JM Value Fund
NAV
₹111.83
as of 21 Aug 2026
JM Value Fund is an open-ended Value Fund scheme from JM Financial Mutual Fund managing ₹823 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹111.83 as of 21 Aug 2026. The expense ratio is 1.5% a year. Managed by Asit Bhandarkar. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.5% / yr
- as of 30 Jun 2026
- Fund size
- ₹823 crore
- as of 30 Jun 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 2 Jun 1997
- ISIN
- INF192K01BT3
₹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 Value Fund
₹219
+119% on ₹100 over 5.0 yrs
Value Fund average
₹203
+103% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 8.63% | 4.78% | +3.85 |
| 6 months | 5.52% | 1.65% | +3.87 |
| 1 year | 2.43% | 3.57% | -1.14 |
| 3 years (CAGR) | 14.68% | 15.28% | -0.60 |
| 5 years (CAGR) | 16.85% | 15.24% | +1.61 |
No category average is available for this fund. 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
- -12.2%
- Median
- 9.1%
- Best
- 67.8%
49 windows over the last 60 months, stepped monthly; 74% 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
- 14.6%
- Median
- 24.4%
- Best
- 31.9%
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)
- 0.44
- Sharpe ratio (5Y)
- 0.61
- Sortino ratio (3Y)
- 0.68 vs category 0.75
- Standard deviation (3Y)
- 19.08%
- Beta (3Y)
- 1.14
- Alpha (3Y)
- 1.26%
- Deepest fall (5Y)
- -25.87%
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
-25.9%
Right now
-9.3% below peak
Ahead of its benchmark in 44% of months (window: 3y, monthly) — benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
99.1%
Cash
0.9%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
67 positions · top 10 = 32.4%
Market-cap mix
Large 34.5%Mid 16.8%Small 47.7%Other 0.9%
as of 30 Jun 2026
Holdings by sector
Financial Services(5 in top 10)32.2%
- Shriram Finance Ltd4.04%
- HDFC Bank Ltd3.20%
- Jana Small Finance Bank Ltd3.13%
- ICICI Bank Ltd3.01%
- REC Ltd2.56%
Consumer Cyclical(2 in top 10)23.9%
- Restaurant Brands Asia Ltd Ordinary Shares3.75%
- Arvind Ltd2.57%
Industrials(1 in top 10)16.1%
- Larsen & Toubro Ltd3.30%
- Technology7.1%
Healthcare(1 in top 10)6.4%
- Dr Reddy's Laboratories Ltd3.30%
Consumer Defensive(1 in top 10)3.6%
- Godfrey Phillips India Ltd3.56%
- Basic Materials3.5%
- Utilities3.2%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 117.8% vs category 50.1% 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)
- 19.8 vs category 21.3
- P/B
- 2.7 vs category 2.8
- Dividend yield
- 1.4% vs category 1.4%
- Net margin
- 15.8% vs category 17.1%
- Earnings growth
- 11.2%
- Avg market cap
- ₹46,988 crore
Money in, money out
- Net flow, 12 months
- −₹218 cr
- Net flow, 3 months
- −₹27 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of JM Value Fund?
- ₹111.83 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of JM Value Fund?
- 1.5% a year for the Direct plan, as of 30 Jun 2026.
- How large is JM Value Fund?
- ₹823 crore under management as of 30 Jun 2026, in the Value Fund category.
- How risky is JM Value 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 Value Fund?
- 16.85% a year over the last 5 years (Direct plan, CAGR), against a Value Fund average of 15.24%. Past returns do not predict future returns.
- What is the worst 3-year return of JM Value Fund?
- 14.6% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Aug 2023. The median was 24.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages JM Value Fund?
- Asit Bhandarkar, managing this fund for 19.6 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 Value 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.