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1 star

JM Core 11 Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.39 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.49 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of 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 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 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 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 13.40 -1.43 -0.23 -8.06 -2.22 7.93 17.78 11.71 12.65 9.82 13.79
S&P BSE 100 TRI 23.71 -1.66 -0.74 -5.24 -2.01 8.86 30.14 18.21 16.98 11.87 14.66
Equity: Large Cap 23.27 -1.70 -0.72 -4.72 -2.31 8.53 29.25 17.22 15.91 10.89 13.86
Rank within category 117 3 11 131 36 89 116 94 78 57 27
Number of funds in category 117 132 132 131 127 122 116 96 81 64 56

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
JM Core 11 Fund
1 star
Mar-08 17.78 11.71 12.65 2.44% 46
Axis Bluechip Fund
5 star
Jan-10 25.04 19.68 19.37 1.64% 33,967
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 31.21 17.42 15.51 1.73% 31,082
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 29.48 17.78 16.97 1.59% 30,804
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 31.95 19.18 16.29 1.86% 9,726

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 30.08 13-May-2009 - 20-May-2009 -22.58 01-Oct-2008 - 08-Oct-2008
Month 27.27 02-Jan-2012 - 01-Feb-2012 -37.16 20-Feb-2020 - 23-Mar-2020
Quarter 145.21 04-Mar-2009 - 03-Jun-2009 -59.83 20-Aug-2008 - 19-Nov-2008
Year 90.62 03-Sep-2013 - 03-Sep-2014 -39.97 06-Oct-2010 - 07-Oct-2011

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.38 24.11 0.40 0.41 1.05 -5.88
S&P BSE 100 TRI 18.50 21.49 0.68 0.81 -- --
Equity: Large Cap 16.97 21.61 0.65 0.77 0.95 -0.83
Rank within category 93 93 94 94 93 94
Number of funds in category 98 98 98 98 98 98

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 11
Top 10 Stocks (%) 90.22
Top 5 Stocks (%) 48.19
Top 3 Sectors (%) 63.78
Portfolio P/B Ratio 3.74
Portfolio P/E Ratio 35.87

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,46,488 2,96,890
Giant (%) 75.39 66.84
Large (%) 7.50 25.43
Mid (%) 9.35 10.09
Small (%) 7.77 1.89
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
equal Reliance Industries Energy 30.82 10.62 0.00 10.43
equal ICICI Bank Financial 24.03 10.15 0.00 9.93
equal Larsen & Toubro Construction 28.85 10.23 7.66 9.44
up Maruti Suzuki India Automobile 51.70 10.22 0.00 9.22
equal Infosys Technology 34.47 10.89 0.00 9.18
equal M&M Financial Services Financial -- 9.65 0.00 9.12
equal HDFC Bank Financial 24.70 9.92 8.17 8.79
equal Bajaj Finance Financial 86.22 10.29 5.41 8.76
down Titan Company Consumer Durable 120.95 10.66 7.78 7.78
down Chemplast Sanmar Chemicals 23.21 8.12 0.00 7.58
down Shree Cement Construction 35.51 10.22 7.18 7.31

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-Oct-2021

Fund Manager

— Asit Bhandarkar since 25-Feb-2009

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 he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.

Funds Managed:


-1.43%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 11.2931

IDCW: ₹ 11.2926


Investment Strategy

The objective of the fund is to generate returns by investing predominantly in a concentrated portfolio of equity and equity related securities. The 'concentrated portfolio' will comprise of not more than 11 stocks with each stock being invested to the extent of 9.09% of the NAV of the scheme.

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: 05-Mar-2008
Return Since Launch: 0.89%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 46 Cr (As on 31-Oct-2021)
Expense: 2.44% (As on 31-Oct-2021)
Risk Grade: High
Return Grade: Low
Turnover: 109.10%

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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