JM Focused Fund
NAV
₹24.85
as of 21 Aug 2026
JM Focused Fund is an open-ended Focused Fund scheme from JM Financial Mutual Fund managing ₹286 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹24.85 as of 21 Aug 2026. The expense ratio is 1.25% a year. Managed by Asit Bhandarkar. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.25% / yr
- as of 30 Jun 2026
- Fund size
- ₹286 crore
- as of 30 Jun 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 5 Mar 2008
- ISIN
- INF192K01BW7
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 500 Index
JM Focused Fund
₹205
+105% on ₹100 over 5.0 yrs
Focused Fund average
₹187
+87% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 11.03% | 7.55% | +3.48 |
| 6 months | 6.67% | 3.19% | +3.48 |
| 1 year | 7.68% | 5.31% | +2.37 |
| 3 years (CAGR) | 15.09% | 15.11% | -0.02 |
| 5 years (CAGR) | 15.48% | 12.87% | +2.61 |
Category average across 26 funds, as of 20 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -5.9%
- Median
- 10.1%
- Best
- 56.9%
49 windows over the last 60 months, stepped monthly; 84% ended positive. Worst window began 2 Sept 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 15.1%
- Median
- 19.7%
- Best
- 26.3%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Aug 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.52
- Sharpe ratio (5Y)
- 0.63
- Sortino ratio (3Y)
- 0.78 vs category 0.69
- Standard deviation (3Y)
- 16.95%
- Beta (3Y)
- 1.04
- Alpha (3Y)
- 2.38%
- Deepest fall (5Y)
- -18.24%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-18.2%
Right now
-0.1% below peak
Ahead of its benchmark in 58% of months (window: 3y, monthly) — benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
98.8%
Cash
1.2%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
30 positions · top 10 = 44.2%
Market-cap mix
Large 52.0%Mid 28.0%Small 18.8%Other 1.2%
as of 30 Jun 2026
Holdings by sector
Financial Services(4 in top 10)27.5%
- Ujjivan Small Finance Bank Ltd Ordinary Shares5.16%
- Bajaj Finance Ltd4.61%
- IDFC First Bank Ltd4.37%
- HDFC Bank Ltd4.04%
Consumer Cyclical(2 in top 10)24.7%
- Amber Enterprises India Ltd Ordinary Shares4.75%
- Eternal Ltd4.16%
Industrials(2 in top 10)17.5%
- Larsen & Toubro Ltd4.99%
- Adani Ports & Special Economic Zone Ltd4.05%
Technology(2 in top 10)11.3%
- One97 Communications Ltd4.19%
- Premier Energies Ltd3.85%
- Healthcare7.2%
- Utilities3.0%
- Basic Materials2.7%
- Consumer Defensive2.6%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 190.8% vs category 45.6% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 35.8 vs category 27.1
- P/B
- 4.2 vs category 3.6
- Dividend yield
- 0.6% vs category 1.1%
- Net margin
- 16.7% vs category 16.8%
- Earnings growth
- 11.6%
- Avg market cap
- ₹1.22 lakh crore
Money in, money out
- Net flow, 12 months
- −₹0 cr
- Net flow, 3 months
- −₹3 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of JM Focused Fund?
- ₹24.85 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of JM Focused Fund?
- 1.25% a year for the Direct plan, as of 30 Jun 2026.
- How large is JM Focused Fund?
- ₹286 crore under management as of 30 Jun 2026, in the Focused Fund category.
- How risky is JM Focused Fund?
- Its SEBI Riskometer reading is "Very High Risk". Style bets: out-of-favour companies, steady payers, concentrated conviction.
- What are the 5-year returns of JM Focused Fund?
- 15.48% a year over the last 5 years (Direct plan, CAGR), against a Focused Fund average of 12.87%. Past returns do not predict future returns.
- What is the worst 3-year return of JM Focused Fund?
- 15.1% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Aug 2023. The median was 19.7% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages JM Focused Fund?
- Asit Bhandarkar, managing this fund for 17.4 years.
Where this fund sits
Its shelf, all funds
Vl · Value, dividend & focused →
Style bets: out-of-favour companies, steady payers, concentrated conviction.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Focused Fund funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.