↑ 11,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL4% ₹8 Cr 65,000
↑ 65,000 Bank of Baroda (Financial Services)
Equity, Since 31 Dec 23 | 5321343% ₹7 Cr 282,000
↑ 100,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY3% ₹7 Cr 44,050 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M3% ₹6 Cr 33,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 29 Feb 24 | TCS3% ₹6 Cr 16,000
↑ 3,000 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR3% ₹6 Cr 91,000 REC Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5329553% ₹6 Cr 130,500
↓ -3,500
After SEBI's (Securities and Exchange Board of India) circulation on re-categorisation and rationalisation of open-ended Mutual Funds, many Mutual Fund Houses are incorporating changes in their scheme names and categories. SEBI introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before investing in a scheme.
Here is a list of JM Financial schemes that got new names:
Existing Scheme Name | New Scheme Name |
---|---|
JM Arbitrage Advantage Fund | JM Arbitrage Fund |
JM Floater Long Term Fund | JM Dynamic Debt Fund |
JM Balanced Fund | JM Equity Hybrid Fund |
JM Equity Fund | JM Large cap fund |
JM High liquidity Fund | JM Liquid Fund |
JM Multi Strategy Fund | JM Multicap Fund |
JM Money Manager Fund | JM Ultra Short Duration Fund |
JM Basic Fund | JM value fund |
*Note-The list will be updated as and when we get an insight about the changes in the scheme names.
SIP or Systematic Investment plan is an investment mode in a mutual fund scheme where individuals deposit money in small amounts at regular intervals in the fund scheme. One of the advantages of SIP is that since individuals need to invest in small amounts, it does not pinch their pockets. JM Financial Mutual Fund offers SIP option in most of the fund schemes offered. SIP investing has a lot of benefits which include compounding, instilling a habit of disciplined savings, and much more.
Most of the mutual fund companies have a mutual fund calculator or sip calculator that helps individuals to determine their present investment amount(the SIP amount) for accomplishing a future objective (buying a house, car, education of a child etc). The SIP calculator considers an individual’s age, income, financial commitments and other parameters to determine the present savings amount. In addition, numerous independent portals that deal in mutual fund distribution also have a mutual fund calculator to help their customers to calculate the SIP amount required to achieve a goal.
Know Your Monthly SIP Amount
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
JM Financial Mutual Fund’s NAV or Net Asset Value is available on the AMFI website. In addition, one can find the latest NAV on the Asset Management Company’s or AMC’s website. You can also check for the historical NAV of the JM Financial Mutual Fund on the AMFI website.
Mutual fund account statement is a statement that shows the mutual fund investment transactions performed by an individual. Individuals who have invested in JM Financial Mutual Fund directly through the company can log in to the AMC’s website to view their Account Statement. Instead, individuals who have invested in mutual funds through independent portals need to login on the respective portals and check their mutual fund account statement.
Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
JM Financial Limited