JM Focused Fund
NAV
₹23.35
as of 6 Oct 2026
JM Focused Fund is an open-ended Focused Fund scheme from JM Financial Mutual Fund managing ₹289 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹23.35 as of 6 Oct 2026. The expense ratio is 1.32% a year. Managed by Asit Bhandarkar. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.32% / yr
- as of 31 Aug 2026
- Fund size
- ₹289 crore
- as of 31 Jul 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 5 Oct 2026Benchmark: NIFTY 500 Index
JM Focused Fund
₹168
+68% on ₹100 over 5.0 yrs
Focused Fund average
₹162
+62% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -3.20% | -3.51% | +0.31 |
| 6 months | 5.31% | 9.29% | -3.98 |
| 1 year | -2.72% | -1.32% | -1.40 |
| 3 years (CAGR) | 10.99% | 11.49% | -0.50 |
| 5 years (CAGR) | 11.47% | 10.34% | +1.13 |
Category average across 26 funds, as of 5 Oct 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
- 9.6%
- Best
- 56.9%
49 windows over the last 60 months, stepped monthly; 82% 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
- 10.6%
- Median
- 19.0%
- Best
- 25.6%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.51
- Sharpe ratio (5Y)
- 0.57
- Sortino ratio (3Y)
- 0.76 vs category 0.76
- Standard deviation (3Y)
- 16.93%
- Beta (3Y)
- 1.05
- Alpha (3Y)
- 1.89%
- 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
-7.4% 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
98.9%
Cash
1.1%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
30 positions · top 10 = 44.5%
Market-cap mix
Large 46.8%Mid 27.0%Small 25.1%Other 1.1%
as of 31 Jul 2026
Holdings by sector
Financial Services(3 in top 10)28.6%
- Ujjivan Small Finance Bank Ltd Ordinary Shares5.21%
- Bajaj Finance Ltd5.19%
- IDFC First Bank Ltd5.05%
Consumer Cyclical(3 in top 10)28.1%
- Amber Enterprises India Ltd Ordinary Shares4.39%
- Eicher Motors Ltd3.93%
- Titan Co Ltd3.71%
Industrials(2 in top 10)16.6%
- Larsen & Toubro Ltd4.50%
- Adani Ports & Special Economic Zone Ltd3.76%
Technology(2 in top 10)12.2%
- Coforge Ltd5.04%
- Premier Energies Ltd3.71%
- Healthcare6.2%
- Consumer Defensive3.3%
- Basic Materials2.4%
- Utilities1.5%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 97.9% vs category 44.9% a year.
The businesses it owns
- P/E (trailing)
- 33.3 vs category 27.4
- P/B
- 4.2 vs category 3.6
- Dividend yield
- 0.7% vs category 1.0%
- Net margin
- 17.2% vs category 16.9%
- Earnings growth
- 14.3%
- Avg market cap
- ₹1.02 lakh crore
Money in, money out
- Net flow, 12 months
- −₹8 cr
- Net flow, 3 months
- −₹9 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of JM Focused Fund?
- ₹23.35 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of JM Focused Fund?
- 1.32% a year for the Direct plan, as of 31 Aug 2026.
- How large is JM Focused Fund?
- ₹289 crore under management as of 31 Jul 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?
- 11.47% a year over the last 5 years (Direct plan, CAGR), against a Focused Fund average of 10.34%. Past returns do not predict future returns.
- What is the worst 3-year return of JM Focused Fund?
- 10.6% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 19.0% 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 17.5 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.