JM Focused Fund Direct Growth
EquityFocused FundVery High Risk
Direct
NAV (20-Feb-26)
Returns (Since Inception)
Fund Overview
Fund Size
₹284 Cr
Expense Ratio
0.78%
ISIN
INF192K01BW7
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 20-Feb-26, it has a Net Asset Value (NAV) of ₹23.37, Assets Under Management (AUM) of 284.03 Crores, and an expense ratio of 0.78%.
- JM Focused Fund Direct Growth has given a CAGR return of 14.64% since inception.
- The fund's asset allocation comprises around 97.95% in equities, 0.00% in debts, and 2.05% in cash & cash equivalents.
- You can start investing in JM Focused 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
+12.12%
+11.77% (Cat Avg.)
3 Years
+19.11%
+16.42% (Cat Avg.)
5 Years
+15.22%
+13.80% (Cat Avg.)
10 Years
+16.92%
+15.24% (Cat Avg.)
Since Inception
+14.64%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2026
| Equity | ₹278.22 Cr | 97.95% |
| Others | ₹5.81 Cr | 2.05% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Ujjivan Small Finance Bank Ltd Ordinary Shares | Equity | ₹18.31 Cr | 6.45% |
| HDFC Bank Ltd | Equity | ₹16.17 Cr | 5.69% |
| Larsen & Toubro Ltd | Equity | ₹15.14 Cr | 5.33% |
| IDFC First Bank Ltd | Equity | ₹15.04 Cr | 5.30% |
| Eicher Motors Ltd | Equity | ₹14.96 Cr | 5.27% |
| Titan Co Ltd | Equity | ₹13.75 Cr | 4.84% |
| Eternal Ltd | Equity | ₹12.18 Cr | 4.29% |
| Bharti Airtel Ltd | Equity | ₹12.01 Cr | 4.23% |
| One97 Communications Ltd | Equity | ₹11.94 Cr | 4.21% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹10.89 Cr | 3.83% |
| Trent Ltd | Equity | ₹10.64 Cr | 3.75% |
| Mphasis Ltd | Equity | ₹10.62 Cr | 3.74% |
| Bajaj Finance Ltd | Equity | ₹10.18 Cr | 3.58% |
| Waaree Energies Ltd | Equity | ₹9.48 Cr | 3.34% |
| Tata Steel Ltd | Equity | ₹9.08 Cr | 3.20% |
| Coforge Ltd | Equity | ₹9.03 Cr | 3.18% |
| Maruti Suzuki India Ltd | Equity | ₹8.76 Cr | 3.08% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹8.52 Cr | 3.00% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹8.47 Cr | 2.98% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹7.83 Cr | 2.76% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹7.68 Cr | 2.71% |
| InterGlobe Aviation Ltd | Equity | ₹6.89 Cr | 2.43% |
| OneSource Specialty Pharma Ltd | Equity | ₹6.74 Cr | 2.37% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹6.33 Cr | 2.23% |
| Linde India Ltd | Equity | ₹6.27 Cr | 2.21% |
| Jubilant Foodworks Ltd | Equity | ₹6.05 Cr | 2.13% |
| Ccil | Cash - Repurchase Agreement | ₹5.48 Cr | 1.93% |
| Bharat Heavy Electricals Ltd | Equity | ₹5.25 Cr | 1.85% |
| Net Receivable/Payable | Cash - Collateral | ₹0.33 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
56.65%
Mid Cap Stocks
28.65%
Small Cap Stocks
12.65%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹77.21 Cr | 27.18% |
| Financial Services | ₹75.23 Cr | 26.48% |
| Industrials | ₹42.14 Cr | 14.84% |
| Technology | ₹41.08 Cr | 14.46% |
| Basic Materials | ₹15.34 Cr | 5.40% |
| Healthcare | ₹15.21 Cr | 5.36% |
| Communication Services | ₹12.01 Cr | 4.23% |
Risk & Performance Ratios
Standard Deviation
This fund
14.12%
Cat. avg.
12.84%
Lower the better
Sharpe Ratio
This fund
0.83
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.31
Higher the better
Fund Managers
Satish Ramanathan
Since October 2024
Asit Bhandarkar
Since February 2009
Ruchi Fozdar
Since October 2024
Deepak Gupta
Since April 2025
Additional Scheme Detailsas of 31st January 2026
ISIN INF192K01BW7 | Expense Ratio 0.78% | Exit Load 1.00% | Fund Size ₹284 Cr | Age 13 years 1 month | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark BSE 500 India 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:
Dividend Taxation:
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 Focused Fund Funds
About the AMC
JM Financial Mutual Fund
Total AUM
₹13,632 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 Large & Mid Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹399.54 Cr | - |
| JM Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹40.02 Cr | 5.5% |
| JM Small Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹627.64 Cr | 7.8% |
| 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% | ₹376.20 Cr | 6.5% |
| JM Equity Hybrid Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹753.46 Cr | 6.5% |
| JM Focused Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹284.03 Cr | 12.1% |
| JM Value Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹884.63 Cr | 6.7% |
| JM Low Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹197.91 Cr | 7.3% |
| JM Large Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹444.32 Cr | 13.0% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2702.86 Cr | 6.3% |
| JM Dynamic Bond Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹57.73 Cr | 6.6% |
| JM Medium to Long Duration Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹30.32 Cr | 6.4% |
| JM Flexicap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹5152.36 Cr | 5.9% |
| JM Tax Gain Fund Direct Growth Very High Risk | 1.0% | 0.0% | ₹215.84 Cr | 10.9% |
| JM Midcap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1105.21 Cr | 11.2% |
| 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% | ₹84.32 Cr | 7.5% |
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
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What is the current NAV of JM Focused Fund Direct Growth?
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Who manages the JM Focused Fund Direct Growth?
- Satish Ramanathan
- Asit Bhandarkar
- Ruchi Fozdar
- Deepak Gupta
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