VR Logo

JM Large Cap Fund


1 Lakh

Investment Grown to
₹ 1.25 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.85 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.43 0.24 -0.29 0.27 2.36 4.10 5.79 7.68 3.78 9.58 7.01
S&P BSE 100 TRI 1.21 0.59 -0.58 0.96 5.99 9.48 12.85 13.74 8.22 12.29 10.56
Equity: Large Cap 1.43 0.66 -0.38 1.14 5.27 9.53 12.91 12.97 7.54 11.88 10.25
Rank within category 107 111 38 94 104 104 98 82 64 56 43
Number of funds in category 111 111 111 109 109 107 101 84 64 58 43

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 22.64 (13-May-2009 - 20-May-2009) -20.74 (15-Jan-2008 - 22-Jan-2008)
Month 37.68 (28-Apr-2009 - 28-May-2009) -38.99 (24-Sep-2008 - 24-Oct-2008)
Quarter 95.21 (09-Mar-2009 - 10-Jun-2009) -55.23 (21-Feb-2000 - 22-May-2000)
Year 129.67 (23-Apr-2003 - 22-Apr-2004) -64.48 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.45 7.15 0.38 0.64 0.53 -3.11
S&P BSE 100 TRI 14.72 12.42 0.72 1.12 -- --
Equity: Large Cap 13.91 12.54 0.66 1.01 0.95 -2.21
Rank within category 84 1 75 73 1 63
Number of funds in category 84 84 84 84 84 84

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 56
Top 10 Stocks (%) 48.50
Top 5 Stocks (%) 31.14
Top 3 Sectors (%) 54.56
Portfolio P/B Ratio 3.18
Portfolio P/E Ratio 25.96

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,63,487 2,10,763
Giant (%) 82.09 67.57
Large (%) 17.62 23.62
Mid (%) 0.29 9.66
Small (%) -- 1.84
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 22.24 9.99 4.05 8.56
up HDFC Financial 34.91 6.95 2.91 6.76
up HDFC Bank Financial 25.94 7.72 3.81 6.26
up Axis Bank Financial 43.43 5.81 0.83 5.59
up ICICI Bank Financial 67.25 6.10 1.93 3.97
up Tata Consultancy Services Technology 25.29 5.11 1.66 3.95
up State Bank of India Financial 28.59 3.63 0.96 3.63
up Bajaj Finance Financial 51.46 3.40 0.00 3.40
up ITC FMCG 21.07 6.14 2.18 3.27
up Larsen & Toubro Construction 19.54 3.30 1.44 3.11
up Hindustan Unilever FMCG 68.15 4.02 0.98 2.33
down Tech Mahindra Technology 17.20 3.14 0.41 2.24
up Kotak Mahindra Bank Financial 36.01 3.84 1.52 2.17
down Infosys Technology 20.40 4.98 2.12 2.12
up Ultratech Cement Construction 37.93 2.04 0.34 1.97
up Asian Paints Chemicals 63.07 1.86 0.52 1.86
up Maruti Suzuki India Automobile 35.42 3.55 0.75 1.58
up Bajaj Finserv Financial 41.07 1.68 0.00 1.56
up Indusind Bank Financial 20.26 2.95 0.63 1.21
up Bharti Airtel Communication -- 1.37 0.39 1.17
up Bajaj Auto Automobile 17.22 1.14 0.30 0.77
up Sun Pharmaceutical Inds. Healthcare 24.81 2.49 0.47 0.73
up Adani Ports and Special Economic Zone Services 16.39 1.03 0.26 0.72
up Cipla Healthcare 22.40 0.78 0.23 0.70
up Hero Motocorp Automobile 13.58 1.74 0.33 0.69

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Asit Bhandarkar since 05-Oct-2017

Education: Mr. Bhandarkar is a B.Com (H) and MMS.

Experience: Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.

Interviews:

Funds Managed:

— Chaitanya Choksi since 25-Jul-2014

Education: Mr. Choksi is a MMS (Finance) and CFA.

Experience: Prior to joining JM Financials in 2008 he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.

Funds Managed:


0.24%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 68.4620

Dividend Yearly: ₹ 15.9403

More

Dividend Quarterly: ₹ 15.4505

Dividend Monthly: ₹ 10.6378

Dividend Half Yearly: ₹ 11.2233

Dividend: ₹ 22.9394


Investment Strategy

The scheme seeks long term capital growth and appreciation through investment primarily in equities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 5,000
Exit Load 1% for redemption within 90 days

Basic Details

Fund House: JM Financial Mutual Fund
Launch Date: 01-Apr-1995
Return Since Launch: 8.05%
Benchmark: S&P BSE Sensex TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 3,308 Cr (As on 31-Dec-2019)
Expense: 2.04% (As on 30-Sep-2019)
Risk Grade: Low
Return Grade: Low
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend27-Nov-20194.2500

 05-Dec-20180.0885
 19-Mar-20101.5000
 28-Aug-20062.0000
 27-Mar-20064.0000
 29-Mar-20054.5000
 18-Nov-20032.0000
 26-Feb-20003.0000
 05-Apr-19990.6000
 02-Apr-19980.6000
 01-Apr-19970.6000
 12-Apr-19960.6000
Dividend Yearly20-Mar-201910.8463
Dividend Monthly07-Mar-20192.0364

 21-Mar-20189.0000
 29-Dec-20175.1000
Dividend Half Yearly05-Dec-20180.0885

 17-Mar-20181.0000
 20-Mar-20173.5000
 27-Sep-20162.6000
 30-Mar-20166.2500
Dividend Quarterly05-Dec-20180.0885

 20-Mar-20183.7500
 06-Nov-20173.5000
 22-Jul-20173.9000
 25-Mar-20170.5000

Contact Information

AMC: JM Financial Asset Management Ltd.

Address: Office B-8th Floor-Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025

Phone: 022-33797777 / 1800-103-8345

Fax: 022-26528388

Email: [email protected]

Website: www.JMFinancialmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

How worrisome is the slowdown

dateFriday, 31-Jan-2020
time12:30 PM - 01:00 PM