JM Value Fund - Direct Plan - Growth

NAVs of 6 Nov 2026

JM Financial Mutual Fund · Equity fund · Direct plan · Growth

ValueDirect · GrowthRisk: Very High

NAV · 5 Nov 2026

₹107.6220 ▲ 1.66%

JM Financial Mutual Fund

Fund size₹810 crJuly - September 2026

1-month range₹100.05 – 108.58

1 year-2.48%rank 11 of 17

Expense ratio1.55%direct plan, a year

5 years+13.81%a year

What the fund does

JM Value Fund is an open-ended diversified equity scheme which aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities. However, there can be no assurance that the investment objectives 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.

BenchmarkBSE 500 TRI

Launched2 Jun 1997

Fund houseJM Financial Mutual Fund

Fund managersSatish Ramanathansince 20 Aug 2021Asit Bhandarkarsince 11 Dec 2006Deepak Guptasince 11 Apr 2025Ruchi Fozdarsince 4 Oct 2024

NAV history

Returns

1 week

+4.48%avg 4.9%

1 month

-0.88%avg 2.8%

3 months

-2.95%avg -2.7%

6 months

+0.37%avg -0.4%

This year

-1.07%avg -0.6%

1 year

-2.48%avg 0.6% · #11/17

3 years (a year)

+11.69%avg 13.6% · #12/16

5 years (a year)

+13.81%avg 12.5% · #2/12

Bars: this plan; the thin mark is the Value average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-0.2
2025	-7.3	-10.0	+5.2	+4.3	+6.4	+2.2	-1.9	-3.5	+1.3	+2.6	-0.4	-1.1
2026	-4.6	+0.6	-12.9	+14.3	-0.3	+3.8	+0.0	+3.6	-3.2	-6.5	+6.7

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

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.

Portfolio as on 30 Sept 2026

Stocks held7476 lines in all

Top 10 stocks30.3%of the fund

Equity98.8%stocks and equity derivatives

Debt & cash1.2%everything else

Where the money is

Equity 98.8%Cash & others 1.2%

Sectors (stocks held)

Banks

11.3%

Finance

10.8%

Auto Components

7.9%

Construction

5.6%

Electrical Equipment

5.2%

IT - Software

4.9%

Commercial Services & Supplies

4.7%

Industrial Products

4.5%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	98.8%	98.9%	-0.07
Debt	0.0%	0.2%	-0.24
Cash & others	1.2%	0.9%	+0.31
Top 10 stocks	30.3%	32.3%	-2.02
Number of stocks	74	74	0

New stocks 4

EPL Limited1.52%
Hero Motors Limited0.93%
Asset Reconstruction Company (India)Ltd0.67%
Varmora Granito Limited0.24%

Stocks sold off 4

GARDEN REACH SHIPBUILDERS & ENGINEER LTDwas 0.91%
Tata Motors Passenger Vehicles Limitedwas 0.76%
Spandana Sphoorty Financial Limited - Partly Paidwas 0.37%
PNC INFRATECH LIMITEDwas 0.12%

Bought more 6

Spandana Sphoorty Financial Limited+0.65
WEST COAST PAPER MILLS LTD+0.46
OPTIEMUS INFRACOM LIMITED+0.45
Pine Labs Limited+0.38
Redington Limited+0.33
SML Mahindra Ltd+0.29

Cut back 5

Infosys Limited-0.69
Shriram Finance Limited-0.67
NTPC Limited-0.58
ICICI Bank Limited-0.31
Godfrey Phillips India Limited-0.25

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.

Stocks held 74

Holding	Sector / type	% of fund
Redington Limited INE891D01026	Commercial Services & Supplies	4.70%
ICICI Bank Limited INE090A01021	Banks	3.78%
Shriram Finance Limited INE721A01047	Finance	3.40%
Larsen & Toubro Limited INE018A01030	Construction	3.38%
Bharti Airtel Limited INE397D01024	Telecom - Services	2.70%
Tata Motors Limited INE1TAE01010	Agricultural, Commercial & Construction Vehicles	2.55%
Jana Small Finance Bank Ltd INE953L01027	Banks	2.55%
Tech Mahindra Limited INE669C01036	IT - Software	2.52%
Infosys Limited INE009A01021	IT - Software	2.43%
JK TYRE & INDUSTRIES LTD INE573A01042	Auto Components	2.26%
Restaurant Brands Asia Limited INE07T201019	Leisure Services	2.23%
Godfrey Phillips India Limited INE260B01028	Cigarettes & Tobacco Products	2.14%
Pine Labs Limited INE15B701018	Financial Technology (Fintech)	2.09%
Life Insurance Corporation Of India INE0J1Y01017	Insurance	1.88%
HDFC Bank Limited INE040A01034	Banks	1.82%
Arvind Limited INE034A01011	Textiles & Apparels	1.80%
INDO COUNT INDUSTRIES LIMITED INE483B01026	Textiles & Apparels	1.77%
CRAFTSMAN AUTOMATION LIMITED INE00LO01017	Auto Components	1.75%
Aptus Value Housing Finance India Ltd INE852O01025	Finance	1.69%
Jyoti Cnc Automation Ltd INE980O01024	Industrial Manufacturing	1.67%
Motilal Oswal Financial Services Limited INE338I01027	Capital Markets	1.66%
EQUITAS SMALL FINANCE BANK LIMITED INE063P01018	Banks	1.64%
Creditaccess Grameen Limited INE741K01010	Finance	1.63%
OPTIEMUS INFRACOM LIMITED INE350C01017	Telecom - Equipment & Accessories	1.58%
Carraro India Ltd INE0V7W01012	Auto Components	1.53%
EPL Limited INE255A01020	Industrial Products	1.52%
TITAGARH RAIL SYSTEMS LIMITED INE615H01020	Industrial Manufacturing	1.50%
Cipla Limited INE059A01026	Pharmaceuticals & Biotechnology	1.47%
Rolex Rings Limited INE645S01024	Auto Components	1.44%
Travel Food Services Limited INE103V01028	Leisure Services	1.41%
Bajaj Auto Limited INE917I01010	Automobiles	1.41%
Fujiyama Power Systems Ltd. INE12UR01024	Electrical Equipment	1.36%
SML Mahindra Ltd INE294B01019	Agricultural, Commercial & Construction Vehicles	1.35%
Housing and Urban Development Corp. Ltd. INE031A01017	Finance	1.35%
Spandana Sphoorty Financial Limited INE572J01011	Finance	1.33%
FINOLEX CABLES LTD INE235A01022	Industrial Products	1.32%
Axis Bank Limited INE238A01034	Banks	1.26%
PVR INOX LIMITED INE191H01014	Entertainment	1.24%
Kalpataru Projects International Limited INE220B01022	Construction	1.20%
Amber Enterprises India Limited INE371P01015	Consumer Durables	1.16%
Jindal Saw Ltd INE324A01032	Industrial Products	1.10%
PARADEEP PHOSPHATES LIMITED INE088F01024	Fertilizers & Agrochemicals	1.07%
APAR INDUSTRIES LTD INE372A01015	Electrical Equipment	1.05%
Hindustan Aeronautics Limited INE066F01020	Aerospace & Defense	1.02%
Cohance Lifesciences Limited INE03QK01018	Pharmaceuticals & Biotechnology	0.98%
Hero Motors Limited INE012G01022	Auto Components	0.93%
Power Grid Corporation of India Limited INE752E01010	Power	0.90%
Hindustan Zinc Limited INE267A01025	Non - Ferrous Metals	0.89%
Suraksha Diagnostic Limited INE877V01027	Healthcare Services	0.88%
CARE Ratings Limited INE752H01013	Capital Markets	0.81%
Bharat Bijlee Ltd. INE464A01036	Electrical Equipment	0.80%
Diamond Power Infrastructure Limited INE989C01038	Electrical Equipment	0.80%
WEST COAST PAPER MILLS LTD INE976A01021	Paper, Forest & Jute Products	0.72%
Exicom Tele-Systems Limited INE777F01014	Electrical Equipment	0.68%
Asset Reconstruction Company (India)Ltd INE148G01016	Finance	0.67%
Whirlpool of India Limited INE716A01013	Consumer Durables	0.63%
NTPC Limited INE733E01010	Power	0.62%
Fedbank Financial Ser Ltd INE007N01010	Finance	0.60%
POWER MECH PROJECTS LIMITED INE211R01019	Construction	0.57%
Hindustan Petroleum Corporation Limited INE094A01015	Petroleum Products	0.54%
Lumino Industries Limited INE185Q01025	Industrial Products	0.53%
VA TECH WABAG LTD INE956G01038	Other Utilities	0.53%
Horizon Industrial Parks Limited INE685T01010	Realty	0.53%
TD Power Systems Limited INE419M01035	Electrical Equipment	0.48%
M&B Engineering Limited INE08N601015	Construction	0.48%
Natco Pharma Limited INE987B01026	Pharmaceuticals & Biotechnology	0.48%
V-Guard Industries Limited INE951I01027	Consumer Durables	0.48%
SBI Funds Management Ltd INE640G01020	Capital Markets	0.29%
Container Corporation of India Limited INE111A01025	Transport Services	0.29%
Canara Bank INE476A01022	Banks	0.28%
Varmora Granito Limited INE0M5301040	Consumer Durables	0.24%
Dhanuka Agritech Limited INE435G01025	Fertilizers & Agrochemicals	0.23%
OnEMI Technology Solutions Limited INE12F801023	Finance	0.14%
Gaja Alternative AMC Limited INE18UN01038	Capital Markets	0.12%

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Debt, money market and cash 2

Holding	Sector / type	% of fund
The Clearing Corporation of India Ltd. 01-OCT-2026	–	0.90%
Net Receivable/Payable	–	0.32%

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.

Risk

Volatility17.9%yearly, from daily NAVs

Worst fall-30.02%31 Jan 2020 → 31 Mar 2020

RiskometerVery HighVery High

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 details

Fund size (average AUM, July - September 2026)	₹810 cr across all plans · this plan ₹132 cr
Fund house	JM Financial Mutual Fund
Category	Equity · Value
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 1.55% · Regular 2.71% (5 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)	120486
ISIN	INF192K01BT3
NAV date	5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹73.3271	-2.48%
Regular · Growth	₹94.3676	-3.62%
Regular · IDCW	₹65.8958	-3.62%

Top Value funds (direct plans)

Fund	1 year	3 years (a year)
Quant Value Fund	+10.59%	+20.29%
LIC MF Value Fund	+17.47%	+17.59%
DSP Value Fund	+4.38%	+16.90%
HDFC Value Fund	+4.59%	+16.74%
HSBC Value Fund	+0.30%	+15.63%
Nippon India Value Fund	-5.97%	+13.30%
ICICI Prudential Value Fund (erstwhile Value Discovery Fund)	-3.55%	+13.17%
UTI Value Fund	-3.53%	+13.11%
JM Value Fund	-2.48%	+11.69%

All Value funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of JM Value Fund - Direct Plan - Growth today?

₹107.6220 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of JM Value Fund - Direct Plan - Growth?

1 year: -2.48%, 3 years: 11.69% a year, 5 years: 13.81% a year

How does JM Value Fund rank in its category?

11 of 17 Value funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

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.