Fund Details
JM Equity Hybrid Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.37% |
| NAV | ₹64.08 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Apr 1995 |
| Fund Size | ₹8 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y 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
5. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Equity | 5.8% |
| Infosys Ltd. | Technology | Equity | 5.5% |
| HDFC Bank Ltd. | Financial | Equity | 5.4% |
| Reliance Industries Ltd. | Energy | Equity | 4.9% |
| Ashok Leyland Ltd. | Automobile | Equity | 4.3% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Equity | 4.2% |
| HCL Technologies Ltd. | Technology | Equity | 3.7% |
| Shree Cement Ltd. | Construction | Equity | 3.6% |
| Asian Paints Ltd. | Chemicals | Equity | 3.6% |
| State Bank of India | Financial | Equity | 3.6% |
Fund Managers
JM Equity Hybrid Fund Growth Details
JM Equity Hybrid Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8 Cr and the Latest NAV as of 23 Jul 2021 is ₹64.08.
The JM Equity Hybrid Fund Growth 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.
