JM Focused Fund (Direct)

FocusedEquity SEBI-regulated

NAV (Direct-Growth)

₹23.6055

As of 1 Jul 2026 · AMFI

AUM

₹278.72 Cr

Expense ratio

0.72%

1Y returns

+2.12%

cat 0.30%

3Y CAGR

+15.57%

cat 13.46%

5Y CAGR

+15.23%

cat 12.56%

Std deviation 3Y

+17.01%

cat 15.50%

In plain English

JM Focused Fund (Direct) is a Focused scheme from JM Financial. The portfolio is ~99% in equities. Within equity, ~55% sits in large-cap stocks, 27% in mid-cap, and 15% in small-cap. Long-run track record: about 15.2% CAGR over 5 years. Volatility is typical for equity — 20–30 % drawdowns happen during market stress. Worst historical drawdown: -37% in Mar 2020, recovered in 9 months.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

NAV (Direct-Growth)

₹23.6055

Last 1Y

+1.03%

Jul 25Min ₹19.99 · Max ₹24.45 · 202 ptsJul 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Mar 2020

-37.4%

Peak ₹10.72 on 19 Feb 2020 → trough ₹6.71 on 23 Mar 2020 (1 months down).

Recovered in 9 months· 14 Dec 2020

Aug 2013

-27.5%

Peak ₹3.99 on 15 Jan 2013 → trough ₹2.89 on 28 Aug 2013 (8 months down).

Recovered in 6 months· 7 Mar 2014

Feb 2016

-26.7%

Peak ₹6.35 on 5 Aug 2015 → trough ₹4.66 on 25 Feb 2016 (7 months down).

Recovered in 4 months· 30 Jun 2016

Oct 2018

-20.1%

Peak ₹10.13 on 28 Aug 2018 → trough ₹8.09 on 23 Oct 2018 (2 months down).

Recovered in 5 months· 1 Apr 2019

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

4 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
0.72% — typical for category.
AUM size
₹279 Cr.
Sector concentration
Top 3 sectors = 64.5% — fairly concentrated.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	+0.20%	-0.35%	5/ 28
1M	+10.37%	+8.42%	7/ 28
3M	+2.27%	+0.33%	9/ 28
6M	-0.60%	-1.05%	14/ 28
YTD	+0.61%	-0.73%	13/ 28
1Y	+2.12%	+0.30%	12/ 28
2Y	+3.47%	+5.22%	23/ 28
3Y	+15.57%	+13.46%	12/ 27
5Y	+15.23%	+12.56%	5/ 24
7Y	+12.42%	+12.03%	13/ 16
10Y	+14.82%	+13.67%	8/ 14

Portfolio composition

Asset allocation

Equity98.87%
Cash1.13%

By market cap

Large cap54.76%
Mid cap27.04%
Small cap14.81%
Others3.39%

Concentration

Holdings

Avg market cap

₹1.21 L Cr

Top 10 stocks

44.55%

Top 5 stocks

23.77%

Top 3 sectors

64.50%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

1
Ujjivan Small Finance Bank Ltd Ordinary Shares
—5.72%
1
Ujjivan Small Finance Bank Ltd Ordinary Shares
—5.21%
2
Titan Co Ltd
—5.20%
3
Larsen & Toubro Ltd
—5.17%
2
Larsen & Toubro Ltd
—5.05%
3
Amber Enterprises India Ltd Ordinary Shares
—4.93%
4
ITC Ltd
—4.88%
5
Amber Enterprises India Ltd Ordinary Shares
—4.78%
6
HDFC Bank Ltd
—4.55%
4
OneSource Specialty Pharma Ltd
—4.30%
5
Bajaj Finance Ltd
—4.29%
7
IDFC First Bank Ltd
—4.28%
8
Eternal Ltd
—4.25%
6
One97 Communications Ltd
—4.21%
7
Premier Energies Ltd
—4.19%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio32.7426.85+5.89
P/B ratio3.853.70+0.15
Price / Sales3.223.38-0.16
Price / Cash Flow21.8418.74+3.10
Dividend yield0.77%0.98%-0.21
Return on equity (ROE)16.54%16.62%-0.08

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
16.6117.0115.8417.8615.5014.61
Sharpe ratio
Risk-adjusted return — higher is better.
-0.150.550.60-0.250.480.49
Sortino ratio
Like Sharpe but only counts downside volatility.
-0.210.820.94-0.310.730.76
Beta
1 = moves with the market. <1 = less volatile.
1.131.041.010.980.950.93

Peers in Focused

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

Available plans & options

PlanOptionFull nameISIN

DirectGrowthJM Focused Fund (Direct) - Growth OptionINF192K01BW7
DirectIDCW ReinvestmentJM Focused Fund (Direct) - IDCWINF192K01BU1

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