Markets / Mutual funds / Focused
JM Financial Mutual Fund · Equity fund · Direct plan · IDCW
The investment objective of the Scheme is to generate long-term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. However there can be no assurance that the investment objective of the Scheme will be realized. The Scheme does not guarantee/indicate any returns. Investors are required to read all the scheme related information set out in this document carefully.
Bars: this plan; the thin mark is the Focused average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.8 | |||||||||||
| 2025 | -7.2 | -9.1 | +7.7 | -0.3 | +4.1 | +3.6 | -2.7 | -0.3 | +1.9 | +5.2 | -0.8 | -1.7 |
| 2026 | -4.6 | +1.1 | -12.0 | +12.4 | +0.3 | +3.9 | +2.6 | +2.2 | -6.0 | -3.3 | +7.8 |
Each month's change in NAV (the current month to the latest NAV).
Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.
| Share of fund | 30 Sept 2026 | 31 Aug 2026 | Change |
|---|---|---|---|
| Stocks held | 94.2% | 97.6% | -3.41 |
| Debt | 0.0% | 1.3% | -1.28 |
| Cash & others | 5.8% | 1.2% | +4.69 |
| Top 10 stocks | 43.8% | 45.4% | -1.66 |
| Number of stocks | 27 | 27 | 0 |
Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.
| Holding | % of fund |
|---|---|
| Ujjivan Small Finance Bank Limited INE551W01018 | 5.05% |
| Bajaj Finance Limited INE296A01032 | 4.61% |
| One 97 Communications Limited INE982J01020 | 4.60% |
| Honasa Consumer Limited INE0J5401028 | 4.53% |
| Larsen & Toubro Limited INE018A01030 | 4.53% |
| Samvardhana Motherson International Ltd INE775A01035 | 4.17% |
| Lodha Developers Limited INE670K01029 | 4.15% |
| Eternal Limited INE758T01015 | 4.09% |
| One Source Specialty Pharma Ltd INE013P01021 | 4.04% |
| IDFC First Bank Limited INE092T01019 | 3.98% |
| Adani Port & Special Economic Zone Ltd INE742F01042 | 3.87% |
| Amber Enterprises India Limited INE371P01015 | 3.86% |
| Eicher Motors Limited INE066A01021 | 3.79% |
| Titan Company Limited INE280A01028 | 3.69% |
| Billionbrains Garage Ventures Ltd. INE0HOQ01053 | 3.65% |
| CEAT Limited INE482A01020 | 3.64% |
| InterGlobe Aviation Limited INE646L01027 | 3.48% |
| Shriram Finance Limited INE721A01047 | 3.45% |
| Premier Energies Limited INE0BS701011 | 3.18% |
| Nippon Life India Asset Management Ltd INE298J01013 | 2.95% |
| HDFC Bank Limited INE040A01034 | 2.59% |
| Linde India Limited INE473A01011 | 2.41% |
| GRAVITA INDIA LIMITED INE024L01027 | 2.35% |
| TENNECO CLEAN AIR INDIA LIMITED INE19RI01016 | 2.32% |
| Hindustan Aeronautics Limited INE066F01020 | 2.05% |
| JSW Energy Limited INE121E01018 | 1.99% |
| Rentomojo Limited INE08T701025 | 1.15% |
| Holding | % of fund |
|---|---|
| The Clearing Corporation of India Ltd. 01-OCT-2026 | 3.81% |
| Net Receivable/Payable | 2.03% |
From the fund house's monthly portfolio (jmfinancialmf.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.
Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).
| Fund size (average AUM, July - September 2026) | ₹288 cr across all plans · this plan ₹1.06 cr |
| Fund house | JM Financial Mutual Fund |
| Category | Equity · Focused |
| Plan | Direct |
| Option | IDCW |
| Expense ratio (TER) | Direct 1.25% · Regular 2.85% (6 Nov 2026) |
| Exit load | If the units are redeemed/switched out on or before 30 days from the date of allotment – 1.00%. If the units are redeemed / switched out after 30 days from the date of allotment – Nil. |
| Minimum investment | ₹1,000 · additional ₹100 |
| Scheme code (AMFI) | 120487 |
| ISIN | INF192K01BU1 |
| NAV date | 6 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹24.0975 | +1.00% |
| Regular · Growth | ₹20.2204 | -0.60% |
| Regular · IDCW | ₹20.2196 | -0.60% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| Invesco India Focused Fund | +13.65% | +23.46% |
| ICICI Prudential Focused Fund | +4.12% | +19.14% |
| HDFC Focused Fund | +3.27% | +17.65% |
| Bandhan Focused Fund | +3.22% | +16.85% |
| SBI FOCUSED FUND | +10.92% | +16.77% |
| Kotak Focused Fund | +7.11% | +16.72% |
| Kotak Focused Fund | +7.11% | +16.72% |
| ITI Focused Fund | +3.20% | +16.28% |
Information only, not investment advice.
₹23.6162 as of 6 Nov 2026, from AMFI's official NAV data.
1 year: 1.00%, 3 years: 13.13% a year, 5 years: 12.33% a year
Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.