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MF Analyser

JM Focused Fund

Direct Plan · Growth Option · Focused · Scheme code 120488

NAV₹23.6830as on 25 Sep 2026
Fund houseJM Financial Mutual Fund
CategoryFocused
Plan & optionDirect · Growth Option
History13.7 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme -1.992.9216.05 1.1612.2813.24 14.5712.5114.11
Nifty 500
benchmark		 0.874.312.15 5.2012.4911.41 ——15.49
Focused
category median		 ——— 2.9012.6611.24 —13.22—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 19.0% 0.30 0.42 1.02 -1.25% -37.4% 89.32
Nifty 500
benchmark		 17.2%0.35 0.47—— -37.3%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 83 months this scheme and its benchmark share.

Growth of ₹100 since launch

322444576692014201620182020202220242026MF Analyser

Drawdown from peak (%)

0%-12%-25%-37%2014201620182020202220242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
625 -30.9% 12.6% 85.7% 21%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
98% 101% 0.95 6.4% -0.17 7.27

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 83 months this scheme and Nifty 500 share.

MF Analyser

JM Focused Fund

Direct Plan · Growth Option

Allocation

By asset

Equity97.57%
Cash & Equivalents2.43%

By market cap

Concentration

Number of stocks27
Top 5 stocks24.95%
Top 10 stocks45.41%
Top 20 stocks80.15%
Lines in the filing29
Largest holding5.74%
Largest sectorBanks 13.03%
Effective stocks26.7
Sectors held20
Cash2.43%

Effective stocks is what the concentration works out to: a fund holding 27 names but most of its money in a few behaves like a fund of 27. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Banks — 13.0%Finance — 8.5%Consumer Durables — 8.0%Auto Components — 7.6%Capital Markets — 6.6%Automobiles — 6.2%IT - Software — 5.7%Construction — 4.6%Financial Technology (Fintech) — 4.4%Other — 35.4%Banks13.0%Finance8.5%Consumer Durables8.0%Auto Components7.6%Capital Markets6.6%Automobiles6.2%IT - Software5.7%Construction4.6%Financial Technology (Fin…4.4%Other35.4%
Banks13.03%
Finance8.54%
Consumer Durables7.96%
Auto Components7.64%
Capital Markets6.59%
Automobiles6.15%
IT - Software5.74%
Construction4.56%
Financial Technology (Fintech)4.40%
Retailing3.92%
Electrical Equipment3.54%
Personal Products3.45%
Transport Services3.42%
Pharmaceuticals & Biotechnology3.25%
Transport Infrastructure3.21%
Minerals & Mining2.73%
Leisure Services2.65%
Cash & Equivalents2.43%
Power2.31%
Chemicals & Petrochemicals2.28%
MF Analyser

JM Focused Fund

Direct Plan · Growth Option · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 Coforge Limited IT - Software 84,619 17 5.74%
2 IDFC First Bank Limited Banks 1,725,000 15 5.06%
3 Ujjivan Small Finance Bank Limited Banks 2,050,001 14 4.84%
4 Bajaj Finance Limited Finance 131,500 14 4.75%
5 Larsen & Toubro Limited Construction 33,007 13 4.56%
6 One 97 Communications Limited Financial Technology (Fintech) 75,000 13 4.40%
7 Amber Enterprises India Limited Consumer Durables 15,850 12 4.12%
8 Samvardhana Motherson International Ltd Auto Components 700,000 12 4.08%
9 Eicher Motors Limited Automobiles 14,497 12 3.94%
10 Eternal Limited Retailing 350,000 11 3.92%
11 Titan Company Limited Consumer Durables 22,000 11 3.83%
12 Shriram Finance Limited Finance 100,000 11 3.79%
13 Billionbrains Garage Ventures Ltd. Capital Markets 544,019 10 3.57%
14 CEAT Limited Auto Components 30,500 10 3.56%
15 Premier Energies Limited Electrical Equipment 100,000 10 3.54%
16 Honasa Consumer Limited Personal Products 210,000 10 3.45%
17 InterGlobe Aviation Limited Transport Services 19,107 10 3.42%
18 One Source Specialty Pharma Ltd Pharmaceuticals & Biotechnology 62,637 10 3.25%
19 Adani Port & Special Economic Zone Ltd Transport Infrastructure 59,000 9 3.21%
20 HDFC Bank Limited Banks 129,000 9 3.12%
21 Nippon Life India Asset Management Ltd Capital Markets 75,497 9 3.02%
22 GRAVITA INDIA LIMITED Minerals & Mining 44,473 8 2.73%
23 The Indian Hotels Company Limited Leisure Services 105,000 8 2.65%
24 JSW Energy Limited Power 130,000 7 2.31%
25 Linde India Limited Chemicals & Petrochemicals 10,434 7 2.28%
26 Tata Motors Passenger Vehicles Limited Automobiles 210,000 6 2.22%
27 Hindustan Aeronautics Limited Aerospace & Defense 13,500 6 2.21%
28 CCIL Unclassified 3,743 4 1.28%
29 Net Receivable/Payable Unclassified — 3 1.15%
MF Analyser

JM Focused Fund

Direct Plan · Growth Option · where the money sits

What the manager did last month

Between the filings of 31 Jul 2026 and 31 Aug 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

BoughtSoldNew positionsSold out ofPrice move of holdings
₹5 cr ₹4 cr 0 1 +2.95%
StockShares tradedShares PriceValue
₹ cr
Added to
JSW Energy Limited 50,000 +62.5% -6.2% 2.6
Billionbrains Garage Ventures Ltd. 100,000 +22.5% -1.2% 1.9
Trimmed
Amber Enterprises India Limited 1,200 -7.0% +2.4% 0.9
Adani Port & Special Economic Zone Ltd 5,000 -7.8% -6.1% 0.8
Hindustan Aeronautics Limited 1,500 -10.0% +3.3% 0.7
Premier Energies Limited 5,000 -4.8% +1.4% 0.5
HDFC Bank Limited 6,000 -4.4% -5.2% 0.4
Ujjivan Small Finance Bank Limited 50,000 -2.4% -3.7% 0.4
Sold out of
Dr. Lal Path Labs Ltd. 40,366 exited — 7.7
Not equityPrevious filingThis filingChange
Cash, repo and TREPS ₹0 cr ₹0 cr +₹0 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

InvestedValueGainXIRR
₹600,000 ₹827,199 ₹227,199 12.81%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 26 Sep 2026.