JM Value Fund

Q: What are the returns of this mutual fund scheme?

The JM Value Fund is a 28 yrs 10 m old fund and has delivered average annual returns of 14.93% since inception. JM Value Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception -2.69% 18.4% 16.79% 16.98% 14.93%

Q: How much does this mutual fund charge as expense ratio?

The JM Value Fund has an expense ratio of 2.31% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹90.3365-1.65% 1 day change	14.93% p.a.	App exclusive #NA View Ranked Funds	₹957 Cr

Historical NAV & returns

NAV: ₹90.3365 as on Feb 02, 2026

This fund Category average

JM Value Fund overview

AUM (Fund size)	₹957 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
Lock-in Period	Nil
Age	28 yrs 10 m since Mar 25, 1997
Benchmark	BSE 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.31% as on Feb 02, 2026
Plan type	Regular
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, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

JM Value 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 Feb 03, 2026

Period	This fund	Category average
1 Month	-6.37%	-8.79%
3 Months	-8.37%	-8.32%
6 Months	-6.5%	-5.01%
1 Year	-2.69%	0.77%
2 Years	2.18%	3.92%
3 Years	18.4%	13.52%
4 Years	14.51%	9.99%
5 Years	16.79%	12.72%
7 Years	17.43%	13.71%
10 Years	16.98%	13.1%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 45.83%

Mid Cap 13.17%

Small Cap 40.45%

Other Cap 0%

Top holdings

Godfrey Phillips India Ltd.4.51%

Larsen & Toubro Ltd.4.34%

HDFC Bank Ltd.4.25%

Shriram Finance Ltd4.01%

Top sectors

Financial 30.08%

Automobile 11.12%

Services 9.4%

Technology 8.719999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.44%

Allocation by Instruments

CBLO 0.43554506%

Net Receivables 0.12182661%

Other Holdings

Others 0.12%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
JM Value Fund	-6.37%	-6.5%	-2.69%	18.4%	16.79%	16.98%
ICICI Prudential India Opportunities Fund	-3.02%	5.18%	11.87%	22.83%	24.41%	13.86%
ICICI Prudential Value Fund	-3.55%	3.69%	11.27%	19.95%	20.57%	16.67%
ICICI Prudential Dividend Yield Equity Fund	-3.71%	3.15%	10.38%	22.01%	23.15%	17.4%
ICICI Prudential Diversified Equity All Cap Omni FoF	-4.85%	1.14%	8.2%	20.31%	19.81%	11.98%
SBI Contra Fund	-3.77%	1.88%	6.55%	19.59%	21.15%	17.19%

Fund name	Std. deviation	Beta	Sharpe	Sortino
JM Value Fund	16.23	1.1	0.79	1.26
ICICI Prudential India Opportunities Fund	11.3	0.83	1.35	2.2
ICICI Prudential Value Fund	11.09	0.81	1.18	2.0
ICICI Prudential Dividend Yield Equity Fund	11.93	0.87	1.26	1.98
ICICI Prudential Diversified Equity All Cap Omni FoF	11.66	0.89	1.16	1.79
SBI Contra Fund	12.07	0.91	1.07	1.65

Fund name	ETM Rank	AUM	Fund age	Expense ratio
JM Value Fund	N.A.	957 Cr	28 yrs 10 m	2.31%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	7 yrs 1 m	1.57%
ICICI Prudential Value Fund	N.A.	61,272 Cr	21 yrs 6 m	1.48%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11 yrs 9 m	1.8%
ICICI Prudential Diversified Equity All Cap Omni FoF	N.A.	258 Cr	5 yrs 11 m	1.02%
SBI Contra Fund	N.A.	49,967 Cr	20 yrs 8 m	1.5%

View all Strategy funds

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

Alpha	1.93 vs. 4.3 Underperformed at beating benchmark
Sharpe	0.79 vs. 4.6 Poor risk-adjusted returns
Beta	1.1 vs. 0.75 More sensitive to market's ups & downs
Standard deviation	16.23 vs. 8.85 More volatile performance

Compare JM Value Fund in detail with

About this fund

About JM Value Fund

JM Value Fund is a Strategy mutual fund scheme from Jm Financial Mutual Fund. This fund has been in existence for 28 yrs 10 m, having been launched on 25/03/1997. JM Value Fund has ₹957 Crores worth of assets under management (AUM) as on 31/12/2025 and is small fund of its category. The latest Net Asset Value (NAV) of JM Value Fund as of 02/02/2026 is ₹90.34. The fund has an expense ratio of 2.31%, which is higher than what most other Strategy funds charge.

JM Value Fund returns of last 1-year are -3.46%. Since launch, it has delivered 15.79% average annual returns. The fund has doubled the money invested in it every 4 yrs.
JM Value Fund 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, Automobile, Services, Technology, Capital Goods sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The fund's top 5 holdings are in Godfrey Phillips India Ltd., Larsen & Toubro Ltd., HDFC Bank Ltd., Shriram Finance Ltd, Canara Bank.

...

Fund AUM	957 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

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.

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.

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 aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities.

JM Financial Mutual Fund details

No. of schemes	16 view all schemes
Total AUM	14,344 Cr as on Dec 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	1Y	5Y
JM Flexicap Fund	N.A.	5,463 Cr	-4.42%	16.98%
JM ELSS Tax Saver Fund	N.A.	226 Cr	1.92%	15.13%
JM Focused Fund	N.A.	299 Cr	-0.9%	12.71%
JM Large Cap Fund	N.A.	464 Cr	3.82%	12.66%
JM Midcap Fund	N.A.	1,178 Cr	0.8%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of JM Value Fund?

The current Net Asset Value (NAV) of the JM Value Fund plan is approximately ₹90.3365 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The JM Value Fund is a 28 yrs 10 m old fund and has delivered average annual returns of 14.93% since inception.

JM Value Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-2.69%	18.4%	16.79%	16.98%	14.93%

How much does this mutual fund charge as expense ratio?

The JM Value Fund has an expense ratio of 2.31%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The JM Value Fund currently has assets under management (AUM) or fund size valued at approximately 957 Cr as on Dec 31, 2025.

What are the top stock holdings of JM Value Fund?

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

Company	Percentage of Portfolio
Godfrey Phillips India Ltd.	4.51%
Larsen & Toubro Ltd.	4.34%
HDFC Bank Ltd.	4.25%
Shriram Finance Ltd	4.01%
Canara Bank	3.97%
Bharti Airtel Ltd.	3.74%
Infosys Ltd.	3.38%
Hero Motocorp Ltd.	2.98%
CreditAccess Grameen Ltd.	2.87%
Tech Mahindra Ltd.	2.83%

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

The JM Value Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	30.08%
Automobile	11.12%
Services	9.4%
Technology	8.719999999999999%
Capital Goods	7.31%
Consumer Staples	6.09%
Construction	4.67%
Healthcare	4.489999999999999%
Metals & Mining	4.47%
Communication	3.74%

What is risk level of JM Value 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 can I redeem my investments in JM Value Fund?

Redeeming your investments in the JM Value Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Strategy

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 10 Years.
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.