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Fincash » Mutual Funds » Jm Balanced Fund Direct

Jm Balanced Fund - Direct - G

NAV  ₹136.614 ↓ -0.59  (-0.43 %) as on 21 Nov 24

Scheme Objective

To provide steady current income as well as long term growth of capital.

JM Balanced Fund - Direct is a Hybrid - Hybrid Equity fund launched on 1 Jan 13. It is a fund with Moderately High risk and has given a CAGR return of 15.4% since its launch.  Return for 2023 was 35.5% , 2022 was 9.1% and 2021 was 23.9% .

Below is the key information for JM Balanced Fund - Direct

NAV as on 21 Nov 24₹136.614 ↓ -0.59  (-0.43 %)
Net Assets (AUM) as on 31 Oct 2024 ₹679 Cr.
Launch Date1 Jan 2013
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCJM Financial Asset Management Limited
Alpha Ratio16.49
Expense Ratio0.69 %
Sharpe Ratio2.638
Information Ratio1.62
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-60 Days (1%),60 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Nov 24

DurationReturns
1 Month -4.7%
3 Month -5.7%
6 Month 5.1%
1 Year 34.8%
3 Year 21.9%
5 Year 25.2%
10 Year
15 Year
Since launch 15.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 35.5%
2022 9.1%
2021 23.9%
2020 31.5%
2019 -6.8%
2018 2.5%
2017 18.6%
2016 3.8%
2015 1.3%

Growth of 10k Over Years

DateValue
31 Oct 19₹10,000
31 Oct 20₹11,605
31 Oct 21₹17,532
31 Oct 22₹18,041
31 Oct 23₹22,270
31 Oct 24₹32,570

Asset Allocation

Asset ClassValue
Cash8.08%
Equity72.58%
Debt19.33%

Sector Allocation

SectorValue
Government11.2%
Corporate8.13%
Cash Equivalent8.08%
RatingValue
AAA100%
SectorValue
Financial Services17.03%
Technology11.57%
Health Care11.19%
Industrials9.41%
Consumer Cyclical7.9%
Consumer Defensive7.38%
Basic Materials4.55%
Communication Services1.43%
Energy1.3%
Real Estate0.83%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | HDFCBANK
Banks - Regional5%₹33 Cr190,000
7.1% Govt Stock 2034
Sovereign Bonds | -
5%₹31 Cr3,050,000
↑ 500,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY
Information Technology Services4%₹30 Cr170,000
↑ 90,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | 532215
Banks - Regional3%₹23 Cr200,000
↑ 75,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | ICICIBANK
Banks - Regional3%₹21 Cr163,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 24 | ITC
Tobacco3%₹20 Cr410,000
↑ 100,000
7.18% Govt Stock 2037
Sovereign Bonds | -
3%₹17 Cr1,700,000
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 532977
Auto Manufacturers2%₹15 Cr14,780
↑ 2,500
Akums Drugs and Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Jul 24 | AKUMS
Drug Manufacturers - Specialty & Generic2%₹14 Cr162,542
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 30 Apr 24 | VBL
Beverages - Non-Alcoholic2%₹13 Cr220,000
1 - 10 of 75
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Fund Managers

NameSinceTenure
Satish Ramanathan1 Oct 240.08 Yr.
Asit Bhandarkar31 Dec 212.84 Yr.
Chaitanya Choksi20 Aug 213.2 Yr.
Ruchi Fozdar4 Oct 240.07 Yr.

Custodians

CompanyAddress
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

Administrator Companies

CompanyAddress
JM Financial Mutual FundOffice B, 8th Floor, Cnergy,,Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
JM Balanced Fund - Direct
Growth
₹136.614
↓ -0.59
5.1 %34.77 %21.89 %25.18 %
JM Balanced Fund - Direct
Normal Dividend, Reinvestment
₹75.3182
↓ -0.32
5.1 %34.77 %21.89 %25.18 %
JM Balanced Fund - Direct
Monthly Dividend, Payout
₹98.2739
↓ -0.42
5.1 %34.77 %21.89 %25.18 %
JM Balanced Fund - Direct
Quarterly Dividend, Payout
₹34.5652
↓ -0.15
5.09 %34.75 %21.88 %25.17 %
JM Balanced Fund - Direct
Half-Yearly Dividend, Payout
₹98.3028
↓ -0.42
5.1 %34.77 %21.89 %25.18 %
JM Balanced Fund - Direct
Bi-Weekly Bonus, Bonus
₹139.857
↓ -0.60
5.11 %34.79 %21.89 %25.18 %
JM Balanced Fund - Direct
Normal Dividend, Payout
₹75.3182
↓ -0.32
5.1 %34.77 %21.89 %25.18 %
JM Balanced Fund - Direct
Annual Dividend, Payout
₹46.0956
↓ -0.20
5.1 %34.77 %21.89 %25.18 %
JM Balanced Fund - Direct
Quarterly Bonus, Bonus
₹139.857
↓ -0.60
5.11 %34.79 %21.89 %25.18 %
JM Balanced Fund - Direct
Half-Yearly Bonus, Bonus

----
JM Balanced Fund - Direct
Annual Bonus, Bonus
₹136.834
↓ -0.59
5.1 %34.78 %21.89 %25.18 %
Data as on 21 Nov 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.