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 #21 of 25 in category.
Fund basics
| Category | Equity: Value |
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| NAV | ₹89.79 (as of 2026-10-22) |
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| AUM | ₹780 Cr |
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| Expense ratio | 2.01% |
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| Riskometer | Very High |
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| Fund manager | Satish Ramanathan |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| 5-year annualised return | 13.02% |
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| Sharpe ratio | 0.32 |
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| Standard deviation | 19.24% |
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| Max drawdown | −83.04% |
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| Alpha | 1.13 |
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| Beta | 1.12 |
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Over 5 years, captured 112.1% of Nifty 500's upside and 95.2% of its downside.
Market cap allocation
| Large cap | 32.7% |
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| Mid cap | 7.1% |
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| Small cap | 60.2% |
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Concentration
| Top 5 holdings | 18.0% |
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| Top 10 holdings | 30.3% |
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| Total holdings | 74 |
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| Index overlap | 20.4% |
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| Active share | 79.6% |
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Top holdings
- Redington Limited — 4.7%
- ICICI Bank Ltd. — 3.8%
- Shriram Finance Limited — 3.4%
- Larsen & Toubro Limited — 3.4%
- Bharti Airtel Ltd. — 2.7%
- JANA SMALL FINANCE BANK LIMITED — 2.5%
- Tata Motors Limited — 2.5%
- Tech Mahindra Limited — 2.5%
- Infosys Ltd — 2.4%
- JK Tyre & Industries Ltd. — 2.3%
Top sectors
- Banking & Financial — 14.2%
- Finance & Investments — 12.9%
- Automobile — 9.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.8% | Q2 | #10 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 |