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Best JM Financial Equity Mutual Funds

Incorporated in June 1994 and registered under the Companies Act 1956, JM Financial Asset Management Ltd is a part of JM Financial Group. JM Financial Ltd sponsors this organisation. As of March 2021, the quarterly average assets under management of this AMC have valued at Rs.2383.38 crore.

The AMC currently offers more than 10 mutual fund schemes spread across debt, equity and hybrid categories. This includes the best JM Financial equity mutual funds.

An equity fund or a growth fund is a particular class of MF, which invests a majority of its corpus in equity shares of organisations. The stocks and shares in which these funds invest are anticipated to perform well based on detailed market analysis and research. Equity mutual funds can be primarily classified into active and passive funds. Besides these, they can also be categorised into other classes as well.

For instance, the best JM Financial equity funds can be classified as diversified or thematic/sectoral. A diversified equity fund makes investment in stocks spread across the whole market. On the other hand, a thematic or sectoral fund keeps its investments restricted to a specific theme or sector such as infrastructure or infotech. 

Furthermore, the categorisation can also be based on market capitalisation, which is the product of a company’s total outstanding shares and market price/share. In terms of market capitalisation, these funds can be segregated as mid-cap, large-cap, micro or small-cap, and multi-cap funds. 

Moreover, these MFs can be either value-based or growth-based, which defines how the stocks would get picked. The investments done are based on a scheme’s investment objective. This implies that thematic equity schemes would make investments in equities around a specific theme, large-cap schemes won’t make investments in small-cap firms, etc. 

An investor can make an investment in the best JM Financial equity mutual fund through a lump sum or SIP. Thereafter, the money gets invested into different equity stocks on behalf of the investor. Such resulting gains and losses collected in the portfolio impact the Net Asset Value (NAV) of the investor’s fund. A minimum of 65% of the corpus is invested in company stocks, while the remaining 35% can be invested in money-market or debt securities.

This AMC offers more than 5 schemes under its equity mutual fund portfolio.

Taxability

It is imperative to be aware of the above details related to the top JM Financial equity mutual funds to make a fruitful choice. At the same time, investors must also keep in mind the taxability involved in these funds.

Short-term Capital Gains Tax: An investor earns short-term capital gains or STCG on redeeming the equity fund units within a 12-month holding period. These capital gains attract an STCG tax at a 15 % rate irrespective of the income tax category of an investor.

Long-term Capital Gains Tax: If an investor redeems their equity fund units after a holding period of 12 months or more, they will earn LTCG or long-term capital gains. These capital gains are exempt from taxation if they amount to Rs.1 lakh or below in a financial year. However, if gains exceed this limit, LTCG tax at 10% would be levied on the excess sum without indexation benefits.

TDS: Investors must note that if their dividend income is within Rs. 5000 for a given financial year, as per section 194K, TDS at 10% will be levied.

Along with the taxability section, investors must also be familiar with the following parameters associated with the best JM Financial equity mutual funds.

Factors to Consider Before Investing

Risk appetite: An investor’s risk tolerance is a highly subjective issue. The psychological characteristics and financial situation of the investor are considered for determining this. Investors must note that a substantial amount of risk is involved with equity mutual funds. Therefore in order to select an ideal scheme from the best JM Financial equity mutual funds 2022, an investor must check his or her risk appetite. 

Experience of fund manager: Most experienced investors invest a considerable amount of time evaluating a fund manager. They emphasise the manager’s expertise and check out certain traits like experience level, capability to identify scripts compared to peers, etc. This is because the performance of the best JM Financial equity mutual fund greatly depends on a fund manager's competence. 

Expense ratio: Investors are charged with a certain amount of fee for managing a portfolio. The expense ratio includes fees for record-keeping and the fund manager’s salary, among other costs. 

Direct or regular plan: JM equity mutual funds come in two variants – direct and regular plans. JM Mutual Fund offers the former directly to investors, not involving any intermediary. The latter involves intermediaries like brokers and distributors. Therefore, a regular plan’s expense ratio is often higher than its direct counterpart. Resultantly, direct plans report a higher NAV. A prospective investor may want to consider this factor beforehand to make an informed choice. 

An individual venturing into the investment domain for the first time might find it daunting to select a suitable scheme among the best JM Financial equity mutual funds. However, an elementary knowledge about mutual funds and treating this article as a guide would enable them to sail through conveniently.

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List of Jm Financial Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
JM Liquid FundDebtLow to Moderate5.2%4₹1,923
JM Focused FundEquityVery High3.3%1₹45
JM Dynamic Bond FundDebtLow to Moderate4.5%4₹44
JM Flexicap FundEquityVery High5.6%3₹250
JM Tax Gain FundEquityVery High-0.4%3₹72
JM Value FundEquityVery High5.5%2₹167
JM Large Cap FundEquityVery High5.2%4₹48
JM Arbitrage FundHybridLow4.9%1₹48
JM Equity Hybrid FundHybridVery High6.4%4₹11
JM Medium to Long Duration FundDebtModerate2.1%2₹20
View All

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

JM Liquid Fund Direct Growth

Fund Performance: The JM Liquid Fund has given 4.15% annualized returns in the past three years and 5.29% in the last 5 years. The JM Liquid Fund belongs to the Debt category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Liquid Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹1,923Cr
1Y Returns5.2%

JM Focused Direct Plan Growth

Fund Performance: The JM Focused Fund has given 8.57% annualized returns in the past three years and 7.01% in the last 5 years. The JM Focused Fund belongs to the Equity category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Focused Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹45Cr
1Y Returns3.3%

JM Dynamic Bond Fund Direct Growth

Fund Performance: The JM Dynamic Bond Fund has given 5.36% annualized returns in the past three years and 6.11% in the last 5 years. The JM Dynamic Bond Fund belongs to the Debt category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Dynamic Bond Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹44Cr
1Y Returns4.5%

JM Flexicap Fund Direct Plan Growth

Fund Performance: The JM Flexicap Fund has given 16.05% annualized returns in the past three years and 11.87% in the last 5 years. The JM Flexicap Fund belongs to the Equity category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Flexicap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹250Cr
1Y Returns5.6%

JM Tax Gain Direct Plan Growth

Fund Performance: The JM Tax Gain Fund has given 14.69% annualized returns in the past three years and 11.38% in the last 5 years. The JM Tax Gain Fund belongs to the Equity category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Tax Gain Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹72Cr
1Y Returns-0.4%

JM Value Fund Direct Plan Growth

Fund Performance: The JM Value Fund has given 16.16% annualized returns in the past three years and 9.97% in the last 5 years. The JM Value Fund belongs to the Equity category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Value Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹167Cr
1Y Returns5.5%

JM Large Cap Fund Direct Plan Growth

Fund Performance: The JM Large Cap Fund has given 15.1% annualized returns in the past three years and 9.65% in the last 5 years. The JM Large Cap Fund belongs to the Equity category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Large Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹48Cr
1Y Returns5.2%

JM Arbitrage Fund Direct Growth

Fund Performance: The JM Arbitrage Fund has given 3.62% annualized returns in the past three years and 4.49% in the last 5 years. The JM Arbitrage Fund belongs to the Hybrid category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Arbitrage Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹48Cr
1Y Returns4.9%

JM Equity Hybrid Fund Direct Growth

Fund Performance: The JM Equity Hybrid Fund has given 20.46% annualized returns in the past three years and 9.76% in the last 5 years. The JM Equity Hybrid Fund belongs to the Hybrid category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Equity Hybrid Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹11Cr
1Y Returns6.4%

JM Medium to Long Duration Fund Direct Growth

Fund Performance: The JM Medium to Long Duration Fund has given 4.89% annualized returns in the past three years and 2.92% in the last 5 years. The JM Medium to Long Duration Fund belongs to the Debt category of JM Financial Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in JM Medium to Long Duration Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹20Cr
1Y Returns2.1%

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