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2 star

JM Large Cap Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.82 Lakh

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.

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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 -0.63 -0.58 2.00 3.74 11.55 -0.30 2.59 4.34 5.24 11.17 --
S&P BSE 100 TRI -11.08 -0.82 2.71 5.29 22.26 -10.09 -6.28 3.84 6.34 10.77 --
Equity: Large Cap -10.74 -0.78 2.39 4.43 19.65 -9.82 -5.48 3.25 6.02 11.28 --
Rank within category 1 14 59 55 64 1 3 17 39 24 --
Number of funds in category 65 67 67 67 65 65 62 52 49 49 0

As on 08-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
JM Large Cap Fund - Direct Plan
2 star
Jan-13 2.59 4.34 5.24 0.48 548
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 -6.46 3.59 7.01 1.10 21,766
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 -4.56 4.86 8.98 0.65 15,175
Axis Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 1.52 10.66 9.96 0.44 13,003
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 -1.45 3.96 6.82 1.14 1,406

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.45 (03-Sep-2013 - 10-Sep-2013) -8.01 (19-Aug-2015 - 26-Aug-2015)
Month 18.17 (07-May-2014 - 06-Jun-2014) -14.56 (20-Feb-2020 - 23-Mar-2020)
Quarter 25.87 (21-Feb-2014 - 23-May-2014) -15.67 (28-May-2013 - 27-Aug-2013)
Year 68.37 (13-Feb-2014 - 13-Feb-2015) -16.76 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.24 9.84 -0.11 -0.14 0.45 -1.08
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.75 20.27 -0.03 -0.03 0.95 -0.59
Rank within category 33 1 42 43 1 33
Number of funds in category 53 53 53 53 53 53

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 50.10
Top 5 Stocks (%) 34.05
Top 3 Sectors (%) 51.98
Portfolio P/B Ratio 2.23
Portfolio P/E Ratio 16.50

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,16,302 1,76,859
Giant (%) 78.27 66.23
Large (%) 19.49 23.42
Mid (%) 2.24 9.88
Small (%) -- 1.60
Tiny (%) -- --

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
up HDFC Financial 15.25 9.05 2.91 8.16
down Reliance Industries Energy 30.88 9.99 3.80 7.89
up HDFC Bank Financial 22.35 7.72 3.81 6.89
up Infosys Technology 19.88 6.17 2.12 6.17
up Hindustan Unilever FMCG 76.03 4.93 0.98 4.93
equal ICICI Bank Financial 24.97 6.10 1.93 3.54
down Tata Consultancy Services Technology 25.73 5.11 1.66 3.47
equal Tech Mahindra Technology 13.99 4.56 0.41 3.24
down Bharti Airtel Communication -- 3.53 0.39 2.94
equal ITC FMCG 15.76 6.14 2.18 2.86
equal Kotak Mahindra Bank Financial 31.14 3.84 1.52 2.70
equal Grasim Industries Construction 9.04 2.02 0.00 2.02
down Larsen & Toubro Construction 13.84 3.32 1.11 1.89
up Adani Ports and Special Economic Zone Services 18.39 1.49 0.21 1.49
equal Axis Bank Financial 67.64 5.81 0.83 1.43
down Asian Paints Chemicals 59.80 2.14 0.52 1.26
down Maruti Suzuki India Automobile 32.16 3.55 0.75 1.22
equal Dr. Reddy's Lab Healthcare 31.89 1.63 0.26 1.15
equal Nestle India FMCG 79.72 1.03 0.00 1.03
equal State Bank of India Financial 8.67 4.92 0.96 1.03
equal Coal India Energy 4.90 0.99 0.24 0.97
equal HCL Technologies Technology 14.10 1.91 0.48 0.97
equal Sun Pharmaceutical Inds. Healthcare 30.84 2.49 0.47 0.85
equal Bajaj Finance Financial 36.62 3.60 0.00 0.85
equal NTPC Energy 13.38 1.06 0.41 0.78

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-May-2020

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:


-0.58%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 73.0078

Dividend Yearly: ₹ 30.0735

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Dividend Quarterly: ₹ 30.0789

Dividend Monthly: ₹ 29.8012

Dividend Half Yearly: ₹ 29.8637

Dividend: ₹ 29.3121


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 60 days

Basic Details

Fund House: JM Financial Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.68%
Benchmark: S&P BSE Sensex TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 548 Cr (As on 31-May-2020)
Expense: 0.48% (As on 31-Mar-2016)
Risk Grade: Low
Return Grade: Low
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly07-Mar-20190.2214

 05-Dec-20180.0885
Dividend05-Dec-20180.0885
Dividend Half Yearly05-Dec-20180.0885
Dividend Quarterly05-Dec-20180.0885
Dividend Yearly05-Dec-20180.0885

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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