JM Value Fund
NAV Growth: Rs 59.8338
NAV IDCW: Rs 40.7680
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities.
Fund Manager:
1) Satish Ramanathan
Education: Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA.
Experience: Prior to joining Sundaram BNP Paribas AMC, he has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.
2) Gurvinder Singh Wasan
Education: Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Experience: Prior to joining JM Mutual Fund, he has worked with Principal Mutual Fund, Crisil Ltd. and ICICI Bank Ltd.
3) Asit Bhandarkar
Education: Mr. Bhandarkar is a B.Com (H) and MMS.
Experience: Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
Investment Details
Min. Investment (Rs) | 1,000 |
Min. Addl Investment (Rs) | 100 |
Min. SIP Investment (Rs) | 100 |
Min. Withdrawal (Rs) | 500 |
Min. No of Cheques | 12 |
Min. Balance (Rs) | 5,000 |
Lock-in Period | NA |
Exit Load | 1% for redemption within 365 days |
Basic Details
Fund House | JM Financial Mutual Fund |
Launch Date | 01-Jan-13 |
Return Since Launch | 14.64% |
Benchmark | S&P BSE 500 TRI |
Riskometer | Very High |
Type | Open-ended |
Assets | Rs 164 Cr |
(As on 28-Feb-2023) | |
Expense | 1.82% |
(As on 31-Mar-2023) | |
Risk Grade | Average |
Return Grade | Average |
Turnover | 91.40% |
JM Value Fund Trailing Returns (%)
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
JM Value Dir | 0.32 | 0.28 | 2.35 | -0.78 | 7.39 | 10.56 | 28.74 | 12.01 | 15.97 | 16.52 |
S&P BSE 100 TRI | -2.63 | 0.08 | 3.77 | -2.01 | -0.03 | 3.07 | 25.54 | 11.70 | 13.61 | 13.48 |
Equity: Value Oriented | -1.24 | 0.11 | 3.22 | -1.57 | 2.88 | 5.96 | 30.00 | 10.67 | 13.96 | 16.37 |
Rank within category | 6 | 4 | 23 | 11 | 2 | 3 | 7 | — | — | — |
Number of funds in category | 24 | 24 | 24 | 24 | 24 | 22 | 16 | 14 | 14 | 13 |
JM Value Fund Peer Comparison
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
JM Value Dir | 3 star | 10.56 | 28.74 | 12.01 | 1.82 | 164 | 14.64 | 1.00 (365) | 10yrs 3mo | 91.40 |
ICICI Pru Value Discovery Dir | 4 star | 7.35 | 33.42 | 14.67 | 1.23 | 27,677 | 17.25 | 1.00 (365) | 10yrs 3mo | 53.00 |
Invesco Ind Contra Dir | 4 star | 3.58 | 25.62 | 11.18 | 0.61 | 9,391 | 16.90 | 1.00 (365) | 10yrs 3mo | 63.00 |
SBI Contra Dir | 5 star | 13.38 | 42.12 | 15.27 | 0.90 | 8,979 | 14.86 | 1.00 (365) | 10yrs 3mo | 39.00 |
UTI Value Opp Dir | 4 star | 3.73 | 25.55 | 11.80 | 1.16 | 6,652 | 12.38 | 1.00 (365) | 10yrs 3mo | 27.00 |
Portfolio Analysis
No. of Stocks | 38 |
Top 10 Stocks | 40.07% |
Top 5 Stocks | 23.08% |
Top 3 Sectors | 49.27% |
Portfolio P/B Ratio | 2.10 |
Portfolio P/E Ratio | 16.03 |
Portfolio Breakup
Fund | Category | |
Average Mkt Cap (Rs Cr) | 71,754 | 1,52,986 |
Giant (%) | 38.29 | 53.05 |
Large (%) | 17.08 | 20.61 |
Mid (%) | 26.03 | 22.76 |
Small (%) | 18.60 | 10.31 |
Tiny (%) | — | 0.37 |
Chanakya’s Mutual Fund Guidance For JM Value Fund
Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.
Apply Online: https://investor.jmfinancialmf.com/jmfinvestor/
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