July 23, 2024
mayank
JM Flexicap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 117.9040
NAV IDCW: Rs 107.1689
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 is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market depending upon valuation discount or premium amongst Large / Mid & Small cap stocks, the fund will keep varying the weights to capture the value while keeping an optimum Risk / Return profile.
Fund Manager:
1) Satish Ramanathan
Education: Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA.
Experience: Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and 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) 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 30 days |
Basic Details of JM Flexicap Fund
| Fund House | JM Financial Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 20.33% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 3,216 Cr |
| (As on 30-Jun-2024) | |
| Expense | 0.43% |
| (As on 30-Jun-2024) | |
| Risk Grade | Low |
| Return Grade | High |
| Turnover | 133.72% |
Trailing Returns (%) of JM Flexicap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| JM Flexicap Dir | 35.58 | 0.85 | 3.51 | 19.09 | 32.65 | 66.06 | 33.12 | 28.68 | 20.88 | 20.18 |
| BSE 500 TRI | 18.78 | 0.39 | 3.34 | 12.10 | 17.72 | 36.52 | 20.06 | 21.38 | 16.32 | 15.27 |
| Equity: Flexi Cap | 20.17 | 0.45 | 2.90 | 12.54 | 18.92 | 38.49 | 20.08 | 20.98 | 16.05 | 15.84 |
| Rank within category | 1 | 8 | 19 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Number of funds in category | 81 | 85 | 83 | 82 | 81 | 77 | 60 | 46 | 36 | 31 |
Peer Comparison of JM Flexicap 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 Flexicap Dir | 5 star | 66.06 | 33.12 | 28.68 | 0.43 | 3,216 | 20.33 | 1.00 (30) | 11Y 6M | 133.72 |
| Parag Parikh Flexi Cap Dir | 5 star | 37.90 | 20.56 | 26.78 | 0.62 | 71,700 | 20.98 | 2.00 (365) | 11Y 1M | 3.31 |
| HDFC Flexi Cap Dir | 4 star | 44.01 | 27.91 | 23.38 | 0.78 | 59,124 | 17.95 | 1.00 (365) | 11Y 6M | 41.36 |
| Franklin India Flexi Cap Dir | 4 star | 44.15 | 23.94 | 23.87 | 0.95 | 16,677 | 18.25 | 1.00 (365) | 11Y 6M | 28.27 |
| HDFC Focused 30 Dir | 5 star | 44.38 | 30.02 | 24.26 | 0.49 | 13,137 | 16.61 | 1.00 (365) | 11Y 6M | 33.93 |
Portfolio Analysis of JM Flexicap Fund
| No. of Stocks | 64 |
| Top 10 Stocks | 29.25% |
| Top 5 Stocks | 17.02% |
| Top 3 Sectors | 47.71% |
| Portfolio P/B Ratio | 3.94 |
| Portfolio P/E Ratio | 27.44 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 69,009 | 1,78,915 |
| Giant (%) | 34.50 | 49.97 |
| Large (%) | 11.54 | 21.34 |
| Mid (%) | 34.56 | 22.36 |
| Small (%) | 19.41 | 7.06 |
| Tiny (%) | — | 0.19 |
Chanakya’s Mutual Fund Guidance For JM Flexicap Fund
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