Holdings (65)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Equity | 6.1178666% |
| HDFC Bank Ltd. | Financial | Equity | 4.57217737% |
| REC Ltd. | Financial | Equity | 3.8043983% |
| Power Grid Corporation Of India Ltd. | Energy | Equity | 3.78198643% |
| Infosys Ltd. | Technology | Equity | 3.68256194% |
| Bharti Airtel Ltd. | Communication | Equity | 3.38678937% |
| GOI | Sovereign | GOI Sec | 3.29326433% |
| ICICI Bank Ltd. | Financial | Equity | 3.16335729% |
| GOI | Sovereign | GOI Sec | 2.74265397% |
| Bajaj Auto Ltd. | Automobile | Equity | 2.69703343% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.03% | 21.17% | 28.91% | 12.00% |
| Category Average | 8.97% | 12.63% | 19.29% | NA% |
| Rank Within Category | 28.00% | 1.00% | 1.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.68%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 60 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
Education
Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA.
Experience
Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.
Managed Schemes
Education
Mr. Bhandarkar is a B.Com (H) and MMS.
Experience
Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
Managed Schemes
Education
C.A, M.Com from Mumbai University
Experience
Prior to Joining the JM AMC, he has worked with SBI Pension Funds Private Limited, Reliance Nippon Life Insurance and Access Asset Managers Private Limited