VR Logo

4 star

JM Multicap Fund - Direct Plan


Equity: Multi Cap

1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.64 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 multi cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

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 multi 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 -10.69 0.85 2.63 7.09 14.11 -10.67 0.04 3.38 7.77 14.80 --
S&P BSE 500 TRI -9.65 0.85 2.44 7.63 19.31 -10.29 -4.91 2.81 6.47 11.41 --
Equity: Multi Cap -9.06 0.75 2.15 6.46 16.03 -9.64 -3.39 2.65 6.42 13.31 --
Rank within category 40 21 12 22 42 36 20 17 13 11 --
Number of funds in category 58 60 60 59 59 58 53 41 39 33 0

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
JM Multicap Fund - Direct Plan
4 star
Jan-13 0.04 3.38 7.77 1.32 117
Kotak Standard Multicap Fund - Direct Plan  | Invest Online
4 star
Jan-13 -5.24 3.83 8.90 0.72 27,976
Axis Focused 25 Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.22 7.82 10.60 0.65 10,399
UTI Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.19 6.63 7.50 1.41 9,057
SBI Focused Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 0.15 8.09 10.43 0.85 8,012

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.89 (19-Sep-2019 - 26-Sep-2019) -19.96 (16-Mar-2020 - 23-Mar-2020)
Month 20.89 (07-May-2014 - 06-Jun-2014) -34.43 (20-Feb-2020 - 23-Mar-2020)
Quarter 31.89 (21-Feb-2014 - 23-May-2014) -32.97 (23-Dec-2019 - 23-Mar-2020)
Year 82.26 (29-Jan-2014 - 29-Jan-2015) -22.91 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.32 19.99 -0.05 -0.05 0.87 -0.09
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: Multi Cap 4.16 21.21 -0.05 -0.05 0.95 -0.18
Rank within category 20 8 20 18 8 20
Number of funds in category 43 43 43 43 43 43

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

As on 30-Jun-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 26
Top 10 Stocks (%) 58.33
Top 5 Stocks (%) 33.49
Top 3 Sectors (%) 62.12
Portfolio P/B Ratio 4.51
Portfolio P/E Ratio 26.78

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,44,691 92,596
Giant (%) 63.87 54.17
Large (%) 31.81 16.20
Mid (%) 2.89 21.63
Small (%) 1.43 8.65
Tiny (%) -- 0.28

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
down HDFC Bank Financial 22.68 13.04 4.41 10.05
equal Bajaj Finance Financial 38.12 12.65 0.59 6.55
equal Bharti Airtel Communication -- 5.82 0.00 5.82
equal Asian Paints Chemicals 60.87 7.55 0.57 5.61
down ICICI Lombard General Insurance Company Financial 48.46 6.22 0.00 5.46
equal Britannia Inds. FMCG 63.05 5.06 0.00 5.06
equal Shree Cement Construction 53.56 5.02 0.23 5.02
equal Pidilite Industries Chemicals 62.80 5.56 0.27 4.94
new HDFC Financial 15.72 6.06 0.00 4.91
equal ITC FMCG 15.70 7.42 0.00 4.91
equal Tata Consultancy Services Technology 25.58 4.72 0.00 4.54
equal Maruti Suzuki India Automobile 31.95 8.66 1.13 4.22
down Kotak Mahindra Bank Financial 31.51 4.57 1.29 3.55
equal Hindustan Unilever FMCG 75.69 5.06 0.00 3.53
down HDFC Life Insurance Financial -- 4.30 0.00 3.21
down HDFC Asset Management Company Financial 41.96 4.04 0.00 2.98
up Ultratech Cement Construction 19.07 2.95 0.00 2.95
equal Titan Company Cons Durable 58.63 3.15 0.00 2.75
up Larsen & Toubro Construction 13.89 6.12 1.12 2.62
up Bajaj Auto Automobile 16.00 2.49 0.00 2.23
equal Thermax Engineering 42.90 2.59 0.15 1.67
equal SKF India Engineering 30.10 1.76 0.11 1.40
new Cipla Healthcare 33.30 1.38 0.00 1.38
equal Bajaj Finserv Financial 31.08 3.65 0.51 1.26
new Ashok Leyland Automobile 45.47 1.16 0.00 1.16

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

— Sanjay Kumar Chhabaria since 01-Jan-2013

Education: He is a PGDBA and CFA.

Experience: Prior to joining JM Financials he has worked with Lotus India AMC, SBI Funds Management, Religare Invesco AMC, SMIFS Securities and IDBI Capital Markets.

Funds Managed:


0.85%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 33.5636

Dividend: ₹ 30.5077


Investment Strategy

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.

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: 12.46%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 117 Cr (As on 31-May-2020)
Expense: 1.32% (As on 31-Mar-2016)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: --

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

Upcoming Video

VR Helpline

Investing rationally when markets are irrational.

dateSaturday, 11-Jul-2020
time04:00 PM - 04:30 PM