JM Large Cap Fund - (Direct) - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Large Cap Fund

Fund House : JM Financial Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 125.6925 -0.46%
(as on 27th July, 2023)

Crisil Rank

Above average performance among peers

Fund Size

: ₹ 46.94 Cr

(0.02% of Investment in Category)

Expense Ratio

: 1.74%

(1% Category average)

Risk-O-Meter

Very High

Large Cap Fund :Large Cap Fund : The fund has 98.4% investment in domestic equities of which 73.02% is in Large Cap stocks, 7.12% is in Mid Cap stocks, 5.74% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for high returns. At the same time, these investors should also be ready for possibility of moderate losses in their investments.

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3M
6M
1Y
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ALL

This Scheme

VS

Benchmark
S&P BSE 100 TRI

4.37%

10.95%

13.21%

19.34%

13.21%

13.14%

12.7%
NA
4.59%

11.59%

13.98%

19.54%

11.79%

12.66%

13.66%

NA
Gold

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VIP (Value Avg)

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Returns (NAV as on 27th July, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	20-Jul-23	9926.60	-0.73%	-	-0.76%	15/31
1 Month	27-Jun-23	10503.00	5.03%	-	4.60%	10/31
3 Month	27-Apr-23	11208.20	12.08%	-	11.60%	9/31
6 Month	27-Jan-23	11206.60	12.07%	-	14.00%	27/31
YTD	30-Dec-22	11044.30	10.44%	-	10.51%	13/31
1 Year	27-Jul-22	12097.10	20.97%	20.97%	19.56%	9/29
2 Year	27-Jul-21	12771.80	27.72%	13.01%	11.80%	7/29
3 Year	27-Jul-20	16740.90	67.41%	18.74%	22.09%	24/26
5 Year	27-Jul-18	17953.40	79.53%	12.41%	12.66%	15/25
10 Year	26-Jul-13	36235.20	262.35%	13.73%	15.16%	20/24
Since Inception	02-Jan-13	34480.50	244.81%	12.42%	13.66%	25/31

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 27th July, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	27-Jul-22	12000	13545	12.88 %	24.75 %
2 Year	27-Jul-21	24000	27995.25	16.65 %	15.59 %
3 Year	27-Jul-20	36000	45737.26	27.05 %	16.2 %
5 Year	27-Jul-18	60000	88681.77	47.8 %	15.63 %
10 Year	26-Jul-13	120000	234094.61	95.08 %	12.82 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 30th Jun,2023)

Portfolio Turnover Ratio : 99.36% | Category average turnover ratio is 146.33%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 98.40% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.40%

No of Stocks : 37 (Category Avg - 47.13) | Large Cap Investments : 73.02%| Mid Cap Investments : 7.12% | Small Cap Investments : 5.74% | Other : 12.51%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity
Reliance Industries Ltd.	Refineries & marketing	30.7	6.55%	-0.06%	6.6% (May 2023)	4.53% (Sep 2022)	12.05 k
HDFC Bank Ltd.	Private sector bank	27.2	5.80%	0.08%	6.82% (Dec 2022)	4.09% (Jul 2022)	16.01 k
Larsen & Toubro Ltd.	Civil construction	24.3	5.17%	0.37%	6.67% (Oct 2022)	4.08% (Dec 2022)	9.81 k
Ultratech Cement Ltd.	Cement & cement products	21.8	4.64%	0.06%	4.98% (Mar 2023)	0% (Jul 2022)	2.63 k
ITC Limited	Diversified fmcg	20.7	4.40%	-0.12%	5.3% (Apr 2023)	3.87% (Dec 2022)	45.75 k
ICICI Bank Ltd.	Private sector bank	20.5	4.36%	-0.25%	7.35% (Jul 2022)	3.74% (Feb 2023)	21.89 k
Infosys Ltd.	Computers - software & consulting	20.3	4.32%	-0.12%	5.98% (Jul 2022)	3.91% (Apr 2023)	15.20 k
Housing Development Finance Corporation Ltd.	Housing finance company	17.2	3.67%	0.09%	4.82% (Dec 2022)	3.25% (Sep 2022)	6.11 k
HCL Technologies Limited	Computers - software & consulting	16.4	3.50%	-0.01%	4.6% (Nov 2022)	2.77% (Apr 2023)	13.84 k
State Bank Of India	Public sector bank	16.2	3.45%	-0.19%	4.46% (Oct 2022)	3.45% (Jun 2023)	28.25 k

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
Net Receivables	Net Receivables	1.59%
TREPS	TREPS	0.01%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th June, 2023)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

11.69vs13.01

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

0.84vs0.94

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.98vs1.09

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.14vs0.15

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Poor risk adjusted returns

-2.86vs-1

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Nippon India Large Cap Fund - Direct Plan - Growth	5	14769.25	5.90	14.64	19.19	28.23	30.39
HDFC Top 100 Fund - Direct Plan - Growth	5	24819.04	5.46	11.87	15.14	24.60	26.42
Edelweiss Large Cap Fund - Direct Plan - Growth	4	500.74	4.77	11.93	16.01	24.12	23.33
ICICI Prudential Bluechip Fund - Direct Plan - Growth	5	38734.11	5.32	12.17	13.67	22.53	24.82
DSP Top 100 Equity Fund - Direct Plan - Growth	2	2900.93	5.22	12.92	15.34	22.05	20.44
SBI Blue Chip Fund - Direct Plan - Growth	4	38338.04	4.03	11.47	14.84	21.69	24.58
ITI Large Cap Fund - Direct Plan - Growth	NA	206.38	4.88	11.66	14.41	21.42	0.00
Sundaram Large Cap Fund - Direct Plan - Growth	3	3061.90	5.80	12.64	13.90	21.30	0.00
Baroda BNP Paribas Large Cap Fund - Direct Plan - Growth	3	1458.28	5.29	11.16	13.66	20.67	21.45
PGIM India Large Cap Fund - Direct Plan - Growth	3	485.57	3.60	9.99	12.33	20.46	20.63

Detailed Comparison

More Funds from JM Financial Mutual Fund

Out of 14 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 2 is/are ranked 4 * , 4 is/are ranked 3 * , 1 is/are ranked 2 * , 1 is/are ranked 1 * , and 4 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
JM Liquid Fund - (Direct) - Growth	2	1205.68	0.57	1.73	3.46	6.62	4.55
JM Flexi Cap Fund - Direct - Growth	5	397.41	5.91	17.61	19.30	29.72	28.64
JM Value Fund - (Direct) - Growth	3	187.76	8.04	19.59	21.45	37.97	30.41
JM Overnight Fund - Direct Plan - Growth	NA	176.68	0.53	1.61	3.21	6.20	4.31
JM Midcap Fund - Direct Plan - Growth	NA	176.16	8.23	22.04	26.11	0.00	0.00
JM Low Duration Fund - (Direct) - Growth	3	175.50	0.60	1.76	3.62	6.55	4.64
JM Arbitrage Fund - (Direct) - Growth	1	119.47	0.59	1.70	3.42	6.53	4.31
JM Short Duration Fund - Direct Plan - Growth	NA	112.93	0.50	1.59	3.66	0.00	0.00
JM Tax Gain Fund - (Direct) - Growth	4	84.33	4.68	16.91	18.38	25.52	27.23
JM Focused Fund - (Direct) - Growth	3	48.15	5.38	16.52	16.60	26.28	22.70