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JM Multicap Fund


1 Lakh

Investment Grown to
₹ 1.49 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.22 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.

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.

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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 1.86 -0.14 1.57 2.58 4.85 13.18 20.78 14.22 10.34 14.78 8.65
S&P BSE 500 TRI 2.52 0.09 1.44 2.95 7.83 6.83 11.85 13.32 9.18 12.49 10.13
Equity: Multi Cap 2.48 0.14 1.52 2.97 7.20 7.55 12.79 11.73 8.42 13.03 11.02
Rank within category 48 52 33 41 54 2 7 8 10 7 24
Number of funds in category 60 60 60 60 59 55 50 41 37 33 29

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 37.74 (29-Apr-2009 - 29-May-2009) -38.45 (26-Sep-2008 - 27-Oct-2008)
Quarter 83.67 (09-Mar-2009 - 10-Jun-2009) -24.31 (10-Nov-2010 - 09-Feb-2011)
Year 142.20 (24-Oct-2008 - 26-Oct-2009) -36.34 (05-Oct-2010 - 05-Oct-2011)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.37 13.68 0.71 0.99 0.92 2.23
S&P BSE 500 TRI 13.80 13.09 0.92 -- -- --
Equity: Multi Cap 12.39 13.39 0.50 0.73 0.95 -1.00
Rank within category 6 25 5 8 15 5
Number of funds in category 42 42 42 42 42 42

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 21
Top 10 Stocks (%) 63.99
Top 5 Stocks (%) 42.62
Top 3 Sectors (%) 66.90
Portfolio P/B Ratio 6.16
Portfolio P/E Ratio 39.22

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,81,940 1,06,667
Giant (%) 68.01 54.39
Large (%) 27.66 14.74
Mid (%) 4.33 23.70
Small (%) -- 8.67
Tiny (%) -- 0.21

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 HDFC Bank Financial 26.28 13.04 4.41 12.88
equal Bajaj Finance Financial 51.27 12.21 0.59 12.21
equal Asian Paints Chemicals 68.95 6.97 0.57 6.83
equal ICICI Lombard General Insurance Financial 55.56 5.58 0.00 5.54
equal Larsen & Toubro Construction 19.52 6.12 1.77 5.15
equal ICICI Bank Financial 68.14 5.01 0.00 5.01
equal Pidilite Industries Chemicals 69.24 4.69 0.27 4.26
equal Tata Consultancy Services Technology 25.06 4.72 0.00 4.07
equal Kotak Mahindra Bank Financial 39.08 4.08 1.26 4.05
up HDFC Asset Management Company Financial 58.95 3.99 0.00 3.99
equal Maruti Suzuki India Automobile 37.07 8.66 1.13 3.74
equal Britannia Inds. FMCG 59.71 4.02 0.00 3.71
equal Bajaj Finserv Financial 41.34 3.64 0.00 3.64
equal Shree Cement Construction 64.67 3.67 0.00 3.33
equal Hindustan Unilever FMCG 67.62 3.60 0.00 3.17
equal Titan Company Cons Durable 73.22 2.81 0.00 2.49
equal Thermax Engineering 44.62 2.87 0.15 2.27
up Bharti Airtel Communication -- 2.01 0.00 2.01
equal SKF India Engineering 32.79 1.76 0.11 1.73
equal Petronet LNG Energy 15.44 2.52 0.00 1.50
equal HPCL Energy 7.54 5.80 0.00 0.71

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 25-Feb-2009

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:


-0.14%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 35.5959

Dividend: ₹ 27.4294


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 90 days

Basic Details

Fund House: JM Financial Mutual Fund
Launch Date: 23-Sep-2008
Return Since Launch: 11.87%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 143 Cr (As on 31-Dec-2019)
Expense: 2.13% (As on 30-Sep-2019)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend24-Jul-20194.3828

 19-Mar-20101.0000

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