Fincash » JM Financial Mutual Fund » Best JM Financial SIP Funds
Table of Contents
JM Financial SIP is an efficient way to invest in Mutual Funds. A SIP is a method of Investing a fixed sum, on a regular Basis, in a Mutual Fund scheme. It is similar to regular saving schemes like a Recurring deposit. Here, you can invest a small sum of money at a stipulated interval. SIP helps you achieve long-term Financial goals even with a small amount invested monthly. An investor can invest as little as INR 500 with periodic intervals of investments such as monthly/ quarterly. It is this simple and affordable. Investors who want to invest in equities, the Systematic Investment plan is an ideal way to invest through. SIP tends to balance the pitfalls of equity investments.
Some of the Benefits of SIP are:
Investors who are keen to invest in a SIP, here are the best JM Financial SIP Funds to invest in Equity Funds. These funds have have been shortlisted by undertaking various parameters like AUM, past performances, peer average returns and other information ratios, etc.
Talk to our investment specialist
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) JM Multicap Fund Growth ₹107.241
↑ 1.52 ₹3,216 500 16.7 33.1 64.8 32 27.8 40 JM Value Fund Growth ₹107.858
↑ 1.46 ₹839 500 16.7 25.6 63.4 31.2 29 47.7 JM Core 11 Fund Growth ₹20.5275
↑ 0.20 ₹132 500 9.6 20.2 46.9 24.1 19.4 32.9 JM Tax Gain Fund Growth ₹50.0401
↑ 0.76 ₹161 500 14.5 27.3 48.8 24 24.6 30.9 JM Large Cap Fund Growth ₹165.782
↑ 2.74 ₹234 500 10.6 20.5 45.1 22 19.9 29.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 26 Jul 24
(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 Below is the key information for JM Multicap Fund Returns up to 1 year are on (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 Below is the key information for JM Value Fund Returns up to 1 year are on 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 Below is the key information for JM Core 11 Fund Returns up to 1 year are on 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 Below is the key information for JM Tax Gain Fund Returns up to 1 year are on (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 Below is the key information for JM Large Cap Fund Returns up to 1 year are on 1. JM Multicap Fund
CAGR/Annualized
return of 16.1% since its launch. Ranked 16 in Multi Cap
category. Return for 2023 was 40% , 2022 was 7.8% and 2021 was 32.9% . JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (26 Jul 24) ₹107.241 ↑ 1.52 (1.44 %) Net Assets (Cr) ₹3,216 on 30 Jun 24 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.54 Sharpe Ratio 3.68 Information Ratio 2.23 Alpha Ratio 20.2 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹9,452 30 Jun 21 ₹14,385 30 Jun 22 ₹15,018 30 Jun 23 ₹19,854 30 Jun 24 ₹32,602 Returns for JM Multicap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 26 Jul 24 Duration Returns 1 Month 3.7% 3 Month 16.7% 6 Month 33.1% 1 Year 64.8% 3 Year 32% 5 Year 27.8% 10 Year 15 Year Since launch 16.1% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Satish Ramanathan 20 Aug 21 2.87 Yr. Gurvinder Wasan 1 Dec 22 1.58 Yr. Chaitanya Choksi 31 Dec 21 2.5 Yr. Data below for JM Multicap Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 22.9% Financial Services 22.11% Consumer Cyclical 14.84% Basic Materials 12.91% Technology 6.75% Health Care 5.16% Communication Services 3.64% Energy 3.61% Consumer Defensive 2.7% Utility 1.87% Real Estate 1.5% Asset Allocation
Asset Class Value Cash 2.02% Equity 97.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK5% ₹175 Cr 1,040,500
↑ 540,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK3% ₹106 Cr 880,800
↑ 55,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹91 Cr 1,075,000
↑ 75,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY3% ₹89 Cr 567,750
↑ 300,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M3% ₹86 Cr 300,000
↑ 25,000 Blue Star Ltd (Industrials)
Equity, Since 31 Jan 23 | BLUESTARCO3% ₹85 Cr 518,881
↑ 77,500 Texmaco Rail & Engineering Ltd (Industrials)
Equity, Since 30 Jun 24 | TEXRAIL2% ₹79 Cr 3,168,573
↑ 3,168,573 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT2% ₹78 Cr 220,231
↑ 17,500 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Apr 24 | GRASIM2% ₹77 Cr 289,000
↑ 50,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL2% ₹74 Cr 515,000
↑ 50,000 2. JM Value Fund
CAGR/Annualized
return of 17.5% since its launch. Ranked 15 in Value
category. Return for 2023 was 47.7% , 2022 was 5.3% and 2021 was 36.3% . JM Value Fund
Growth Launch Date 2 Jun 97 NAV (26 Jul 24) ₹107.858 ↑ 1.46 (1.37 %) Net Assets (Cr) ₹839 on 30 Jun 24 Category Equity - Value AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.53 Sharpe Ratio 3.16 Information Ratio 1.48 Alpha Ratio 20.34 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹8,750 30 Jun 21 ₹14,164 30 Jun 22 ₹14,019 30 Jun 23 ₹19,233 30 Jun 24 ₹31,746 Returns for JM Value Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 26 Jul 24 Duration Returns 1 Month 4.4% 3 Month 16.7% 6 Month 25.6% 1 Year 63.4% 3 Year 31.2% 5 Year 29% 10 Year 15 Year Since launch 17.5% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Satish Ramanathan 20 Aug 21 2.87 Yr. Asit Bhandarkar 11 Dec 06 17.57 Yr. Gurvinder Wasan 1 Dec 22 1.58 Yr. Data below for JM Value Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Consumer Cyclical 22.45% Industrials 22.09% Financial Services 19.62% Basic Materials 10.55% Technology 6.06% Health Care 5.58% Energy 3.74% Real Estate 3.68% Utility 3.49% Consumer Defensive 1.34% Communication Services 0.78% Asset Allocation
Asset Class Value Cash 0.6% Equity 99.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 12 | HDFCBANK4% ₹33 Cr 195,605
↑ 55,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK3% ₹24 Cr 200,000
↓ -10,000 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY3% ₹23 Cr 149,105
↑ 50,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M3% ₹23 Cr 80,000
↓ -10,000 Titagarh Rail Systems Ltd (Industrials)
Equity, Since 31 Mar 24 | TITAGARH3% ₹22 Cr 119,446
↑ 42,329 Hindalco Industries Ltd (Basic Materials)
Equity, Since 30 Apr 24 | HINDALCO3% ₹22 Cr 315,000 LIC Housing Finance Ltd (Financial Services)
Equity, Since 30 Jun 24 | LICHSGFIN2% ₹21 Cr 257,550
↑ 257,550 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT2% ₹20 Cr 57,500 REC Ltd (Financial Services)
Equity, Since 30 Sep 22 | RECLTD2% ₹19 Cr 360,800 Housing & Urban Development Corp Ltd (Financial Services)
Equity, Since 29 Feb 24 | HUDCO2% ₹19 Cr 665,000
↓ -45,000 3. JM Core 11 Fund
CAGR/Annualized
return of 4.4% since its launch. Ranked 18 in Large Cap
category. Return for 2023 was 32.9% , 2022 was 7.1% and 2021 was 16.3% . JM Core 11 Fund
Growth Launch Date 5 Mar 08 NAV (26 Jul 24) ₹20.5275 ↑ 0.20 (1.01 %) Net Assets (Cr) ₹132 on 30 Jun 24 Category Equity - Large Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.48 Sharpe Ratio 2.78 Information Ratio 0.68 Alpha Ratio 10.26 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹8,279 30 Jun 21 ₹11,462 30 Jun 22 ₹11,418 30 Jun 23 ₹14,835 30 Jun 24 ₹21,784 Returns for JM Core 11 Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 26 Jul 24 Duration Returns 1 Month 2.7% 3 Month 9.6% 6 Month 20.2% 1 Year 46.9% 3 Year 24.1% 5 Year 19.4% 10 Year 15 Year Since launch 4.4% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Asit Bhandarkar 25 Feb 09 15.36 Yr. Gurvinder Wasan 1 Dec 22 1.58 Yr. Chaitanya Choksi 18 Jul 14 9.96 Yr. Data below for JM Core 11 Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Consumer Cyclical 23.06% Financial Services 20.19% Industrials 18.65% Basic Materials 16.32% Technology 11.74% Energy 6.37% Health Care 2.45% Asset Allocation
Asset Class Value Cash 1.22% Equity 98.78% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | HDFCBANK7% ₹9 Cr 55,000
↑ 55,000 Infosys Ltd (Technology)
Equity, Since 28 Feb 21 | INFY5% ₹7 Cr 45,610
↑ 20,000 JK Cement Ltd (Basic Materials)
Equity, Since 30 Jun 24 | JKCEMENT4% ₹5 Cr 12,000
↑ 12,000 Vedanta Ltd (Basic Materials)
Equity, Since 30 Apr 24 | 5002954% ₹5 Cr 110,000
↑ 10,000 JSW Infrastructure Ltd (Industrials)
Equity, Since 31 May 24 | 5439944% ₹5 Cr 152,000 Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 May 24 | JUBLFOOD4% ₹5 Cr 88,000
↑ 6,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 11 | LT4% ₹5 Cr 13,500
↑ 1,500 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | TRENT4% ₹5 Cr 8,609
↑ 1,250 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR4% ₹5 Cr 70,000
↑ 13,000 Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 31 Mar 23 | POWERINDIA3% ₹5 Cr 3,550
↓ -550 4. JM Tax Gain Fund
CAGR/Annualized
return of 10.3% since its launch. Ranked 18 in ELSS
category. Return for 2023 was 30.9% , 2022 was 0.5% and 2021 was 32.2% . JM Tax Gain Fund
Growth Launch Date 31 Mar 08 NAV (26 Jul 24) ₹50.0401 ↑ 0.76 (1.54 %) Net Assets (Cr) ₹161 on 30 Jun 24 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.43 Sharpe Ratio 2.63 Information Ratio 0.79 Alpha Ratio 8.78 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹8,935 30 Jun 21 ₹14,283 30 Jun 22 ₹14,168 30 Jun 23 ₹18,523 30 Jun 24 ₹27,569 Returns for JM Tax Gain Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 26 Jul 24 Duration Returns 1 Month 2.4% 3 Month 14.5% 6 Month 27.3% 1 Year 48.8% 3 Year 24% 5 Year 24.6% 10 Year 15 Year Since launch 10.3% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Asit Bhandarkar 31 Dec 21 2.5 Yr. Gurvinder Wasan 1 Dec 22 1.58 Yr. Chaitanya Choksi 18 Jul 14 9.96 Yr. Data below for JM Tax Gain Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 23.36% Financial Services 16.43% Basic Materials 16.36% Consumer Cyclical 14.23% Technology 10.32% Consumer Defensive 5.84% Communication Services 5.38% Real Estate 3.37% Health Care 2.41% Utility 1.99% Asset Allocation
Asset Class Value Cash 0.31% Equity 99.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK4% ₹7 Cr 39,131 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK4% ₹6 Cr 50,975 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹6 Cr 15,500 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFY3% ₹4 Cr 27,465
↑ 5,000 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | PFC3% ₹4 Cr 87,625
↓ -18,000 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR2% ₹4 Cr 57,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL2% ₹4 Cr 25,000 Voltas Ltd (Industrials)
Equity, Since 31 Jan 24 | VOLTAS2% ₹4 Cr 24,500 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 30 Nov 23 | VBL2% ₹4 Cr 22,000 Cummins India Ltd (Industrials)
Equity, Since 31 Oct 21 | CUMMINSIND2% ₹4 Cr 9,000
↓ -500 5. JM Large Cap Fund
CAGR/Annualized
return of 10% since its launch. Ranked 73 in Large Cap
category. Return for 2023 was 29.6% , 2022 was 3.4% and 2021 was 23.2% . JM Large Cap Fund
Growth Launch Date 1 Apr 95 NAV (26 Jul 24) ₹165.782 ↑ 2.74 (1.68 %) Net Assets (Cr) ₹234 on 30 Jun 24 Category Equity - Large Cap AMC JM Financial Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.51 Sharpe Ratio 2.79 Information Ratio 0.77 Alpha Ratio 12.34 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹9,822 30 Jun 21 ₹13,187 30 Jun 22 ₹13,289 30 Jun 23 ₹16,422 30 Jun 24 ₹23,909 Returns for JM Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 26 Jul 24 Duration Returns 1 Month 3.3% 3 Month 10.6% 6 Month 20.5% 1 Year 45.1% 3 Year 22% 5 Year 19.9% 10 Year 15 Year Since launch 10% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Satish Ramanathan 20 Aug 21 2.87 Yr. Asit Bhandarkar 5 Oct 17 6.74 Yr. Gurvinder Wasan 1 Dec 22 1.58 Yr. Data below for JM Large Cap Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 22.13% Basic Materials 17.28% Industrials 12.16% Technology 12.07% Consumer Cyclical 11.95% Utility 7.32% Energy 6.6% Communication Services 3.89% Health Care 2.94% Consumer Defensive 1.05% Asset Allocation
Asset Class Value Cash 2.61% Equity 97.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | HDFCBANK7% ₹16 Cr 97,172
↑ 38,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 11 | SBIN5% ₹12 Cr 138,397
↑ 41,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 24 | TCS5% ₹11 Cr 29,150
↑ 23,400 Infosys Ltd (Technology)
Equity, Since 30 Apr 15 | INFY5% ₹11 Cr 67,898
↑ 39,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 08 | LT5% ₹11 Cr 29,807 Grasim Industries Ltd (Basic Materials)
Equity, Since 31 Oct 23 | GRASIM4% ₹10 Cr 37,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 24 | RELIANCE4% ₹9 Cr 27,500
↑ 7,500 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 24 | AXISBANK4% ₹8 Cr 66,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK3% ₹8 Cr 64,087 Ambuja Cements Ltd (Basic Materials)
Equity, Since 31 Mar 24 | AMBUJACEM3% ₹7 Cr 110,000
↑ 47,000
Want to know how your SIP investment will grow if you invest a certain amount monthly for a specific period of time? We will explain you with an example.
SIP calculators usually take inputs such as the SIP investment amount(goal) one seeks to invest, the number of years of investing required, expected Inflation rates (one needs to account for this!) and expected returns. Hence, one can calculate the SIP returns required to achieve a goal!
Let’s suppose, if you invest INR 10,000 for 10 years, see how your SIP investment grows-
Monthly Investment: INR 10,000
Investment Period: 10 years
Total Amount Invested: INR 12,00,000
Long-term Growth Rate (approx.): 15%
Expected Returns as per sip calculator: INR 27,86,573
Net Profit: INR 15,86,573 (Absolute Return= 132.2%)
The above calculations show that if you invest INR 10,000 monthly for 10 years (a total of INR 12,00,000
) you will earn INR 27,86,573
, which means the net profit you make is INR 15,86,573
. Isn’t it great!
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!