JM Core 11 Direct Plan Growth-0.70%

-14.40%
1 Year Return
Equity
Focused
2.0star
6M
1Y
3Y
5Y
All

Fund Details

JM Core 11 Direct Plan Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio2.18%
NAV8.99 (29 Oct 2020)
Fund Started01 Jan 2013
Fund Size46 Cr

Returns

1Y
3Y*
5Y*
Since inception*
JM Core 11 Direct Plan Growth
-14.4%
-1.1%
9.8%
11.1%
Category Average
-1.3%
4.0%
7.9%
-
Rank within category
62
48
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -14.4% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio - 2.18%

    Top Holdings

    NameSectorInstrument% Assets
    Titan Company Ltd.Cons DurableEquity10.1%
    Maruti Suzuki India Ltd.AutomobileEquity9.7%
    Asian Paints Ltd.ChemicalsEquity9.6%
    Larsen & Toubro Ltd.ConstructionEquity8.9%
    HDFC Bank Ltd.FinancialEquity8.8%
    ICICI Lombard General Insurance Company Ltd.FinancialEquity8.7%
    Axis Bank Ltd.FinancialEquity8.5%
    Shree Cement Ltd.ConstructionEquity8.4%
    Bajaj Finance Ltd.FinancialEquity8.1%
    Petronet LNG Ltd.EnergyEquity7.9%
    See All

    Fund Managers

    addAsit Bhandarkar
    Education
    Mr. Bhandarkar is a B.Com (H) and MMS.
    Experience
    Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
    Funds Managed
    addChaitanya Choksi
    Education
    Mr. Choksi is a MMS (Finance) and CFA.
    Experience
    Prior to joining JM Financials in 2008 he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
    Funds Managed

    JM Core 11 Direct Plan Growth Details

    JM Core 11 Direct Plan Growth is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Asit Bhandarkar, Chaitanya Choksi is the Current Fund Manager of JM Core 11 Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹46 Cr and the Latest NAV as of 29 Oct 2020 is ₹8.99.

    The JM Core 11 Direct Plan Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within 60 days.

    Investment Objective

    The objective of the fund is to generate returns by investing predominantly in a concentrated portfolio of equity and equity related securities. The 'concentrated portfolio' will comprise of not more than 11 stocks with each stock being invested to the extent of 9.09% of the NAV of the scheme.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1%, if redeemed within 60 days.
    Exit Load

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    About JM Financial Mutual Fund

    Address
    Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051
    Phone
    022-61987777
    Launch Date
    15 Sep 1994
    Website
    NA
    JM Financial Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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