Table of Contents To provide steady current income as well as long term growth of capital. JM Balanced Fund - Direct is a Hybrid - Hybrid Equity fund launched on 1 Jan 13. It is a fund with Moderately High risk and has given a Below is the key information for JM Balanced Fund - Direct Returns up to 1 year are on Historical performance (Yearly) on absolute basis Jm Balanced Fund - Direct - G
Scheme Objective
CAGR
return of 14.8% since its launch. Return for 2023 was 35.5% , 2022 was 9.1% and 2021 was 23.9% . NAV as on 28 Mar 24 ₹118.308 ↑ 0.90 (0.76 %) Net Assets (AUM) as on 29 Feb 2024 ₹202 Cr. Launch Date 1 Jan 2013 Category Hybrid - Hybrid Equity Rating Type Open Ended Fund Risk Moderately High AMC JM Financial Asset Management Limited Alpha Ratio 22.25 Expense Ratio 1.38 % Sharpe Ratio 3.733 Information Ratio 1.68 Benchmark Not Available Min Investment ₹5,000 Min SIP Investment ₹500 Exit Load 0-60 Days (1%),60 Days and above(NIL) NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Mar 24 Duration Returns 1 Month -0.4% 3 Month 9.4% 6 Month 22.2% 1 Year 53.6% 3 Year 23.6% 5 Year 18.8% 10 Year 15 Year Since launch 14.8% Historical Annual Returns
Year Returns 2023 35.5% 2022 9.1% 2021 23.9% 2020 31.5% 2019 -6.8% 2018 2.5% 2017 18.6% 2016 3.8% 2015 1.3% Growth of 10k Over Years
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹8,987 28 Feb 21 ₹13,009 28 Feb 22 ₹14,756 28 Feb 23 ₹16,344 29 Feb 24 ₹24,706 Asset Allocation
Asset Class Value Cash 6.67% Equity 75.15% Debt 18.18% Sector Allocation
Sector Value Corporate 10.51% Government 7.68% Cash Equivalent 6.67% Rating Value AAA 100% Sector Value Consumer Cyclical 15.84% Financial Services 14.04% Industrials 12.77% Technology 10.67% Health Care 7.66% Real Estate 4.05% Basic Materials 3.64% Utility 1.98% Energy 1.76% Consumer Defensive 1.46% Communication Services 1.28% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -4% ₹9 Cr 900,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFYInformation Technology Services 4% ₹7 Cr 44,050
↑ 12,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | ICICIBANKBanks - Regional 3% ₹7 Cr 64,100
↑ 20,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&MAuto Manufacturers 3% ₹6 Cr 33,000
↑ 33,000 Sobha Ltd (Real Estate)
Equity, Since 30 Sep 23 | SOBHAReal Estate - Development 3% ₹6 Cr 38,239 REC Ltd (Financial Services)
Equity, Since 30 Nov 22 | 532955Credit Services 3% ₹6 Cr 134,000
↑ 40,000 GE T&D India Ltd (Industrials)
Equity, Since 30 Nov 23 | 522275Specialty Industrial Machinery 3% ₹6 Cr 64,050
↑ 6,500 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVRAuto Manufacturers 3% ₹6 Cr 91,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 29 Feb 24 | TCSInformation Technology Services 3% ₹5 Cr 13,000
↑ 13,000 Voltas Ltd (Industrials)
Equity, Since 31 Oct 23 | VOLTASSpecialty Industrial Machinery 2% ₹5 Cr 45,000
Talk to our investment specialistFund Managers
Name Since Tenure Asit Bhandarkar 31 Dec 21 2.17 Yr. Gurvinder Wasan 1 Dec 22 1.25 Yr. Chaitanya Choksi 20 Aug 21 2.53 Yr. Custodians
Company Address HDFC Bank Ltd HDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W), Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address JM Financial Mutual Fund Office B, 8th Floor, Cnergy,,Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051 Auditors
Company Address Haribhakti & Co. Chartered Accountants 42, Free Press House,4th Floor,,215, Nariman Point, S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year JM Balanced Fund - Direct
Growth ₹118.308
↑ 0.90 22.16 % 53.55 % 23.61 % 18.77 % JM Balanced Fund - Direct
Normal Dividend, Reinvestment ₹65.2255
↑ 0.49 22.16 % 53.56 % 23.61 % 18.77 % JM Balanced Fund - Direct
Monthly Dividend, Payout ₹85.1051
↑ 0.65 22.16 % 53.55 % 23.61 % 18.77 % JM Balanced Fund - Direct
Quarterly Dividend, Payout ₹29.937
↑ 0.23 22.16 % 53.55 % 23.61 % 18.76 % JM Balanced Fund - Direct
Half-Yearly Dividend, Payout ₹85.13
↑ 0.65 22.16 % 53.55 % 23.61 % 18.77 % JM Balanced Fund - Direct
Bi-Weekly Bonus, Bonus ₹121.102
↑ 0.92 22.16 % 53.54 % 23.61 % 18.77 % JM Balanced Fund - Direct
Normal Dividend, Payout ₹65.2255
↑ 0.49 22.16 % 53.56 % 23.61 % 18.77 % JM Balanced Fund - Direct
Annual Dividend, Payout ₹39.9188
↑ 0.30 22.16 % 53.54 % 23.61 % 18.76 % JM Balanced Fund - Direct
Quarterly Bonus, Bonus ₹121.102
↑ 0.92 22.16 % 53.54 % 23.61 % 18.77 % JM Balanced Fund - Direct
Half-Yearly Bonus, Bonus - - - - JM Balanced Fund - Direct
Annual Bonus, Bonus ₹118.49
↑ 0.90 22.16 % 53.55 % 23.61 % 18.77 % Data as on 28 Mar 24