Fund Overview

Fund Size

Fund Size

₹666 Cr

Expense Ratio

Expense Ratio





Minimum SIP

Minimum SIP


Exit Load

Exit Load


Inception Date

Inception Date

01 Jan 2013

About this fund

JM Value Fund Direct Growth is a Value mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹105.15, Assets Under Management (AUM) of 665.51 Crores, and an expense ratio of 1.02%.
  • JM Value Fund Direct Growth has given a CAGR return of 19.04% since inception.
  • The fund's asset allocation comprises around 98.64% in equities, 0.00% in debts, and 1.36% in cash & cash equivalents.
  • You can start investing in JM Value 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


+45.07% (Cat Avg.)

3 Years


+22.02% (Cat Avg.)

5 Years


+19.78% (Cat Avg.)

10 Years


+16.66% (Cat Avg.)

Since Inception


(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity656.44 Cr98.64%
Others9.06 Cr1.36%

Top Holdings

All Holdings


Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity24.16 Cr3.63%
HDFC Bank LtdEquity21.37 Cr3.21%
Larsen & Toubro LtdEquity20.67 Cr3.11%
Mahindra & Mahindra LtdEquity19.41 Cr2.92%
Voltas LtdEquity18.24 Cr2.74%
Kalpataru Projects International LtdEquity17.9 Cr2.69%
REC LtdEquity17.69 Cr2.66%
ITC LtdEquity17.64 Cr2.65%
Treps-Triparty RepoCash - Repurchase Agreement17.42 Cr2.62%
Infosys LtdEquity17.35 Cr2.61%
State Bank of IndiaEquity16.94 Cr2.55%
Sterling and Wilson Renewable Energy LtdEquity16.2 Cr2.43%
Biocon LtdEquity14.33 Cr2.15%
Bank of BarodaEquity13.61 Cr2.05%
Sobha LtdEquity13.49 Cr2.03%
Kalyani Steels LtdEquity13.33 Cr2.00%
Spandana Sphoorty Financial LtdEquity13.25 Cr1.99%
Hindalco Industries LtdEquity13.21 Cr1.98%
Aurobindo Pharma LtdEquity13.16 Cr1.98%
Bharat Forge LtdEquity12.71 Cr1.91%
Tata Motors Ltd Class AEquity12.28 Cr1.85%
Arvind LtdEquity12.13 Cr1.82%
Dhanuka Agritech LtdEquity12.12 Cr1.82%
Amber Enterprises India Ltd Ordinary SharesEquity12.12 Cr1.82%
Housing & Urban Development Corp LtdEquity11.67 Cr1.75%
Tech Mahindra LtdEquity11.37 Cr1.71%
Signatureglobal (India) LtdEquity11.34 Cr1.70%
Thomas Cook India LtdEquity11.11 Cr1.67%
Jyothy Labs LtdEquity10.86 Cr1.63%
SAMHI Hotels LtdEquity10.8 Cr1.62%
Suzlon Energy LtdEquity10.4 Cr1.56%
Deepak Fertilisers & Petrochemicals Corp LtdEquity9.93 Cr1.49%
Crompton Greaves Consumer Electricals LtdEquity9.55 Cr1.44%
VIP Industries LtdEquity9.45 Cr1.42%
Timken India LtdEquity9.36 Cr1.41%
Oil India LtdEquity9.3 Cr1.40%
Hero MotoCorp LtdEquity9.09 Cr1.37%
NTPC LtdEquity9.08 Cr1.36%
Exicom Tele-Systems LtdEquity8.88 Cr1.34%
Kirloskar Oil Engines LtdEquity8.8 Cr1.32%
HEG LtdEquity8.78 Cr1.32%
UTI Asset Management Co LtdEquity8.65 Cr1.30%
Net Current AssetsCash-8.36 Cr1.26%
Gokaldas Exports LtdEquity8.17 Cr1.23%
Titagarh Rail Systems LtdEquity8.16 Cr1.23%
CESC LtdEquity7.96 Cr1.20%
SKF India LtdEquity7.78 Cr1.17%
Kirloskar Ferrous Industries LtdEquity7.76 Cr1.17%
Suven Pharmaceuticals LtdEquity7.68 Cr1.15%
Exide Industries LtdEquity7.46 Cr1.12%
Gulf Oil Lubricants India LtdEquity7.08 Cr1.06%
Restaurant Brands Asia Ltd Ordinary SharesEquity6.96 Cr1.05%
R K Swamy LtdEquity6.78 Cr1.02%
Orchid Pharma LtdEquity6.73 Cr1.01%
Zomato LtdEquity6.57 Cr0.99%
Welspun Living LtdEquity6.23 Cr0.94%
Patel Engineering LtdEquity5.6 Cr0.84%
Jagran Prakashan LtdEquity5.24 Cr0.79%
Firstsource Solutions LtdEquity4.23 Cr0.64%
Cosmo First LtdEquity3.25 Cr0.49%
Vodafone Idea LtdEquity1.06 Cr0.16%

Allocation By Market Cap (Equity)

Large Cap Stocks


Mid Cap Stocks


Small Cap Stocks


Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical157.3 Cr23.64%
Industrials132.32 Cr19.88%
Financial Services127.35 Cr19.14%
Basic Materials55.67 Cr8.37%
Technology49.15 Cr7.38%
Healthcare41.91 Cr6.30%
Consumer Defensive28.5 Cr4.28%
Real Estate24.83 Cr3.73%
Utilities17.04 Cr2.56%
Communication Services13.08 Cr1.97%
Energy9.3 Cr1.40%

Risk & Performance Ratios

Standard Deviation

This fund


Cat. avg.


Lower the better

Sharpe Ratio

This fund


Cat. avg.


Higher the better

Sortino Ratio

This fund


Cat. avg.


Higher the better

Fund Managers


Satish Ramanathan

Since August 2021


Asit Bhandarkar

Since December 2006


Gurvinder Wasan

Since December 2022

Additional Scheme Detailsas of 30th April 2024

ISININF192K01BT3Expense Ratio1.02%Exit Load1.00%Fund Size₹666 CrAge01 Jan 2013Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkS&P BSE 500 India TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Value Funds

Fund nameExpense RatioExit LoadFund size
Groww Value Fund Regular Growth

Very High Risk

2.3%1.0%₹18.86 Cr40.2%
Groww Value Fund Direct Growth

Very High Risk

0.9%1.0%₹18.86 Cr41.9%
ICICI Prudential Nifty50 Value 20 ETF

Very High Risk

0.3%-₹128.26 Cr34.4%
Motilal Oswal S&P BSE Enhanced Value ETF

Very High Risk

0.3%-₹61.10 Cr96.2%
Tata Equity P/E Fund Regular Growth

Very High Risk

1.8%1.0%₹7753.52 Cr49.4%
Templeton India Value Fund Regular Growth

Very High Risk

2.1%1.0%₹1922.69 Cr44.2%
Kotak Nifty 50 Value 20 ETF

Very High Risk

0.1%-₹65.68 Cr34.7%
HDFC Capital Builder Value Fund Regular Growth

Very High Risk

1.9%1.0%₹6762.91 Cr42.5%
UTI Value Opportunities Fund Regular Growth

Very High Risk

1.8%1.0%₹8931.67 Cr38.8%
Nippon India Value Fund Regular Growth

Very High Risk

1.9%1.0%₹7523.32 Cr57.3%

About the AMC

Total AUM

₹6,922 Cr


502, 5th Floor, A - Wing, Mumbai, 400 051

Other Funds by JM Financial Mutual Fund

Fund nameExpense RatioExit LoadFund size
JM Fixed Maturity Fund Series 28 Plan B Direct Growth

Moderate Risk

JM Fixed Maturity Fund Series 28 Plan A Direct Growth

Moderate Risk

JM Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹139.73 Cr8.0%
JM Equity Hybrid Fund Direct Growth

Very High Risk

0.6%1.0%₹262.45 Cr60.4%
JM Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹97.82 Cr55.6%
JM Value Fund Direct Growth

Very High Risk

1.0%1.0%₹665.51 Cr68.1%
JM Low Duration Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹262.36 Cr7.3%
JM Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹144.17 Cr47.5%
JM Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2232.82 Cr7.3%
JM Dynamic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹40.39 Cr6.0%
JM Medium to Long Duration Fund Direct Growth

Moderate Risk

0.6%0.0%₹22.87 Cr6.0%
JM Flexicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2107.42 Cr68.4%
JM Tax Gain Fund Direct Growth

Very High Risk

1.1%0.0%₹141.14 Cr51.9%
JM Midcap Fund Direct Growth

Very High Risk

0.4%1.0%₹955.02 Cr75.1%
JM Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹286.13 Cr6.7%
JM Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹129.56 Cr6.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of JM Value Fund Direct Growth, as of 17-May-2024, is ₹105.15.
The fund has generated 68.05% over the last 1 year and 31.20% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 98.64% in equities, 0.00% in bonds, and 1.36% in cash and cash equivalents.
The fund managers responsible for JM Value Fund Direct Growth are:-
  1. Satish Ramanathan
  2. Asit Bhandarkar
  3. Gurvinder Wasan