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JM Equity Hybrid Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.51 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.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like all equity-linked investments, 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 aggressive hybrid 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -0.28 -1.17 -0.37 -1.11 4.52 4.11 -7.17 3.58 2.70 8.95 --
VR Balanced TRI 0.42 -0.87 -0.71 -0.24 4.35 6.58 12.55 13.48 8.20 11.10 --
Hybrid: Aggressive Hybrid 1.37 -0.62 0.06 1.30 4.75 7.58 10.87 10.12 8.23 12.81 --
Rank within category 44 44 34 43 26 39 39 32 25 22 --
Number of funds in category 44 44 44 43 43 42 39 32 25 22 0

As on 20-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 15.37 (07-May-2014 - 06-Jun-2014) -11.45 (20-May-2019 - 19-Jun-2019)
Quarter 23.36 (03-Sep-2013 - 03-Dec-2013) -16.93 (30-May-2019 - 29-Aug-2019)
Year 67.03 (03-Sep-2013 - 03-Sep-2014) -14.97 (21-Aug-2018 - 22-Aug-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.66 10.19 -0.10 -0.11 0.75 -7.02
VR Balanced TRI 13.65 10.24 1.18 -- -- --
Hybrid: Aggressive Hybrid 10.72 9.98 0.51 0.79 0.86 -1.78
Rank within category 32 22 32 32 2 32
Number of funds in category 32 32 32 32 32 32

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 13
Top 10 Holdings (%) 62.08
Top 5 Holdings (%) 40.74
Top 3 Sectors (%) 52.21
Portfolio P/B Ratio 4.73
Portfolio P/E Ratio 35.44

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 0.00 - 0.46 0.45

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 25.93 14.55 3.34 12.15
equal Reliance Industries Energy 22.42 9.65 0.00 8.68
equal Bajaj Finance Financial 50.42 16.85 0.00 8.09
equal Asian Paints Chemicals 67.11 5.97 0.44 5.97
equal ICICI Lombard General Insurance Financial 53.08 5.85 0.00 5.85
equal Kotak Mahindra Bank Financial 35.61 6.46 1.27 4.83
equal Titan Company Cons Durable 72.77 4.97 0.00 4.54
equal Britannia Inds. FMCG 59.75 4.43 0.00 4.34
equal ICICI Bank Financial 66.88 7.19 1.72 4.12
equal Maruti Suzuki India Automobile 36.29 3.52 0.00 3.52
up JSW Steel Metals 9.59 2.91 0.00 2.91
equal Axis Bank Financial 45.54 4.87 0.73 2.52
equal Flora Textiles Textiles -- 0.00 0.00 0.00

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

— 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:


-0.57%

Change from previous, NAV as on 21-Jan-2020

Growth: ₹ 44.6051

Quarterly Bonus: ₹ 45.6513

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Half Yearly Bonus: ₹ 45.6513

Dividend Yearly: ₹ 15.0511

Dividend Quarterly: ₹ 11.2869

Dividend Monthly: ₹ 32.0864

Dividend Half Yearly: ₹ 32.0956

Dividend: ₹ 24.5912

Bonus: ₹ 45.6513

Annual Bonus: ₹ 44.6747


Investment Strategy

The scheme aims at steady current income as well as long term growth of capital from a balanced portfolio of debt and equity.

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-Jan-2013
Return Since Launch: 8.55%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 10 Cr (As on 31-Dec-2019)
Expense: 1.52% (As on 31-Mar-2016)
Risk Grade: Above Average
Return Grade: Low
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Yearly07-Mar-20193.9843

 28-Mar-201813.1500
Dividend27-Nov-20180.0885

 27-Mar-20186.6500
Dividend Half Yearly27-Nov-20180.0885
Dividend Monthly27-Nov-20180.0885
Dividend Quarterly27-Nov-20180.0885

 17-Mar-20183.0000
 06-Nov-20173.0000
 22-Jul-20173.4000
 25-Mar-20173.5000
 31-Dec-20162.2500
 24-Sep-20162.2500
 16-Jun-20162.2500

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

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM