JM Focused Direct Plan-Growth

Q: What are the returns of JM Focused Fund?

The JM Focused Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 15.0% since inception. JM Focused Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 3.18% 22.33% 22.07% 14.59% 15.0%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹22.41+0.44% 1 day change	15.0% p.a.	#NA View Ranked Funds	₹247 Crs

Historical NAV & returns

NAV: ₹22.41 as on Jun 05, 2025

This fund Category average

JM Focused Fund overview

Expense ratio	0.72% as on May 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
AUM (Fund size)	₹247 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	BSE 500 TRI
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

JM Focused Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	3.41%	4.88%
3 Months	7.72%	11.29%
6 Months	-8.16%	-2.92%
1 Year	3.18%	8.57%
2 Years	23.17%	24.09%
3 Years	22.33%	22.07%
4 Years	17.72%	17.96%
5 Years	22.07%	25.81%
7 Years	13.59%	16.3%
10 Years	14.59%	15.42%

View returns in detail

Asset allocationas on Mar 31, 2025

Large Cap 70.62527999999999%

Mid Cap 13.25192%

Small Cap 12.9228%

Other Cap 1.3756107364315539E-14%

Top holdings

Bajaj Finance Ltd.6.53%

Cholamandalam Investment and Finance Company Ltd.5.34%

Interglobe Aviation Ltd.5.19%

HDFC Bank Ltd.4.89%

Top sectors

Financial 25.880000000000003%

Services 22.43%

Automobile 8.2%

Consumer Discretionary 7.4%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 3.69059099%

Other Holdings

Others 3.69%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
JM Focused Fund	N.A.	₹247 Crs	12 yrs 5 m	0.72%
ICICI Prudential India Opportunities Fund	N.A.	₹27,197 Crs	6 yrs 5 m	0.63%
SBI Contra Fund	N.A.	₹44,069 Crs	12 yrs 5 m	0.62%
ICICI Prudential Value Discovery Fund	N.A.	₹51,112 Crs	12 yrs 5 m	0.99%
ICICI Prudential Dividend Yield Equity Fund	N.A.	₹5,231 Crs	11 yrs 1 m	0.58%
ICICI Prudential India Equity FOF	N.A.	₹168 Crs	5 yrs 4 m	0.63%

Fund name	1M	6M	1Y	3Y	5Y	10Y
JM Focused Fund	3.41%	-8.16%	3.18%	22.33%	22.07%	14.59%
ICICI Prudential India Opportunities Fund	3.12%	2.13%	14.56%	27.6%	32.99%	14.27%
SBI Contra Fund	2.68%	-2.65%	6.83%	25.09%	34.48%	17.15%
ICICI Prudential Value Discovery Fund	2.66%	1.93%	13.95%	23.83%	28.82%	16.1%
ICICI Prudential Dividend Yield Equity Fund	2.13%	1.19%	10.97%	26.7%	32.59%	17.15%
ICICI Prudential India Equity FOF	3.03%	-0.4%	11.61%	23.28%	28.77%	12.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
JM Focused Fund	14.91	0.94	1.01	1.52
ICICI Prudential India Opportunities Fund	12.33	0.8	1.52	3.0
SBI Contra Fund	12.89	0.86	1.32	2.19
ICICI Prudential Value Discovery Fund	12.0	0.77	1.32	2.3
ICICI Prudential Dividend Yield Equity Fund	13.04	0.84	1.42	2.3
ICICI Prudential India Equity FOF	12.58	0.84	1.22	2.02

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.2 vs. 5.56 Underperformed at beating benchmark
Sharpe	1.01 vs. 5.86 Poor risk-adjusted returns
Beta	0.94 vs. 0.85 More sensitive to market's ups & downs
Standard deviation	14.91 vs. 9.89 More volatile performance

Compare JM Focused Fund in detail with

About this fund

About JM Focused Fund

JM Focused Direct Plan-Growth is a Strategy mutual fund scheme from Jm Financial Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. JM Focused Direct Plan-Growth has ₹247 Crores worth of assets under management (AUM) as on 31/03/2025 and is small fund of its category. The latest Net Asset Value (NAV) of JM Focused Direct Plan-Growth as of 05/06/2025 is ₹22.41. The fund has an expense ratio of 0.72%, which is close to what most other Strategy funds charge.

JM Focused Direct Plan-Growth returns of last 1-year are 4.94%. Since launch, it has delivered 15.01% average annual returns. The fund has doubled the money invested in it every 5 yrs.
JM Focused Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Services, Automobile, Consumer Discretionary, Healthcare sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Bajaj Finance Ltd., Cholamandalam Investment and Finance Company Ltd., Interglobe Aviation Ltd., HDFC Bank Ltd., REC Ltd..

...

Fund AUM	₹247 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Chaitanya Choksi

Mr. Choksi is a MMS (Finance) and CFA. Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.

Asit Bhandarkar

Mr. Bhandarkar is a B.Com (H) and MMS. Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.

Satish Ramanathan

Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA. 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.

Ruchi Fozdar

Ms. Ruchi is a graduate in science and PGDBM in finance Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund

Investment objective

The scheme seeks to generate long-term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies.

JM Financial Mutual Fund details

No. of schemes	15 view all schemes
Total AUM	₹13,831 Crs as on Mar 31, 2025
Address	Office B-8th Floor-Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai, 400025
Phone	022-33797777 / 1800-103-8345

More funds from JM Financial Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
JM Value Fund	N.A.	₹988 Crs	4.58%	29.63%
JM Flexicap Fund	N.A.	₹5,263 Crs	3.12%	28.15%
JM ELSS Tax Saver Fund	N.A.	₹184 Crs	7.43%	26.57%
JM Large Cap Fund	N.A.	₹491 Crs	1.48%	19.51%
JM Midcap Fund	N.A.	₹1,261 Crs	6.73%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of JM Focused Fund?

The current Net Asset Value (NAV) of the JM Focused Fund - Direct Growth plan is approximately ₹22.41 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The JM Focused Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 15.0% since inception.

JM Focused Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
3.18%	22.33%	22.07%	14.59%	15.0%

How much does this mutual fund charge as expense ratio?

The JM Focused Fund - Direct Growth has an expense ratio of 0.72%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The JM Focused Fund currently has assets under management (AUM) or fund size valued at approximately ₹247 Crs crore as of Mar 31, 2025.

What are the top stock holdings of JM Focused Fund?

The JM Focused Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Bajaj Finance Ltd.	6.53%
Cholamandalam Investment and Finance Company Ltd.	5.34%
Interglobe Aviation Ltd.	5.19%
HDFC Bank Ltd.	4.89%
REC Ltd.	4.75%
Amber Enterprises India Ltd.	4.47%
ICICI Bank Ltd.	4.37%
Eicher Motors Ltd.	4.34%
Maruti Suzuki India Ltd.	3.86%
Infosys Ltd.	3.83%

What are the top sectors JM Focused Fund has invested in?

The JM Focused Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	25.880000000000003%
Services	22.43%
Automobile	8.2%
Consumer Discretionary	7.4%
Healthcare	6.91%
Technology	5.85%
Consumer Staples	3.61%
Communication	3.51%
Capital Goods	2.91%
Energy	2.81%

What is risk level of JM Focused Fund?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in JM Focused Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for JM Focused Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in JM Focused Fund is complete.

How can I redeem my investments in JM Focused Fund?

Redeeming your investments in JM Focused Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in JM Focused Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Strategy

#NA

Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 10 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 30 days.