JM Value Fund
The scheme aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities.
Growthvine rating: 1/5 — ranked #23 of 24 in category.
Fund basics
| Category | Equity: Value |
|---|
| NAV | ₹93.61 (as of 2026-10-01) |
|---|
| AUM | ₹817 Cr |
|---|
| Expense ratio | 2.00% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Satish Ramanathan |
|---|
| Exit load | 1% for redemption within 30 days |
|---|
Performance & risk
| 5-year annualised return | 13.02% |
|---|
| Sharpe ratio | 0.4 |
|---|
| Standard deviation | 19.07% |
|---|
| Max drawdown | −83.04% |
|---|
| Alpha | -0.02 |
|---|
| Beta | 1.15 |
|---|
Over 5 years, captured 112.1% of Nifty 500's upside and 95.2% of its downside.
Market cap allocation
| Large cap | 36.5% |
|---|
| Mid cap | 7.8% |
|---|
| Small cap | 55.7% |
|---|
Concentration
| Top 5 holdings | 19.1% |
|---|
| Top 10 holdings | 32.3% |
|---|
| Total holdings | 74 |
|---|
| Index overlap | 21.3% |
|---|
| Active share | 78.7% |
|---|
Top holdings
- Redington Limited — 4.4%
- ICICI Bank Ltd. — 4.1%
- Shriram Finance Limited — 4.1%
- Larsen & Toubro Limited — 3.5%
- Infosys Ltd — 3.1%
- Tata Motors Limited — 2.7%
- JANA SMALL FINANCE BANK LIMITED — 2.7%
- Tech Mahindra Limited — 2.7%
- Bharti Airtel Ltd. — 2.7%
- Godfrey Phillips India Ltd. — 2.4%
Top sectors
- Banking & Financial — 14.9%
- Finance & Investments — 10.7%
- Automobile — 9.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −2.8% | Q2 | #8 of 23 |
| 2025 | −4.4% | Q4 (Bottom) | #21 of 22 |
| 2024 | 25.1% | Q1 (Top) | #4 of 21 |
| 2023 | 47.7% | Q1 (Top) | #1 of 19 |
| 2022 | 5.3% | Q2 | #8 of 18 |