JM Equity Hybrid Fund Direct Growth
HybridAggressive AllocationVery High Risk
Direct
NAV (18-Jun-25)
₹137.13-0.11%1D
Returns (Since Inception)
14.64%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹822 Cr
Expense Ratio
0.56%
ISIN
INF192K01BQ9
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
JM Equity Hybrid Fund Direct Growth is a Aggressive Allocation mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹137.13, Assets Under Management (AUM) of 822.48 Crores, and an expense ratio of 0.56%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹137.13, Assets Under Management (AUM) of 822.48 Crores, and an expense ratio of 0.56%.
- JM Equity Hybrid Fund Direct Growth has given a CAGR return of 14.64% since inception.
- The fund's asset allocation comprises around 76.32% in equities, 19.90% in debts, and 3.78% in cash & cash equivalents.
- You can start investing in JM Equity Hybrid Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
-0.04%
+6.06% (Cat Avg.)
3 Years
+27.44%
+19.20% (Cat Avg.)
5 Years
+28.74%
+20.81% (Cat Avg.)
10 Years
+13.55%
+13.85% (Cat Avg.)
Since Inception
+14.64%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹627.68 Cr | 76.32% |
| Debt | ₹163.67 Cr | 19.90% |
| Others | ₹31.13 Cr | 3.78% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Bharti Airtel Ltd | Equity | ₹40.84 Cr | 4.97% |
| Larsen & Toubro Ltd | Equity | ₹32.53 Cr | 3.96% |
| Bajaj Finance Ltd | Equity | ₹31.68 Cr | 3.85% |
| HDFC Bank Ltd | Equity | ₹31.12 Cr | 3.78% |
| Tech Mahindra Ltd | Equity | ₹29.12 Cr | 3.54% |
| ICICI Bank Ltd | Equity | ₹28.93 Cr | 3.52% |
| Multi Commodity Exchange of India Ltd | Equity | ₹26.41 Cr | 3.21% |
| Ujjivan Small Finance Bank Ltd Ordinary Shares | Equity | ₹25.29 Cr | 3.07% |
| Waaree Energies Ltd | Equity | ₹23.83 Cr | 2.90% |
| Ccil | Cash - Repurchase Agreement | ₹21.01 Cr | 2.55% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹20.89 Cr | 2.54% |
| 6.33% Gsec Mat - 05/05/2035 | Bond - Gov't/Treasury | ₹20.67 Cr | 2.51% |
| Coforge Ltd | Equity | ₹20.52 Cr | 2.50% |
| REC Ltd | Equity | ₹20.14 Cr | 2.45% |
| Godrej Consumer Products Ltd | Equity | ₹19.7 Cr | 2.40% |
| Camlin Fine Sciences Ltd | Equity | ₹18.97 Cr | 2.31% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹18.85 Cr | 2.29% |
| Devyani International Ltd | Equity | ₹18.64 Cr | 2.27% |
| Jubilant Foodworks Ltd | Equity | ₹18.36 Cr | 2.23% |
| Vedanta Ltd | Equity | ₹17.42 Cr | 2.12% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹17.09 Cr | 2.08% |
| Metropolis Healthcare Ltd | Equity | ₹16.8 Cr | 2.04% |
| UltraTech Cement Ltd | Equity | ₹15.69 Cr | 1.91% |
| Infosys Ltd | Equity | ₹15.63 Cr | 1.90% |
| Voltas Ltd | Equity | ₹15.15 Cr | 1.84% |
| Eternal Ltd | Equity | ₹15.13 Cr | 1.84% |
| Bikaji Foods International Ltd | Equity | ₹13.05 Cr | 1.59% |
| Five-Star Business Finance Ltd | Equity | ₹12.97 Cr | 1.58% |
| Cohance Lifesciences Ltd | Equity | ₹12.81 Cr | 1.56% |
| Polycab India Ltd | Equity | ₹12.58 Cr | 1.53% |
| Kotak Mahindra Bank Ltd | Equity | ₹12.45 Cr | 1.51% |
| Maruti Suzuki India Ltd | Equity | ₹12.32 Cr | 1.50% |
| State Government Securities (15/01/2035) | Bond - Gov't/Treasury | ₹10.4 Cr | 1.26% |
| Oracle Financial Services Software Ltd | Equity | ₹10.15 Cr | 1.23% |
| PG Electroplast Ltd | Equity | ₹9.65 Cr | 1.17% |
| Optiemus Infracom Ltd | Equity | ₹7.87 Cr | 0.96% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹7.66 Cr | 0.93% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹7.63 Cr | 0.93% |
| TD Power Systems Ltd | Equity | ₹7.37 Cr | 0.90% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹7.2 Cr | 0.88% |
| Hi-Tech Pipes Ltd | Equity | ₹6.19 Cr | 0.75% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹6.05 Cr | 0.74% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.58 Cr | 0.68% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.23 Cr | 0.64% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹5.17 Cr | 0.63% |
| State Government Securities (22/01/2035) | Bond - Gov't/Treasury | ₹5.17 Cr | 0.63% |
| Rec Limited | Bond - Corporate Bond | ₹5.16 Cr | 0.63% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5.12 Cr | 0.62% |
| Rec Limited | Bond - Corporate Bond | ₹5.06 Cr | 0.62% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.05 Cr | 0.61% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹5.04 Cr | 0.61% |
| Exicom Tele-Systems Ltd | Equity | ₹5.04 Cr | 0.61% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹4.98 Cr | 0.61% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹4.84 Cr | 0.59% |
| Net Receivable/Payable | Cash - Collateral | ₹-4.29 Cr | 0.52% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹4.2 Cr | 0.51% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹2.57 Cr | 0.31% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹2.54 Cr | 0.31% |
| Schloss Bangalore Ltd | Equity | ₹2.45 Cr | 0.30% |
| Rec Limited | Bond - Corporate Bond | ₹2.09 Cr | 0.25% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹2.05 Cr | 0.25% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹2.05 Cr | 0.25% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹2.02 Cr | 0.25% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹2 Cr | 0.24% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹1.95 Cr | 0.24% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹1.55 Cr | 0.19% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹1.54 Cr | 0.19% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹1.05 Cr | 0.13% |
| 6.75% Govt Stock 2029 | Bond - Gov't/Treasury | ₹0.52 Cr | 0.06% |
Allocation By Market Cap (Equity)
Large Cap Stocks
43.30%
Mid Cap Stocks
10.70%
Small Cap Stocks
22.01%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹188.97 Cr | 22.98% |
| Technology | ₹116.78 Cr | 14.20% |
| Consumer Cyclical | ₹82.05 Cr | 9.98% |
| Industrials | ₹78.41 Cr | 9.53% |
| Basic Materials | ₹58.27 Cr | 7.09% |
| Communication Services | ₹40.84 Cr | 4.97% |
| Consumer Defensive | ₹32.75 Cr | 3.98% |
| Healthcare | ₹29.61 Cr | 3.60% |
Risk & Performance Ratios
Standard Deviation
This fund
12.18%
Cat. avg.
10.87%
Lower the better
Sharpe Ratio
This fund
1.32
Cat. avg.
0.88
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.48
Higher the better
Fund Managers
SR
Satish Ramanathan
Since October 2024
AB
Asit Bhandarkar
Since December 2021
RF
Ruchi Fozdar
Since October 2024
DG
Deepak Gupta
Since April 2025
Additional Scheme Detailsas of 31st May 2025
ISIN | INF192K01BQ9 | Expense Ratio | 0.56% | Exit Load | 1.00% | Fund Size | ₹822 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Aggressive Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| HSBC Aggressive Hybrid Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹5396.34 Cr | 3.0% |
| LIC MF Aggressive Hybrid Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹530.29 Cr | 6.6% |
| HDFC Hybrid Equity Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹24460.63 Cr | 6.9% |
| HDFC Hybrid Equity Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹24460.63 Cr | 6.3% |
| SBI Equity Hybrid Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹75639.24 Cr | 11.7% |
| Sundaram Aggressive Hybrid Fund Direct Growth High Risk | 0.7% | 1.0% | ₹6146.43 Cr | 6.8% |
| Nippon India Equity Hybrid Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹3897.03 Cr | 6.4% |
| JM Equity Hybrid Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹822.48 Cr | -0.0% |
| HSBC Aggressive Hybrid Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5396.34 Cr | 1.9% |
| Union Hybrid Equity Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹651.94 Cr | 5.9% |
About the AMC
Total AUM
₹13,700 Cr
Address
502, 5th Floor, A - Wing, Mumbai, 400 051
Other Funds by JM Financial Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| JM Fixed Maturity Fund Series 28 Plan B Direct Growth Moderate Risk | - | 0.0% | - | - |
| JM Fixed Maturity Fund Series 28 Plan A Direct Growth Moderate Risk | - | 0.0% | - | - |
| JM Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹194.57 Cr | 7.1% |
| JM Equity Hybrid Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹822.48 Cr | -0.0% |
| JM Focused Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹278.87 Cr | 0.0% |
| JM Value Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1089.00 Cr | -2.2% |
| JM Low Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹232.37 Cr | 8.4% |
| JM Large Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹525.71 Cr | -2.8% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2195.97 Cr | 7.2% |
| JM Dynamic Bond Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹57.28 Cr | 10.4% |
| JM Medium to Long Duration Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹35.34 Cr | 10.4% |
| JM Flexicap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹5917.33 Cr | -3.2% |
| JM Tax Gain Fund Direct Growth Very High Risk | 1.1% | 0.0% | ₹198.58 Cr | 0.9% |
| JM Midcap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1396.31 Cr | -0.3% |
| JM Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹200.81 Cr | 6.8% |
| JM Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹120.83 Cr | 9.5% |
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of JM Equity Hybrid Fund Direct Growth?
The NAV of JM Equity Hybrid Fund Direct Growth, as of 18-Jun-2025, is ₹137.13.
What are the returns of JM Equity Hybrid Fund Direct Growth?
The fund has generated -0.04% over the last 1 year and 27.44% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of JM Equity Hybrid Fund Direct Growth?
The fund's allocation of assets is distributed as 76.32% in equities, 19.90% in bonds, and 3.78% in cash and cash equivalents.
Who manages the JM Equity Hybrid Fund Direct Growth?
The fund managers responsible for JM Equity Hybrid Fund Direct Growth are:-
- Satish Ramanathan
- Asit Bhandarkar
- Ruchi Fozdar
- Deepak Gupta
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.