JM Core 11 Direct Plan Growth - Latest NAV[13.85], MF Performance & Returns 2022

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JM Core 11 Direct Plan Growth
Equity
Focused
Very High Risk
16.01%
3Y annualised
+0.36% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 14 Jan 2022₹13.85
Min. SIP amount₹500
Rating1
Fund size₹44.41Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Focused
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.7%16.0%14.6%14.9%
Category average48.0%13.9%14.2%NA
Rank with in category645444NA
Understand terms
Holdings (11)NameSectorInstrumentAssets
Reliance Industries Ltd.
EnergyEquity10.5%
Larsen & Toubro Ltd.
ConstructionEquity10.0%
Infosys Ltd.
TechnologyEquity10.0%
ICICI Bank Ltd.
FinancialEquity9.4%
Maruti Suzuki India Ltd.
AutomobileEquity9.2%
Ultratech Cement Ltd.
ConstructionEquity9.0%
HDFC Bank Ltd.
FinancialEquity8.8%
Bajaj Finance Ltd.
FinancialEquity8.8%
Mahindra & Mahindra Financial Services Ltd.
FinancialEquity8.4%
Titan Company Ltd.
Consumer DurableEquity8.2%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Focused
Pros
Lower expense ratio: 1.34%
3Y and 5Y annualised returns higher than category average
Cons
Lower AUM: 43Cr.
Funds with lower AUM tend to have higher expense ratio
Lower alpha: -4.69
The fund has generated returns lower than benchmark - S&P BSE Sensex TRI - in the last 3Y 
Low rating: 1
1Y annualised returns lower than category average by 29.43%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Nov 2021 - Present
1.34%
31 Oct 2021 - 30 Nov 2021
1.34%
30 Sep 2021 - 31 Oct 2021
1.34%
31 Aug 2021 - 30 Sep 2021
1.34%
31 Jul 2021 - 31 Aug 2021
1.35%
Expense ratio, exit load and taxExpense ratio: 1.34%Inclusive of GST
Exit loadExit load of 1%, if redeemed within 60 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementAsit Bhandarkar
Jan 2013 - Present
View details
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.
Also manages these schemes
JM Large Cap Fund IDCW
JM Large Cap Fund Growth
JM Value Fund Growth
JM Arbitrage Fund Growth
JM Arbitrage Fund IDCW
JM Value Fund IDCW
JM Core 11 Fund IDCW
JM Core 11 Fund Growth
JM Arbitrage Fund Direct IDCW
JM Arbitrage Fund Direct Growth
JM Value Fund Direct Plan IDCW
JM Value Fund Direct Plan Growth
JM Core 11 Direct Plan IDCW
JM Core 11 Direct Plan Growth
JM Large Cap Fund Direct Plan IDCW
JM Large Cap Fund Direct Plan Growth
JM Arbitrage Fund Bonus
JM Arbitrage Fund Direct Bonus
JM Arbitrage Fund Annual Bonus
JM Arbitrage Fund Direct Annual Bonus
JM Arbitrage Fund Quarterly Bonus
JM Arbitrage Fund Direct Half Yearly Bonus
JM Arbitrage Fund Direct Quarterly Bonus
JM Arbitrage Fund Half Yearly Bonus
JM Large Cap Fund IDCW Quarterly
JM Large Cap Fund IDCW Half Yearly
JM Large Cap Fund Direct Plan IDCW Monthly
JM Large Cap Fund Direct Plan IDCW Half Yearly
JM Large Cap Fund Direct Plan IDCW Yearly
JM Large Cap Fund IDCW Monthly
JM Large Cap Fund Direct Plan IDCW Quarterly
JM Large Cap Fund IDCW Yearly
JM Arbitrage Fund IDCW Yearly
JM Arbitrage Fund IDCW Monthly
JM Arbitrage Fund IDCW Quarterly
JM Arbitrage Fund IDCW Half Yearly
JM Arbitrage Fund Direct IDCW Half Yearly
JM Arbitrage Fund Direct IDCW Monthly
JM Arbitrage Fund Direct IDCW Yearly
JM Arbitrage Fund Direct IDCW Quarterly
Chaitanya Choksi
Jul 2014 - Present
View details
Education
Mr. Choksi is a MMS (Finance) and CFA.
Experience
Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
Also manages these schemes
JM Large Cap Fund IDCW
JM Large Cap Fund Growth
JM Equity Hybrid Fund IDCW
JM Equity Hybrid Fund Growth
JM Arbitrage Fund Growth
JM Arbitrage Fund IDCW
JM Tax Gain Fund IDCW
JM Tax Gain Fund Growth
JM Core 11 Fund IDCW
JM Core 11 Fund Growth
JM Arbitrage Fund Direct IDCW
JM Arbitrage Fund Direct Growth
JM Equity Hybrid Fund Direct IDCW
JM Equity Hybrid Fund Direct Growth
JM Core 11 Direct Plan IDCW
JM Core 11 Direct Plan Growth
JM Large Cap Fund Direct Plan IDCW
JM Large Cap Fund Direct Plan Growth
JM Tax Gain Direct Plan IDCW
JM Tax Gain Direct Plan Growth
JM Arbitrage Fund Bonus
JM Arbitrage Fund Direct Bonus
JM Equity Hybrid Fund Direct Annual Bonus
JM Equity Hybrid Fund IDCW Yearly
JM Equity Hybrid Fund Direct IDCW Yearly
JM Arbitrage Fund Annual Bonus
JM Arbitrage Fund Direct Annual Bonus
JM Arbitrage Fund Quarterly Bonus
JM Arbitrage Fund Direct Half Yearly Bonus
JM Arbitrage Fund Direct Quarterly Bonus
JM Arbitrage Fund Half Yearly Bonus
JM Equity Hybrid Fund Bonus
JM Equity Hybrid Fund Direct Bonus
JM Equity Hybrid Fund Direct IDCW Half Yearly
JM Equity Hybrid Fund Half Yearly Bonus
JM Equity Hybrid Fund IDCW Monthly
JM Equity Hybrid Fund IDCW Quarterly
JM Equity Hybrid Fund Direct IDCW Quarterly
JM Equity Hybrid Fund Annual Bonus
JM Equity Hybrid Fund IDCW Half Yearly
JM Equity Hybrid Fund Direct Half Yearly Bonus
JM Equity Hybrid Fund Quarterly Bonus
JM Equity Hybrid Fund Direct Quarterly Bonus
JM Equity Hybrid Fund Direct IDCW Monthly
JM Large Cap Fund IDCW Quarterly
JM Large Cap Fund IDCW Half Yearly
JM Large Cap Fund Direct Plan IDCW Monthly
JM Large Cap Fund Direct Plan IDCW Half Yearly
JM Large Cap Fund Direct Plan IDCW Yearly
JM Large Cap Fund IDCW Monthly
JM Large Cap Fund Direct Plan IDCW Quarterly
JM Large Cap Fund IDCW Yearly
JM Arbitrage Fund IDCW Yearly
JM Arbitrage Fund IDCW Monthly
JM Arbitrage Fund IDCW Quarterly
JM Arbitrage Fund IDCW Half Yearly
JM Arbitrage Fund Direct IDCW Half Yearly
JM Arbitrage Fund Direct IDCW Monthly
JM Arbitrage Fund Direct IDCW Yearly
JM Arbitrage Fund Direct IDCW Quarterly
Fund house & investment objective
JM Financial Mutual Fund
Rank (total assets)#32 in India
Total AUM₹2,170.00Cr
Date of Incorporation15 Sep 1994
 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
 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 15 Sep 1994. 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 ₹2,170 Cr and the Latest NAV as of 14 Jan 2022 is ₹13.85.
The JM Core 11 Direct Plan Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within 60 days.
...Read more
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 '
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.
...Read more
Fund benchmarkS&P BSE Sensex TRI
Scheme Information Document(SID)
Fund house contact details
Address
Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051
Phone
022-61987777
Launch Date
15 Sep 1994
E-mail
[email protected]
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,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow to Invest in JM Core 11 Direct Plan Growth
You can easily invest in JM Core 11 Direct Plan Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for JM Core 11 Direct Plan Growth from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in JM Core 11 Direct Plan Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does JM Core 11 Direct Plan Growth provide?
The JM Core 11 Direct Plan Growth has been there from 01 Jan 2013 and the average annual returns provided by this
fund is 21.73% since its inception.
How much expense ratio is charged by JM Core 11 Direct Plan Growth?
The term Expense Ratio used for JM Core 11 Direct Plan Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of JM Core 11 Direct Plan Growth is 1.34% as of 17 Jan 2022...
What is the AUM of JM Core 11 Direct Plan Growth?
The AUM, short for Assets Under Management of JM Core 11 Direct Plan Growth is ₹44.41Cr as of 17 Jan 2022.
How to Redeem JM Core 11 Direct Plan Growth?
If you want to sell your JM Core 11 Direct Plan Growth holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of JM Core 11 Direct Plan Growth?
You can select either SIP  or Lumpsum  investment of JM Core 11 Direct Plan Growth based on your investment objective and risk tolerance.
What is the NAV of JM Core 11 Direct Plan Growth?
The NAV of JM Core 11 Direct Plan Growth is ₹13.85 as of 14 Jan 2022.
What is the PE and PB ratio of JM Core 11 Direct Plan Growth?
The PE ratio ratio of JM Core 11 Direct Plan Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	21.7%	16.0%	14.6%	14.9%
Category average	48.0%	13.9%	14.2%	NA
Rank with in category	64	54	44	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	10.5%
Larsen & Toubro Ltd.	Construction	Equity	10.0%
Infosys Ltd.	Technology	Equity	10.0%
ICICI Bank Ltd.	Financial	Equity	9.4%
Maruti Suzuki India Ltd.	Automobile	Equity	9.2%
Ultratech Cement Ltd.	Construction	Equity	9.0%
HDFC Bank Ltd.	Financial	Equity	8.8%
Bajaj Finance Ltd.	Financial	Equity	8.8%
Mahindra & Mahindra Financial Services Ltd.	Financial	Equity	8.4%
Titan Company Ltd.	Consumer Durable	Equity	8.2%

Rank (total assets)	#32 in India
Total AUM	₹2,170.00Cr

Date of Incorporation	15 Sep 1994

Fund benchmark	S&P BSE Sensex TRI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	1
Fund size	₹44.41Cr