July 23, 2024
mayank
JM Aggressive Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 139.8271
Quarterly NAV Bonus: Rs 143.1415
Yearly NAV IDCW: Rs 47.1797
NAV IDCW: Rs 77.0897
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.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme aims at steady current income as well as long term growth of capital from a balanced portfolio of debt and equity.
Fund Manager:
1) 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.
2) Chaitanya Choksi
Education: Mr. Choksi is a MMS (Finance) and CFA.
Experience: Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
3) 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.
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 60 days |
Basic Details of JM Aggressive Hybrid Fund
| Fund House | JM Financial Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 16.00% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 384 Cr |
| (As on 30-Jun-2024) | |
| Expense | 0.60% |
| (As on 30-Jun-2024) | |
| Risk Grade | Above Average |
| Return Grade | High |
| Turnover | 142.41% |
Trailing Returns (%) of JM Aggressive Hybrid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| JM Aggressive Hybrid Dir | 29.03 | 0.53 | 1.81 | 14.05 | 22.82 | 55.61 | 26.27 | 26.75 | 17.24 | 14.58 |
| VR Balanced TRI | 12.74 | -0.07 | 3.96 | 9.55 | 13.15 | 23.44 | 15.71 | 16.28 | 13.88 | 12.59 |
| Hybrid: Aggressive Hybrid | 17.04 | 0.34 | 2.57 | 10.49 | 15.99 | 31.08 | 17.33 | 18.25 | 14.21 | 14.10 |
| Rank within category | 2 | 10 | 37 | 3 | 2 | 1 | 2 | 3 | 4 | 9 |
| Number of funds in category | 46 | 47 | 47 | 46 | 46 | 44 | 43 | 38 | 29 | 23 |
Peer Comparison of JM Aggressive Hybrid Fund
| 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 Aggressive Hybrid Dir | 5 star | 55.61 | 26.27 | 26.75 | 0.60 | 384 | 16.00 | 1.00 (60) | 11Y 6M | 142.41 |
| ICICI Pru Equity & Debt Dir | 5 star | 37.83 | 25.34 | 22.98 | 1.00 | 37,037 | 18.54 | 1.00 (365) | 11Y 6M | 31.00 |
| HDFC Children’s Gift Dir | 5 star | 26.05 | 18.68 | 20.12 | 0.91 | 9,444 | 17.04 | — | 11Y 6M | 13.40 |
| Kotak Equity Hybrid Dir | 4 star | 33.00 | 19.26 | 21.00 | 0.47 | 6,045 | 15.33 | 1.00 (365) | 11Y 6M | 53.80 |
| UTI Aggressive Hybrid Dir | 4 star | 33.26 | 19.58 | 19.52 | 1.26 | 5,852 | 14.32 | 1.00 (365) | 11Y 6M | 37.00 |
Portfolio Analysis of JM Aggressive Hybrid Fund
| No. of Stocks | 42 |
| Top 10 Holdings | 31.94% |
| Top 5 Stocks | 20.14% |
| Top 3 Sectors | 29.94% |
| Portfolio P/B Ratio | 5.81 |
| Portfolio P/E Ratio | 40.27 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 69,821 | 1,88,542 |
| Giant (%) | 32.67 | 54.17 |
| Large (%) | 7.31 | 17.99 |
| Mid (%) | 50.36 | 20.73 |
| Small (%) | 9.66 | 8.61 |
| Tiny (%) | — | 0.19 |
| Fund | Category | |
| Number of Securities | 58 | 77 |
| Macaulay Duration (yrs) | 4.36 | 4.01 |
| Average Maturity (yrs) | 5.98 | 6.97 |
| Yield to Maturity (%) | 7.23 | 7.43 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For JM Aggressive Hybrid Fund
WILL Post Soon
Apply Online: https://investor.jmfinancialmf.com/jmfinvestor/
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks