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3 star

JM Value Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.89 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.73 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.

Like for 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 value-oriented 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 38.55 -0.95 -2.85 3.59 11.60 29.09 66.85 23.69 15.79 16.82 --
S&P BSE 100 TRI 31.32 -0.48 -1.79 2.79 13.76 26.58 55.25 22.00 16.77 13.91 --
Equity: Value Oriented 39.89 -0.60 -2.06 3.87 11.30 28.79 65.63 21.55 15.16 15.11 --
Rank within category 9 20 18 13 9 10 7 5 -- -- --
Number of funds in category 18 21 21 20 19 18 17 16 14 13 1

As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
JM Value Fund - Direct Plan
3 star
Jan-13 66.85 23.69 15.79 1.87% 160
ICICI Prudential Value Discovery Fund - Direct Plan  | Invest Now
4 star
Jan-13 67.99 21.92 15.44 1.16% 22,746
Invesco India Contra Fund - Direct Plan  | Invest Online
4 star
Jan-13 57.58 23.32 18.86 0.55% 8,411
UTI Value Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 58.60 23.52 15.88 1.28% 6,623
Nippon India Value Fund - Direct Plan  | Invest Online
4 star
Jan-13 71.73 25.22 17.16 1.33% 4,327

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.58 03-Sep-2013 - 10-Sep-2013 -20.95 16-Mar-2020 - 23-Mar-2020
Month 23.69 07-May-2014 - 06-Jun-2014 -37.81 20-Feb-2020 - 23-Mar-2020
Quarter 37.61 21-Feb-2014 - 23-May-2014 -35.38 23-Dec-2019 - 23-Mar-2020
Year 96.22 23-Mar-2020 - 23-Mar-2021 -31.13 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 21.76 23.58 0.76 0.80 1.03 1.67
S&P BSE 100 TRI 19.55 21.62 0.72 0.85 -- --
Equity: Value Oriented 19.88 23.01 0.69 0.76 1.01 0.11
Rank within category 4 12 7 7 11 5
Number of funds in category 16 16 16 16 16 16

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 39
Top 10 Stocks (%) 43.42
Top 5 Stocks (%) 25.00
Top 3 Sectors (%) 51.47
Portfolio P/B Ratio 3.39
Portfolio P/E Ratio 23.93

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,15,977 1,13,777
Giant (%) 51.64 45.34
Large (%) 11.15 19.45
Mid (%) 31.49 25.84
Small (%) 5.71 10.84
Tiny (%) -- 0.46

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 34.62 8.03 3.68 7.67
equal HDFC Bank Financial 27.22 9.11 4.43 4.71
equal State Bank of India Financial 17.95 4.56 0.00 4.37
down Bajaj Finance Financial 104.39 10.17 3.74 4.18
equal HDFC Financial 26.03 6.92 0.00 4.07
equal HCL Technologies Technology 28.09 3.85 0.00 3.85
equal Ultratech Cement Construction 32.39 4.46 2.29 3.78
equal ICICI Bank Financial 26.31 6.45 3.54 3.62
up Kalpataru Power Trans Construction 9.05 3.61 0.00 3.61
equal Larsen & Toubro Construction 20.20 9.94 2.68 3.57
up M&M Financial Services Financial -- 4.57 0.00 3.48
equal Aditya Birla Fashion and Retail Services -- 3.36 0.00 3.36
equal SKF India Engineering 41.52 3.92 1.73 2.91
equal Voltas Consumer Durable 68.54 7.11 1.93 2.75
equal Ashok Leyland Automobile -- 3.22 0.00 2.74
equal Cummins India Engineering 29.50 3.37 0.00 2.55
up ITC FMCG 20.93 6.09 0.00 2.51
down Piramal Enterprises Healthcare 44.91 2.78 0.00 2.32
equal Sun Pharmaceutical Industries Healthcare 32.54 3.24 0.00 2.28
down Bosch Automobile 57.61 2.94 0.00 2.23
down Bharti Airtel Communication 360.64 7.51 0.00 2.20
equal Central Depository Services Financial 64.42 3.29 0.00 2.02
equal Chemplast Sanmar Chemicals 25.82 1.95 0.00 1.95
down Maruti Suzuki India Automobile 43.62 7.69 1.56 1.93
down Fortis Healthcare Healthcare 58.11 2.38 0.00 1.93

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 30-Sep-2021

Fund Manager

— Satish Ramanathan since 20-Aug-2021

Education: Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA.

Experience: Prior to joining Sundaram BNP Paribas AMC, he 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.

Funds Managed:

— Asit Bhandarkar since 01-Jan-2013

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:


-0.95%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 56.8096

IDCW: ₹ 38.7074


Investment Strategy

The scheme aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities.

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
Lock-in Period Not Applicable
Exit Load 1% for redemption within 60 days

Basic Details

Fund House: JM Financial Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 16.64%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 160 Cr (As on 30-Sep-2021)
Expense: 1.87% (As on 30-Sep-2021)
Risk Grade: Above Average
Return Grade: Average
Turnover: 64.44%

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: http://www.JMFinancialmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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