JM Flexicap Fund Direct Plan-Growth
(Scheme Rating)
NAV as of Aug 28, 2024
121.74-0.12%
- Growth - Direct
(Earn upto 1.41% Extra Returns with Direct Plan)
Fund Category:
Equity: Flexi Cap
Expense Ratio:
0.42%(0.69% Category
average)Fund Size:
Rs. 3,855.23 Cr(0.66% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
JM Flexicap Fund Direct Plan-Growth
(Scheme Rating)
NAV as of Aug 28, 2024
121.74-0.12%
Expense Ratio:
0.42%
Fund Size:
Rs. 3,855.23 Cr
Fund Category:
Equity: Flexi Cap
1. Current NAV: The Current Net Asset Value of the JM Flexicap Fund - Direct Plan as of Aug 28, 2024 is Rs 121.74 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 65.59% (1yr), 32.05% (3yr), 29.25% (5yr) and 20.47% (since launch). Whereas, Category returns for the same time duration are: 40.65% (1yr), 18.72% (3yr) and 21.0% (5yr).
3. Fund Size: The JM Flexicap Fund - Direct Plan currently holds Assets under Management worth of Rs 3855.23 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.42% for Direct plan as on Aug 21, 2024.
5. Exit Load: JM Flexicap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 30 days."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
JM Flexicap Fund Direct Plan-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.06 14.06 28.35 65.59 32.05 29.25 Category Avg 2.06 11.52 19.77 40.77 18.82 21.00 Rank within Category 74 9 2 3 1 1 No. of funds within Category 88 86 85 80 64 49 - Loading...
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Return Comparison
- This Fund
- BenchmarkBSE 500 Index
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JM Flexicap Fund Direct Plan-Growth Fund Details
Investment Objective - The scheme which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market depending upon valuation discount or premium amongst Large / Mid & Small cap stocks, the fund will keep varying the weights to capture the value while keeping an optimum Risk / Return profile.
Fund House | JM Financial Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | BSE 500 Index |
Return Since Launch | 20.47% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Low |
Return Grade | High |
JM Flexicap Fund Direct Plan-Growth Investment Details
Minimum Investment (Rs.) | 1,000.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load Exit load of 1%, if redeemed within 30 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 66 | 64 | 63 | 62 | 56 | 49 |
Top 5 Company Holdings | 16.39% | 17.02% | 16.06% | 17.28% | 21.25% | 22.07% |
Top 10 Company Holdings | 28.26% | 29.25% | 29.31% | 30.43% | 35.36% | 37.35% |
Company with Highest Exposure | REC (3.61%) | HDFC Bank (5.45%) | ICICI Bank (3.74%) | ICICI Bank (3.96%) | HDFC Bank (5.6%) | HDFC Bank (5.76%) |
Number of Sectors | 16 | 16 | 16 | 17 | 15 | 14 |
Top 3 Sector Holdings | 43.45% | 47.71% | 44.63% | 44.12% | 45.69% | 44.51% |
Top 5 Sector Holdings | 57.51% | 60.53% | 58.87% | 58.21% | 63.38% | 63.56% |
Sector with Highest Exposure | Financial (16.6%) | Financial (20.45%) | Financial (18.96%) | Capital Goods (17.82%) | Financial (22.14%) | Financial (21.45%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) REC Financial 3.61 11.27 55.59 156.29 HDFC Bank Financial 3.52 18.29 89.60 3.03 Infosys Technology 3.26 30.12 64.20 36.38 Larsen & Toubro Construction 3.22 37.93 97.11 35.47 ICICI Bank Financial 2.78 18.54 65.91 26.26 Petronet LNG Energy 2.56 13.92 26.26 66.20 State Bank of India Financial 2.43 10.54 77.28 41.69 Blue Star Consumer Discretionary 2.32 69.79 24.30 130.66 Grasim Industries Materials 2.3 34.65 77.23 48.53 Ambuja Cements Materials 2.26 45.48 13.47 38.83
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y JM Flexicap Fund Direct Plan-Growth 121.74 3,855.23 0.11 63.67 31.79 29.31 ICICI Prudential India Equity FOF Direct - Growth 31.55 131.00 2.31 51.18 26.46 - HDFC Retirement Savings Fund Equity Plan Direct-Growth 57.46 5,851.58 1.57 38.64 24.83 27.74 HDFC Focused 30 Fund Direct Plan-Growth 242.59 13,794.80 1.10 44.52 30.15 26.49 ICICI Prudential Retirement Fund - Pure Equity Plan Direct - Growth 33.45 944.04 0.51 51.06 29.29 27.14
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
13.56VS12.84Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.94VS0.90Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.82VS1.13Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
26.16VS16.12Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
10.93VS1.24Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
30.25VS19.89Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
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Fund Manager
- S.R.Satish RamanathanSince Aug 20213 schemes
- C.C.Chaitanya ChoksiSince Dec 20216 schemes
- G.S.Gurvinder Singh WasanSince Dec 202214 schemes
Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA. Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y JM Large Cap Fund Direct Plan-Growth Large Cap 187.97 331.31 50.40 JM Value Fund Direct Plan-Growth Value Oriented 121.98 985.91 63.39 JM Midcap Fund Direct - Growth Mid Cap 20.93 Unrated 1,620.33 61.54 Mr. Choksi is a MMS (Finance) and CFA. Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y JM Aggressive Hybrid Fund Direct-Growth Aggressive Hybrid 145.52 486.95 54.33 JM ELSS Tax Saver Fund Direct Plan-Growth ELSS 58.51 173.45 55.88 JM Focused Direct Plan-Growth Flexi Cap 24.40 146.95 48.99 JM Arbitrage Fund Direct-Growth Arbitrage 32.84 162.46 7.98 JM Small Cap Fund Direct - Growth Small Cap 10.76 Unrated 453.79 - JM Midcap Fund Direct - Growth Mid Cap 20.93 Unrated 1,620.33 61.54 Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University. Prior to joining JM Mutual Fund, he has worked with Principal Mutual Fund, Crisil Ltd. and ICICI Bank Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y JM Aggressive Hybrid Fund Direct-Growth Aggressive Hybrid 145.52 486.95 54.33 JM Large Cap Fund Direct Plan-Growth Large Cap 187.97 331.31 50.40 JM Value Fund Direct Plan-Growth Value Oriented 121.98 985.91 63.39 JM ELSS Tax Saver Fund Direct Plan-Growth ELSS 58.51 173.45 55.88 JM Focused Direct Plan-Growth Flexi Cap 24.40 146.95 48.99 JM Low Duration Fund Direct Plan-Growth Low Duration 35.64 259.26 7.52 JM Dynamic Bond Fund Direct-Growth Dynamic Bond 41.24 42.78 8.35 JM Liquid Fund Direct-Growth Liquid 67.95 2,383.92 7.37 JM Overnight Fund Direct - Growth Overnight 1,248.54 221.29 6.75 JM Arbitrage Fund Direct-Growth Arbitrage 32.84 162.46 7.98 JM Short Duration Fund Direct - Growth Short Duration 11.47 134.41 7.69 JM Medium to Long Duration Fund Direct-Growth Medium to Long Duration 64.37 23.83 8.47 JM Small Cap Fund Direct - Growth Small Cap 10.76 Unrated 453.79 - JM Midcap Fund Direct - Growth Mid Cap 20.93 Unrated 1,620.33 61.54
More JM Financial Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
JM Flexicap Fund Direct Plan-Growth | 1,656.84 | 2.22 | 14.20 | 23.85 | 58.46 | 26.61 | |
JM Liquid Fund Direct-Growth | 1,628.26 | 0.58 | 1.82 | 3.59 | 7.25 | 5.40 | |
JM Midcap Fund Direct - Growth | 809.54 | -0.40 | 8.28 | 14.88 | 54.69 | - | |
JM Value Fund Direct Plan-Growth | 554.60 | -0.13 | 11.78 | 21.08 | 57.74 | 26.96 | |
JM Overnight Fund Direct - Growth | 249.69 | 0.52 | 1.65 | 3.35 | 6.75 | 5.08 | |
JM Low Duration Fund Direct Plan-Growth | 249.12 | 0.63 | 1.89 | 3.51 | 7.38 | 5.39 | |
JM Aggressive Hybrid Fund Direct-Growth | 202.40 | 1.52 | 12.29 | 21.22 | 48.68 | 22.90 | |
JM Short Duration Fund Direct - Growth | 124.83 | 0.73 | 2.14 | 3.60 | 7.58 | - | |
JM ELSS Tax Saver Fund Direct Plan-Growth | 120.56 | 1.33 | 9.57 | 15.10 | 42.65 | 19.86 | |
JM Arbitrage Fund Direct-Growth | 109.58 | 0.66 | 2.15 | 3.91 | 7.80 | 5.57 |
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1. JM Flexicap Fund - Direct Plan is Open-ended Flexi Cap Equity scheme which belongs to JM Financial Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market depending upon valuation discount or premium amongst Large / Mid & Small cap stocks, the fund will keep varying the weights to capture the value while keeping an optimum Risk / Return profile. "
2. It is benchmarked against BSE 500 Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.99% in equities, 0.0% in debts and 2.01% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 28.26% of the assets, the top 3 sectors constitute around 43.45% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on JM Flexicap Fund Direct Plan-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about JM Flexicap Fund Direct Plan-Growth
- Is it safe to invest in JM Flexicap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the JM Flexicap Fund - Direct Plan comes under Very High risk category.
- What is the category of JM Flexicap Fund - Direct Plan?JM Flexicap Fund - Direct Plan belongs to the Equity : Flexi Cap category of funds.
- How Long should I Invest in JM Flexicap Fund - Direct Plan?The suggested investment horizon of investing into JM Flexicap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the JM Flexicap Fund - Direct Plan?The JM Flexicap Fund - Direct Plan is managed by Satish Ramanathan (Since Aug 20, 2021) , Chaitanya Choksi (Since Dec 28, 2021) and Gurvinder Singh Wasan (Since Dec 01, 2022).
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