Investment Objective and Approach

The scheme seeks long term capital growth and appreciation through investment primarily in equities. The fund maintains minimum investment in equity & equity related instruments of large cap companies at 80% of total assets.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors. The fund focuses on building a diversified portfolio of established large-cap companies, offering investors exposure to blue-chip stocks with relatively lower volatility compared to mid and small-cap funds.

The investment strategy emphasizes long-term wealth creation through systematic equity investments. Like for all equity funds, you must invest only through the SIP route. Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.

Fund Managers

Asit Bhandarkar, Chaitanya Choksi is the Current Fund Manager of JM Large Cap Fund Direct Plan Growth fund. However, recent data indicates Asit Bhandarkar as Fund Manager since May 2024.

Asit Bhandarkar Profile:

- Asit Bhandarkar, a Finance MBA from the University of Mumbai, has over 15 years of experience in the financial services industry.

- He moved on to fund management in 2003 when he joined SBI Funds Management. He worked there for two years before moving on to Lotus India AMC, where he served as a Fund Manager for another year.

- At JM Financial Mutual Fund, Mr. Bhandarkar has managed multiple funds, mostly in the Equity section. Currently, he oversees 27 schemes with a cumulative AuM of Rs. 2,454 Crore.

- He is considered one of the most dynamic fund managers in the industry with a multitude of his plans returning over 16% per annum.

About the Fund House (AMC)

JM Financial Mutual Fund is one of India's established asset management companies with a strong legacy in financial services. JM Financial Asset Management Private Limited is one of the first privately operated mutual funds company, which commenced its operations back in 1993-94.

Key Details:

- As of March 2024, they manage assets worth Rs. 5819.13 Crore spread across 74 schemes.

- They deal in the entire gamut of mutual funds including debt, equity, ELSS, liquid and fixed assets funds.

- The primary objective of JM Financial Ltd. is and has always been to provide prudent financial advice to its clients and ensure high quarterly returns on its entire portfolio of funds through effective risk management.

The AMC has built a reputation for disciplined investment management and focuses on delivering consistent performance across market cycles. With a team of highly experienced fund managers who have an in-depth understanding of the industry, JM Financial Ltd. is set to continue playing a pivotal part in the financial services sector of the Indian economy.

Should I Invest in JM Large Cap Fund?

JM Large Cap Fund can be suitable for investors seeking long-term capital appreciation through exposure to established large-cap companies. Here are key considerations:

Who Should Consider:

- Conservative equity investors looking for relatively stable returns

- Investors with a minimum 5-year investment horizon

- Those seeking diversified exposure to India's leading companies

- First-time equity investors due to lower volatility compared to mid/small-cap funds

Performance Highlights:

- JM Large Cap Fund Direct Growth has given a CAGR return of 13.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -5.79%, 19.67% and 18.79% respectively.

- The AUM (i.e. assets under management) of JM Large Cap Fund is ₹506.63 Cr as of 27th May 2025.

- The expense ratio of JM Large Cap Fund Plan is 0.76 as of 27th May 2025.

Important Considerations:

- Equity investments carry market risk and returns are not guaranteed

- Large-cap funds typically offer lower returns compared to mid and small-cap funds during bull markets

- Suitable only for investors with long-term investment goals

- SIP investments recommended over lump-sum for better risk management

FAQs

What is today's NAV of JM Large Cap Fund?

The NAV varies daily based on market movements. Check the latest NAV on Allvest platform or the fund house website for real-time updates.

What is the AUM of JM Large Cap Fund?

The AUM (assets under management) of JM Large Cap Fund is ₹506.63 Cr as of 27th May 2025.

What is the expense ratio of JM Large Cap Fund?

The expense ratio of JM Large Cap Fund Plan is 0.76 as of 27th May 2025. This is the annual fee charged for managing the fund.

What are the returns of JM Large Cap Fund since inception?

JM Large Cap Fund Direct Growth has given a CAGR return of 13.38% since inception. The fund was launched in 1995.

What is the minimum SIP amount to invest in JM Large Cap Fund?

Minimum SIP Investment is set to ₹100. The minimum investment required for lump sum option is ₹1,000.

How do I invest in JM Large Cap Fund?

You can invest through Allvest platform, directly from JM Financial website, or through registered mutual fund distributors. Complete your KYC and start investing online.

How to start a SIP in JM Large Cap Fund?

Register on Allvest, complete KYC verification, select JM Large Cap Fund, choose SIP option, set amount and frequency, then set up auto-debit mandate.

How do I automate an SIP in JM Large Cap Fund?

Set up an auto-debit mandate through your bank or UPI after starting your SIP. This ensures automatic monthly deductions without manual intervention.

How can I withdraw/redeem my investment in JM Large Cap Fund?

Submit a redemption request through Allvest platform or the fund house website. Exit load of 1% applies if redeemed within 30 days. Proceeds are typically credited within 3-4 working days.