Top 10 Jm Financial Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
JM Core 11 FundEquityHigh-5.5%3star32
JM Value FundEquityHigh-11.1%3star125
JM Multi Cap FundEquityModerately High-5.4%3star126
JM Tax Gain FundEquityModerately High-5.0%2star28
JM Large Cap FundEquityModerately High2.2%1star5,042
View All Top 10 Jm Financial Mutual Funds

Best JM Financial Equity Mutual Funds

The fund was launched on 15th September 1994 and JM Financial Trustee Company Private Limited acts as the trustee company to JM Financial Mutual Fund.

The main motto of JM Financial is to create wealth for each and every customer. The asset management company wants to be a trusted source to its investors and make them believe that being trustworthy is the most efficient way of generating and long-term business.

The main objectives of the fund is integrity, teamwork, client focus, innovation, implementation and adequate performance. It hosts a bouquet of mutual funds for retail as well as institutional investors and their mission is to mitigate risk, while generating returns over different categories. The professionals aim to scientifically take investment decisions, in order to seek the best possible results.

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

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JM Core 11 Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Focused segment and provided 16.09% annualized returns in the last 3 years. In the last 1 year, it gave -5.51% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.51% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Asit Bhandarkar, Chaitanya Choksi

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM32Cr
1Y Returns-5.5%

JM Value Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Value segment and provided 14.24% annualized returns in the last 3 years. In the last 1 year, it gave -11.08% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -11.08% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Asit Bhandarkar

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM125Cr
1Y Returns-11.1%

JM Multi Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 14.89% annualized returns in the last 3 years. In the last 1 year, it gave -5.44% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.44% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sanjay Kumar Chhabaria

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM126Cr
1Y Returns-5.4%

JM Tax Gain Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 14.42% annualized returns in the last 3 years. In the last 1 year, it gave -5.02% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.02% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sanjay Kumar Chhabaria, Chaitanya Choksi

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM28Cr
1Y Returns-5.0%

JM Large Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 9.72% annualized returns in the last 3 years. In the last 1 year, it gave 2.24% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.24% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Asit Bhandarkar, Chaitanya Choksi

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM5,042Cr
1Y Returns2.2%

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What does investing in JM Financial Equity Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in JM Financial Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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