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Top 10 Best JM Financial Mutual Fund Schemes 2024

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10 Best JM Financial Mutual Fund Schemes 2024

Updated on May 16, 2024 , 2003 views

JM Financial Mutual Fund offers various funds that cater to the diverse needs of both, individual and its institutional investors. Investors can choose from options like equity, debt, arbitrage, hybrid and Liquid Funds.

By Investing in Equity Funds, investors can aim of a long-term wealth creation. Debt fund are a good option for a regular and steady Income. And by investing in Hybrid Fund, investors can avail the benefits of both debt and equity, as these funds invest in both the instruments. The fund house aims at managing risk effectively so that investors gain the most out of their investments. Following are the top 10 best JM Financial Mutual Fund schemes where you can invest and earn good profits.

These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, peer average returns, etc.

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Why Invest with JM Financial Mutual Fund?

  • It is rated CRISIL AAAmfs.
  • Since the fund house offers a Range of mutual fund schemes, investors can plan their investment goals and fulfill by investing in these funds.
  • Investors with different risk appetites can plan their investments with JM Financial MF.
  • Investors who want to invest for tax savings, JM Financial offers Tax Saving Scheme which is known by JM Tax Gain Fund. One can plan their Taxes under sec 80C.

Best JM Financial Mutual Fund Schemes

FundNAVNet Assets (Cr)Min InvestmentMin SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)Since launch (%)2023 (%)
JM Liquid Fund Growth ₹65.9928
↑ 0.01
₹1,590 5,000 500 1.83.67.25.65.17.47
JM Value Fund Growth ₹95.0687
↑ 1.61
₹581 5,000 500 7.72966.530.225.217.247.7
JM Multicap Fund Growth ₹95.0802
↑ 1.32
₹1,774 5,000 500 10.933.866.130.62515.540
JM Core 11 Fund Growth ₹19.2109
↑ 0.22
₹89 5,000 500 8.825.553.924.316.94.132.9
JM Dynamic Debt Fund Growth ₹37.7311
↓ -0.02
₹40 5,000 500 1.43.85.655.46.66.3
JM Tax Gain Fund Growth ₹44.7548
↑ 0.59
₹128 500 500 10.827.250.224.1229.730.9
JM Ultra Short Duration Fund Growth ₹26.7173
↑ 0.00
₹35 5,000 500 4.56.45.34.35.77.3
JM Large Cap Fund Growth ₹150.24
↑ 1.48
₹119 5,000 500 4.926.546.121.517.89.729.6
JM Arbitrage Fund Growth ₹30.3967
↑ 0.03
₹127 5,000 500 1.83.77.25.24.46.46.6
JM Equity Hybrid Fund Growth ₹115.941
↑ 1.37
₹223 5,000 500 9.126.75824.120.412.933.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 May 24

1. JM Liquid Fund

(Erstwhile JM High Liquidity Fund)

To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in debt and money market instruments.

JM Liquid Fund is a Debt - Liquid Fund fund was launched on 31 Dec 97. It is a fund with Low risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 3 in Liquid Fund category.  Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for JM Liquid Fund

JM Liquid Fund
Growth
Launch Date 31 Dec 97
NAV (17 May 24) ₹65.9928 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹1,590 on 31 Mar 24
Category Debt - Liquid Fund
AMC JM Financial Asset Management Limited
Rating
Risk Low
Expense Ratio 0.25
Sharpe Ratio 1.08
Information Ratio -5.33
Alpha Ratio -0.19
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.5%
Effective Maturity 1 Month 16 Days
Modified Duration 1 Month 12 Days
Sub Cat. Liquid Fund

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,584
30 Apr 21₹10,933
30 Apr 22₹11,309
30 Apr 23₹11,975
30 Apr 24₹12,837

JM Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for JM Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.6%
1 Year 7.2%
3 Year 5.6%
5 Year 5.1%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7%
2022 4.8%
2021 3.3%
2020 4%
2019 6.6%
2018 7.4%
2017 6.7%
2016 7.7%
2015 8.4%
2014 9.1%
Fund Manager information for JM Liquid Fund
NameSinceTenure
Gurvinder Wasan3 Apr 240 Yr.
Naghma Khoja21 Oct 212.45 Yr.
Ruchi Fozdar3 Apr 240 Yr.

Data below for JM Liquid Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash99.79%
Other0.21%
Debt Sector Allocation
SectorValue
Cash Equivalent60.38%
Corporate30%
Government9.4%
Credit Quality
RatingValue
AA1.76%
AAA98.24%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps-Triparty Repo
CBLO/Reverse Repo | -
18%₹412 Cr00
Bajaj Finance Limited
Commercial Paper | -
4%₹100 Cr2,000
Union Bank Of India
Certificate of Deposit | -
4%₹100 Cr2,000
Small Industries Development Bank of India
Commercial Paper | -
4%₹100 Cr2,000
India (Republic of)
- | -
3%₹70 Cr7,000,000
India (Republic of)
- | -
3%₹59 Cr6,000,000
Axis Bank Ltd.
Debentures | -
2%₹54 Cr1,100
↑ 100
Redington Ltd.
Commercial Paper | -
2%₹50 Cr1,000
↑ 1,000
Tata Capital Financial Services Ltd.
Debentures | -
2%₹50 Cr1,000
Canara Bank
Certificate of Deposit | -
2%₹50 Cr1,000

2. JM Value Fund

(Erstwhile JM Basic Fund)

The primary objective of the Scheme will be to provide capital appreciation to its Unitholders through judicious deployment of the corpus of the Scheme in sectors categorized under “basic industry” in the normal parlance and in context of the Indian economy, including but not limited to, energy, petrochemicals, oil & gas, power generation & distribution and electrical equipment suppliers, metals and building material. The fund would continue to remain open-ended with a sector focus.

JM Value Fund is a Equity - Value fund was launched on 2 Jun 97. It is a fund with High risk and has given a CAGR/Annualized return of 17.2% since its launch.  Ranked 15 in Value category.  Return for 2023 was 47.7% , 2022 was 5.3% and 2021 was 36.3% .

Below is the key information for JM Value Fund

JM Value Fund
Growth
Launch Date 2 Jun 97
NAV (17 May 24) ₹95.0687 ↑ 1.61   (1.72 %)
Net Assets (Cr) ₹581 on 31 Mar 24
Category Equity - Value
AMC JM Financial Asset Management Limited
Rating
Risk High
Expense Ratio 2.53
Sharpe Ratio 3.16
Information Ratio 1.05
Alpha Ratio 16.63
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-60 Days (1%),60 Days and above(NIL)
Sub Cat. Value

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹8,395
30 Apr 21₹13,103
30 Apr 22₹15,438
30 Apr 23₹17,455
30 Apr 24₹29,071

JM Value Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹570,326.
Net Profit of ₹270,326
Invest Now

Returns for JM Value Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 8.6%
3 Month 7.7%
6 Month 29%
1 Year 66.5%
3 Year 30.2%
5 Year 25.2%
10 Year
15 Year
Since launch 17.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 47.7%
2022 5.3%
2021 36.3%
2020 13.4%
2019 11.9%
2018 -11.2%
2017 44.6%
2016 12.1%
2015 3.5%
2014 52.4%
Fund Manager information for JM Value Fund
NameSinceTenure
Satish Ramanathan20 Aug 212.61 Yr.
Asit Bhandarkar11 Dec 0617.31 Yr.
Gurvinder Wasan1 Dec 221.33 Yr.

Data below for JM Value Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Financial Services21.57%
Consumer Cyclical21.5%
Industrials18%
Technology8.87%
Health Care6.83%
Consumer Defensive5.95%
Basic Materials5.8%
Real Estate4.19%
Utility2.6%
Communication Services2.04%
Asset Allocation
Asset ClassValue
Cash2.65%
Equity97.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 24 | ITC
4%₹25 Cr580,000
↑ 580,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹24 Cr224,000
↑ 116,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 12 | HDFCBANK
4%₹24 Cr163,605
↑ 94,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT
4%₹22 Cr57,500
↑ 7,500
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
3%₹20 Cr134,105
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M
3%₹17 Cr90,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 20 | SBIN
3%₹17 Cr225,000
Kalpataru Projects International Ltd (Industrials)
Equity, Since 28 Feb 21 | 522287
3%₹16 Cr146,010
↓ -1,500
REC Ltd (Financial Services)
Equity, Since 30 Sep 22 | 532955
3%₹15 Cr338,800
↑ 17,500
Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Dec 23 | HEROMOTOCO
2%₹14 Cr30,000

3. JM Multicap Fund

(Erstwhile JM Multi Strategy Fund)

The investment objective of the Scheme is to provide capital appreciation by investing in equity and equity related securities using a combination of strategies.

JM Multicap Fund is a Equity - Multi Cap fund was launched on 23 Sep 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.5% since its launch.  Ranked 16 in Multi Cap category.  Return for 2023 was 40% , 2022 was 7.8% and 2021 was 32.9% .

Below is the key information for JM Multicap Fund

JM Multicap Fund
Growth
Launch Date 23 Sep 08
NAV (17 May 24) ₹95.0802 ↑ 1.32   (1.40 %)
Net Assets (Cr) ₹1,774 on 31 Mar 24
Category Equity - Multi Cap
AMC JM Financial Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.54
Sharpe Ratio 3.85
Information Ratio 1.41
Alpha Ratio 15.78
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-60 Days (1%),60 Days and above(NIL)
Sub Cat. Multi Cap

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹9,123
30 Apr 21₹13,336
30 Apr 22₹15,928
30 Apr 23₹17,826
30 Apr 24₹29,430

JM Multicap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹570,326.
Net Profit of ₹270,326
Invest Now

Returns for JM Multicap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 9.2%
3 Month 10.9%
6 Month 33.8%
1 Year 66.1%
3 Year 30.6%
5 Year 25%
10 Year
15 Year
Since launch 15.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 40%
2022 7.8%
2021 32.9%
2020 11.4%
2019 16.6%
2018 -5.4%
2017 39.5%
2016 10.5%
2015 -2.8%
2014 56%
Fund Manager information for JM Multicap Fund
NameSinceTenure
Satish Ramanathan20 Aug 212.62 Yr.
Gurvinder Wasan1 Dec 221.33 Yr.
Chaitanya Choksi31 Dec 212.25 Yr.

Data below for JM Multicap Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Financial Services23.03%
Consumer Cyclical18.09%
Industrials16.8%
Technology10.6%
Health Care5.92%
Basic Materials5.87%
Consumer Defensive5.83%
Utility5.81%
Communication Services3.61%
Real Estate3.07%
Asset Allocation
Asset ClassValue
Cash1.36%
Equity98.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK
6%₹99 Cr685,500
↑ 5,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK
4%₹79 Cr725,800
↑ 175,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT
4%₹79 Cr210,731
Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY
3%₹60 Cr397,750
↓ -27,500
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
3%₹59 Cr788,700
↓ -60,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M
3%₹53 Cr275,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 24 | ITC
3%₹52 Cr1,210,000
↑ 1,210,000
Bank of Baroda (Financial Services)
Equity, Since 31 Aug 22 | 532134
3%₹51 Cr1,948,947
↓ -395,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL
3%₹47 Cr385,000
↑ 385,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 29 Feb 24 | TCS
3%₹47 Cr121,000
↑ 29,000

4. JM Core 11 Fund

The investment objective of the Scheme is to provide long-term growth by investing predominantly in a concentrated portfolio of equity / equity related instruments of companies.

JM Core 11 Fund is a Equity - Large Cap fund was launched on 5 Mar 08. It is a fund with High risk and has given a CAGR/Annualized return of 4.1% since its launch.  Ranked 18 in Large Cap category.  Return for 2023 was 32.9% , 2022 was 7.1% and 2021 was 16.3% .

Below is the key information for JM Core 11 Fund

JM Core 11 Fund
Growth
Launch Date 5 Mar 08
NAV (17 May 24) ₹19.2109 ↑ 0.22   (1.15 %)
Net Assets (Cr) ₹89 on 31 Mar 24
Category Equity - Large Cap
AMC JM Financial Asset Management Limited
Rating
Risk High
Expense Ratio 2.48
Sharpe Ratio 3.27
Information Ratio 0.25
Alpha Ratio 11.25
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-60 Days (1%),60 Days and above(NIL)
Sub Cat. Large Cap

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹8,117
30 Apr 21₹10,980
30 Apr 22₹12,480
30 Apr 23₹13,474
30 Apr 24₹20,928

JM Core 11 Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for JM Core 11 Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 7.2%
3 Month 8.8%
6 Month 25.5%
1 Year 53.9%
3 Year 24.3%
5 Year 16.9%
10 Year
15 Year
Since launch 4.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 32.9%
2022 7.1%
2021 16.3%
2020 6.3%
2019 10.6%
2018 -5%
2017 43.1%
2016 11.1%
2015 -2.4%
2014 51.3%
Fund Manager information for JM Core 11 Fund
NameSinceTenure
Asit Bhandarkar25 Feb 0915.11 Yr.
Gurvinder Wasan1 Dec 221.33 Yr.
Chaitanya Choksi18 Jul 149.71 Yr.

Data below for JM Core 11 Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Consumer Cyclical27.93%
Financial Services24.1%
Technology16.11%
Industrials13.5%
Utility5.72%
Health Care5.65%
Energy2.66%
Real Estate1.81%
Asset Allocation
Asset ClassValue
Cash2.51%
Equity97.49%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 23 | ICICIBANK
6%₹5 Cr47,500
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 11 | LT
5%₹5 Cr12,750
↑ 750
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 24 | HDFCBANK
5%₹5 Cr32,000
↑ 32,000
Infosys Ltd (Technology)
Equity, Since 28 Feb 21 | INFY
5%₹4 Cr29,110
Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 31 Mar 23 | 543187
5%₹4 Cr5,870
↓ -130
Thermax Ltd (Industrials)
Equity, Since 31 Dec 23 | THERMAX
4%₹4 Cr9,500
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR
4%₹4 Cr60,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M
4%₹3 Cr18,000
Sterling and Wilson Renewable Energy Ltd (Technology)
Equity, Since 31 Jan 24 | 542760
4%₹3 Cr63,000
↑ 10,000
Delhivery Ltd (Industrials)
Equity, Since 29 Feb 24 | 543529
4%₹3 Cr72,500

5. JM Dynamic Debt Fund

(Erstwhile JM Floater Long Term Fund)

The scheme Objective is to provide regular income and capital appreciation through investment in Floating Rate debt Instruments, fixed rate debt instruments swapped for floating rate returns and also fixed rate instruments and money market instruments.

JM Dynamic Debt Fund is a Debt - Dynamic Bond fund was launched on 25 Jun 03. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.6% since its launch.  Ranked 25 in Dynamic Bond category.  Return for 2023 was 6.3% , 2022 was 3.8% and 2021 was 2.7% .

Below is the key information for JM Dynamic Debt Fund

JM Dynamic Debt Fund
Growth
Launch Date 25 Jun 03
NAV (17 May 24) ₹37.7311 ↓ -0.02   (-0.06 %)
Net Assets (Cr) ₹40 on 31 Mar 24
Category Debt - Dynamic Bond
AMC JM Financial Asset Management Limited
Rating
Risk Moderately Low
Expense Ratio 0.97
Sharpe Ratio 0.12
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.18%
Effective Maturity 9 Years 5 Months 7 Days
Modified Duration 6 Years 3 Months 22 Days
Sub Cat. Dynamic Bond

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,536
30 Apr 21₹11,239
30 Apr 22₹11,577
30 Apr 23₹12,239
30 Apr 24₹12,923

JM Dynamic Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for JM Dynamic Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 1%
3 Month 1.4%
6 Month 3.8%
1 Year 5.6%
3 Year 5%
5 Year 5.4%
10 Year
15 Year
Since launch 6.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.3%
2022 3.8%
2021 2.7%
2020 7.8%
2019 6.2%
2018 7.4%
2017 7.5%
2016 8.3%
2015 9%
2014 8.8%
Fund Manager information for JM Dynamic Debt Fund
NameSinceTenure
Gurvinder Wasan5 Apr 221.99 Yr.
Naghma Khoja3 Apr 240 Yr.
Ruchi Fozdar3 Apr 240 Yr.

Data below for JM Dynamic Debt Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash17.81%
Debt81.91%
Other0.28%
Debt Sector Allocation
SectorValue
Government81.91%
Cash Equivalent17.81%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2037
Sovereign Bonds | -
37%₹15 Cr1,500,000
↓ -250,000
7.37% Govt Stock 2028
Sovereign Bonds | -
35%₹14 Cr1,400,000
↑ 1,200,000
7.38% Govt Stock 2027
Sovereign Bonds | -
10%₹4 Cr400,000
Corporate Debt Market Development Fund - Class A2 Units
Investment Fund | -
0%₹0 Cr111
Treps-Triparty Repo
CBLO/Reverse Repo | -
13%₹5 Cr00
Net Current Assets
Net Current Assets | -
5%₹2 Cr
7.18% Govt Stock 2033
Sovereign Bonds | -
₹0 Cr00
↓ -1,250,000

6. JM Tax Gain Fund

The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

JM Tax Gain Fund is a Equity - ELSS fund was launched on 31 Mar 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 9.7% since its launch.  Ranked 18 in ELSS category.  Return for 2023 was 30.9% , 2022 was 0.5% and 2021 was 32.2% .

Below is the key information for JM Tax Gain Fund

JM Tax Gain Fund
Growth
Launch Date 31 Mar 08
NAV (17 May 24) ₹44.7548 ↑ 0.59   (1.34 %)
Net Assets (Cr) ₹128 on 31 Mar 24
Category Equity - ELSS
AMC JM Financial Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.43
Sharpe Ratio 2.83
Information Ratio 0.19
Alpha Ratio 6.84
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Sub Cat. ELSS

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹8,658
30 Apr 21₹13,663
30 Apr 22₹16,023
30 Apr 23₹17,041
30 Apr 24₹25,902

JM Tax Gain Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033
Invest Now

Returns for JM Tax Gain Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 8.7%
3 Month 10.8%
6 Month 27.2%
1 Year 50.2%
3 Year 24.1%
5 Year 22%
10 Year
15 Year
Since launch 9.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 30.9%
2022 0.5%
2021 32.2%
2020 18.3%
2019 14.9%
2018 -4.6%
2017 42.6%
2016 5.2%
2015 -0.6%
2014 54.9%
Fund Manager information for JM Tax Gain Fund
NameSinceTenure
Asit Bhandarkar31 Dec 212.25 Yr.
Gurvinder Wasan1 Dec 221.33 Yr.
Chaitanya Choksi18 Jul 149.71 Yr.

Data below for JM Tax Gain Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Financial Services22.56%
Industrials18.83%
Technology13.07%
Consumer Cyclical12.05%
Basic Materials9.4%
Communication Services6.09%
Consumer Defensive5.06%
Utility4%
Real Estate3.25%
Health Care2.76%
Asset Allocation
Asset ClassValue
Cash2.93%
Equity97.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK
5%₹7 Cr46,131
↓ -1,750
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK
5%₹7 Cr60,975
↑ 11,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT
5%₹6 Cr15,500
↑ 2,000
Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFY
4%₹5 Cr34,215
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR
3%₹4 Cr57,500
↑ 10,000
Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | 532810
3%₹3 Cr89,125
↑ 7,500
State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN
3%₹3 Cr45,400
Thermax Ltd (Industrials)
Equity, Since 31 Dec 23 | THERMAX
3%₹3 Cr7,900
↓ -350
NTPC Ltd (Utilities)
Equity, Since 31 Dec 23 | 532555
3%₹3 Cr97,000
Bank of Baroda (Financial Services)
Equity, Since 30 Sep 22 | 532134
3%₹3 Cr123,000

7. JM Ultra Short Duration Fund

(Erstwhile JM Money Manager Fund)

To generate stable long term returns with low risk strategy and capital appreciation/accretion through investments in debt instruments and related securities besides preservation of capital.

JM Ultra Short Duration Fund is a Debt - Low Duration fund was launched on 27 Sep 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.3% since its launch.  Ranked 34 in Low Duration category. .

Below is the key information for JM Ultra Short Duration Fund

JM Ultra Short Duration Fund
Growth
Launch Date 27 Sep 06
NAV (24 Sep 20) ₹26.7173 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹35 on 31 Aug 20
Category Debt - Low Duration
AMC JM Financial Asset Management Limited
Rating
Risk Moderately Low
Expense Ratio 1
Sharpe Ratio 0.13
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 3.37%
Effective Maturity 4 Months 13 Days
Modified Duration 4 Months 7 Days
Sub Cat. Low Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹9,697

JM Ultra Short Duration Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for JM Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 0.2%
3 Month 4.5%
6 Month 6.4%
1 Year 5.3%
3 Year 4.3%
5 Year 5.7%
10 Year
15 Year
Since launch 7.3%
Historical performance (Yearly) on absolute basis
YearReturns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for JM Ultra Short Duration Fund
NameSinceTenure

Data below for JM Ultra Short Duration Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Debt Sector Allocation
SectorValue
Credit Quality
RatingValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

8. JM Large Cap Fund

(Erstwhile JM Equity Fund)

The scheme seeks to provide optimum capital growth and appreciation.

JM Large Cap Fund is a Equity - Large Cap fund was launched on 1 Apr 95. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 9.7% since its launch.  Ranked 73 in Large Cap category.  Return for 2023 was 29.6% , 2022 was 3.4% and 2021 was 23.2% .

Below is the key information for JM Large Cap Fund

JM Large Cap Fund
Growth
Launch Date 1 Apr 95
NAV (17 May 24) ₹150.24 ↑ 1.48   (0.99 %)
Net Assets (Cr) ₹119 on 31 Mar 24
Category Equity - Large Cap
AMC JM Financial Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.51
Sharpe Ratio 2.88
Information Ratio 0.5
Alpha Ratio 9.34
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-60 Days (1%),60 Days and above(NIL)
Sub Cat. Large Cap

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹9,537
30 Apr 21₹12,380
30 Apr 22₹14,280
30 Apr 23₹15,235
30 Apr 24₹22,259

JM Large Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for JM Large Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 4.9%
3 Month 4.9%
6 Month 26.5%
1 Year 46.1%
3 Year 21.5%
5 Year 17.8%
10 Year
15 Year
Since launch 9.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 29.6%
2022 3.4%
2021 23.2%
2020 18.1%
2019 4.9%
2018 0.8%
2017 20.9%
2016 1.8%
2015 -1.3%
2014 45.5%
Fund Manager information for JM Large Cap Fund
NameSinceTenure
Satish Ramanathan20 Aug 212.62 Yr.
Asit Bhandarkar5 Oct 176.49 Yr.
Gurvinder Wasan1 Dec 221.33 Yr.

Data below for JM Large Cap Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Financial Services24.02%
Consumer Cyclical13.79%
Technology12.88%
Basic Materials8.87%
Utility8.67%
Industrials7.36%
Energy7.24%
Health Care6.28%
Consumer Defensive4.87%
Communication Services1.45%
Asset Allocation
Asset ClassValue
Cash4.56%
Equity95.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 08 | LT
7%₹9 Cr23,207
↑ 3,150
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | HDFCBANK
7%₹8 Cr56,672
↑ 16,400
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 24 | RELIANCE
5%₹6 Cr20,000
↑ 20,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 24 | ITC
5%₹6 Cr135,000
↑ 135,000
Infosys Ltd (Technology)
Equity, Since 30 Apr 15 | INFY
4%₹5 Cr33,398
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK
4%₹5 Cr45,287
↑ 20,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 11 | SBIN
4%₹4 Cr58,397
↑ 8,000
Tata Power Co Ltd (Utilities)
Equity, Since 29 Feb 24 | 500400
3%₹4 Cr104,000
Bank of Baroda (Financial Services)
Equity, Since 30 Nov 22 | 532134
3%₹4 Cr154,250
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 29 Feb 24 | 500124
3%₹4 Cr6,400

9. JM Arbitrage Fund

(Erstwhile JM Arbitrage Advantage Fund)

The primary investment objective of the scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.

JM Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 18 Jul 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.4% since its launch.  Ranked 14 in Arbitrage category.  Return for 2023 was 6.6% , 2022 was 4% and 2021 was 2.8% .

Below is the key information for JM Arbitrage Fund

JM Arbitrage Fund
Growth
Launch Date 18 Jul 06
NAV (17 May 24) ₹30.3967 ↑ 0.03   (0.08 %)
Net Assets (Cr) ₹127 on 31 Mar 24
Category Hybrid - Arbitrage
AMC JM Financial Asset Management Limited
Rating
Risk Moderately Low
Expense Ratio 1.02
Sharpe Ratio 0.14
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-30 Days (0.5%),30 Days and above(NIL)
Sub Cat. Arbitrage

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,474
30 Apr 21₹10,660
30 Apr 22₹11,006
30 Apr 23₹11,554
30 Apr 24₹12,379

JM Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹340,450.
Net Profit of ₹40,450
Invest Now

Returns for JM Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.7%
1 Year 7.2%
3 Year 5.2%
5 Year 4.4%
10 Year
15 Year
Since launch 6.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.6%
2022 4%
2021 2.8%
2020 2.6%
2019 5.3%
2018 5.4%
2017 5.1%
2016 6.8%
2015 7.2%
2014 8.4%
Fund Manager information for JM Arbitrage Fund
NameSinceTenure
Asit Bhandarkar18 Jul 149.71 Yr.
Gurvinder Wasan1 Dec 221.33 Yr.
Chaitanya Choksi1 Feb 1113.17 Yr.

Data below for JM Arbitrage Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash98.39%
Debt1.59%
Other0.02%
Equity Sector Allocation
SectorValue
Financial Services19.96%
Energy8.04%
Industrials6.9%
Basic Materials6.24%
Health Care5.68%
Communication Services3.98%
Consumer Cyclical3.83%
Technology3.36%
Consumer Defensive2.46%
Utility1.94%
Real Estate0.86%
Debt Sector Allocation
SectorValue
Cash Equivalent95.78%
Corporate2.25%
Government1.95%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
JM Liquid Dir Gr
Investment Fund | -
6%₹8 Cr1,236,807
↑ 608,621
Future on HDFC Bank Ltd
Derivatives | -
5%-₹7 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 24 | HDFCBANK
5%₹7 Cr46,200
↓ -8,250
Future on Larsen & Toubro Ltd
Derivatives | -
4%-₹6 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 23 | LT
4%₹6 Cr14,700
↑ 8,700
Future on Reliance Industries Ltd
Derivatives | -
4%-₹5 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE
4%₹5 Cr17,750
↑ 3,750
Future on Vedanta Ltd
Derivatives | -
3%-₹4 Cr
Vedanta Ltd (Basic Materials)
Equity, Since 29 Feb 24 | 500295
3%₹4 Cr158,700
182 DTB 06062024
Sovereign Bonds | -
3%₹4 Cr400,000
↑ 400,000

10. JM Equity Hybrid Fund

(Erstwhile JM Balanced Fund)

To provide steady current income as well as long term growth of capital.

JM Equity Hybrid Fund is a Hybrid - Hybrid Equity fund was launched on 1 Apr 95. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.9% since its launch.  Ranked 35 in Hybrid Equity category.  Return for 2023 was 33.8% , 2022 was 8.1% and 2021 was 22.9% .

Below is the key information for JM Equity Hybrid Fund

JM Equity Hybrid Fund
Growth
Launch Date 1 Apr 95
NAV (17 May 24) ₹115.941 ↑ 1.37   (1.20 %)
Net Assets (Cr) ₹223 on 31 Mar 24
Category Hybrid - Hybrid Equity
AMC JM Financial Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.46
Sharpe Ratio 3.58
Information Ratio 1.33
Alpha Ratio 20.88
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-60 Days (1%),60 Days and above(NIL)
Sub Cat. Hybrid Equity

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹7,686
30 Apr 21₹12,727
30 Apr 22₹14,191
30 Apr 23₹15,617
30 Apr 24₹24,409

JM Equity Hybrid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644
Invest Now

Returns for JM Equity Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

DurationReturns
1 Month 7.6%
3 Month 9.1%
6 Month 26.7%
1 Year 58%
3 Year 24.1%
5 Year 20.4%
10 Year
15 Year
Since launch 12.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 33.8%
2022 8.1%
2021 22.9%
2020 30.5%
2019 -8.1%
2018 1.7%
2017 18.5%
2016 3%
2015 -0.2%
2014 33.4%
Fund Manager information for JM Equity Hybrid Fund
NameSinceTenure
Asit Bhandarkar31 Dec 212.25 Yr.
Gurvinder Wasan1 Dec 221.33 Yr.
Chaitanya Choksi20 Aug 212.62 Yr.

Data below for JM Equity Hybrid Fund as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash5.42%
Equity75.11%
Debt19.48%
Equity Sector Allocation
SectorValue
Financial Services16.15%
Consumer Cyclical15.38%
Industrials13.74%
Technology8.91%
Health Care6.7%
Communication Services4.6%
Consumer Defensive3.48%
Real Estate2.23%
Energy1.77%
Utility1.2%
Basic Materials0.95%
Debt Sector Allocation
SectorValue
Corporate10.68%
Government8.79%
Cash Equivalent5.42%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2037
Sovereign Bonds | -
5%₹12 Cr1,200,000
↑ 300,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | ICICIBANK
5%₹11 Cr101,000
↑ 36,900
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 21 | LT
4%₹9 Cr23,000
↑ 11,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL
4%₹8 Cr65,000
↑ 65,000
Bank of Baroda (Financial Services)
Equity, Since 31 Dec 23 | 532134
3%₹7 Cr282,000
↑ 100,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY
3%₹7 Cr44,050
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M
3%₹6 Cr33,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 29 Feb 24 | TCS
3%₹6 Cr16,000
↑ 3,000
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR
3%₹6 Cr91,000
REC Ltd (Financial Services)
Equity, Since 30 Nov 22 | 532955
3%₹6 Cr130,500
↓ -3,500

How to Invest in JM Mutual Fund Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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