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Fincash » Mutual Funds » Jm Balanced Fund Direct

Jm Balanced Fund - Direct - G

NAV  ₹118.308 ↑ 0.90  (0.76 %) as on 28 Mar 24

Scheme Objective

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 CAGR return of 14.8% since its launch.  Return for 2023 was 35.5% , 2022 was 9.1% and 2021 was 23.9% .

Below is the key information for JM Balanced Fund - Direct

NAV as on 28 Mar 24₹118.308 ↑ 0.90  (0.76 %)
Net Assets (AUM) as on 29 Feb 2024 ₹202 Cr.
Launch Date1 Jan 2013
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCJM Financial Asset Management Limited
Alpha Ratio22.25
Expense Ratio1.38 %
Sharpe Ratio3.733
Information Ratio1.68
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-60 Days (1%),60 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 24

DurationReturns
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

Historical performance (Yearly) on absolute basis

YearReturns
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

DateValue
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
Jm Balanced Fund - Direct Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash6.67%
Equity75.15%
Debt18.18%
Jm Balanced Fund - Direct Asset Allocation

Sector Allocation

SectorValue
Corporate10.51%
Government7.68%
Cash Equivalent6.67%
RatingValue
AAA100%
Jm Balanced Fund - Direct Debt Allocation
SectorValue
Consumer Cyclical15.84%
Financial Services14.04%
Industrials12.77%
Technology10.67%
Health Care7.66%
Real Estate4.05%
Basic Materials3.64%
Utility1.98%
Energy1.76%
Consumer Defensive1.46%
Communication Services1.28%
Jm Balanced Fund - Direct Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.18% Govt Stock 2037
Sovereign Bonds | -
4%₹9 Cr900,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY
Information Technology Services4%₹7 Cr44,050
↑ 12,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | ICICIBANK
Banks - Regional3%₹7 Cr64,100
↑ 20,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M
Auto Manufacturers3%₹6 Cr33,000
↑ 33,000
Sobha Ltd (Real Estate)
Equity, Since 30 Sep 23 | SOBHA
Real Estate - Development3%₹6 Cr38,239
REC Ltd (Financial Services)
Equity, Since 30 Nov 22 | 532955
Credit Services3%₹6 Cr134,000
↑ 40,000
GE T&D India Ltd (Industrials)
Equity, Since 30 Nov 23 | 522275
Specialty Industrial Machinery3%₹6 Cr64,050
↑ 6,500
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR
Auto Manufacturers3%₹6 Cr91,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 29 Feb 24 | TCS
Information Technology Services3%₹5 Cr13,000
↑ 13,000
Voltas Ltd (Industrials)
Equity, Since 31 Oct 23 | VOLTAS
Specialty Industrial Machinery2%₹5 Cr45,000
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Fund Managers

NameSinceTenure
Asit Bhandarkar31 Dec 212.17 Yr.
Gurvinder Wasan1 Dec 221.25 Yr.
Chaitanya Choksi20 Aug 212.53 Yr.

Custodians

CompanyAddress
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
JM Financial Mutual FundOffice B, 8th Floor, Cnergy,,Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 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

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.