Fund Details
JM Equity Hybrid Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.37% |
| NAV | ₹16.80 (06 May 2021) |
|---|---|
| Fund Started | 01 Apr 1995 |
| Fund Size | ₹7 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.36889375%
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Steel Authority Of India Ltd. | Metals | Equity | 7.1% |
| HDFC Bank Ltd. | Financial | Equity | 6.0% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Equity | 5.9% |
| Bajaj Finance Ltd. | Financial | Equity | 5.5% |
| Infosys Ltd. | Technology | Equity | 5.3% |
| Ashok Leyland Ltd. | Automobile | Equity | 4.4% |
| Shree Cement Ltd. | Construction | Equity | 4.3% |
| HCL Technologies Ltd. | Technology | Equity | 4.1% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.9% |
| State Bank of India | Financial | Equity | 3.5% |
Fund Managers
JM Equity Hybrid Fund IDCW Details
JM Equity Hybrid Fund IDCW is a Hybrid Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Apr 1995. Sanjay Kumar Chhabaria is the Current Fund Manager of JM Equity Hybrid Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹7 Cr and the Latest NAV as of 06 May 2021 is ₹16.80.
The JM Equity Hybrid Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. 1% for redemption within 60 days
Investment Objective
The scheme aims at steady current income as well as long term growth of capital from a balanced portfolio of debt and equity.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
