Due to its concentrated bets in growth stocks, the returns of JM Financial's funds can deviate substantially from category norms. In a bull run, it may have some of the savviest skippers going. But its dramatic fall in slumps is a turn off.
This article was originally published on December 10, 2008.
Your fund made 18%. You made 8%
4 min read•By Pranit Mathur
New episodes every Friday
The gambling instinct
When investing morphs into betting, everyone loses except the house
Other Episodes
'Earnings will make a comeback in the second half of 2025'
Bhavesh Jain of Edelweiss on why the Indian market will recover only in the later stages of 2025
The investor in the mirror
Why human emotions can be our own worst enemy
Is gold a relic or a refuge?
Even skeptics may need to reconsider gold's role in a changing global financial order
Winning by doing nothing
Market turmoil from tariff wars offers a masterclass in investor psychology
Widely read:
