Investment Objective and Approach

JM Value Fund is an open-ended diversified equity scheme which aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities. This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.

The fund's strategy focuses on identifying companies trading below their intrinsic value and holding them for long-term wealth creation. When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. However, investors should be prepared for volatility as value-oriented funds are not suitable if you need to redeem your investment in less than five years.

Key investment characteristics:

- Focus on undervalued equity securities

- Long-term capital appreciation objective

- Value/contrarian investment approach

- Diversified portfolio across sectors

- Fund allocation comprises 99.64% in equities, 0.00% in bonds, and 0.36% in cash and cash equivalents as of August 2025.

Fund Managers

Asit Bhandarkar is the current Fund Manager of JM Value Fund. Asit Bhandarkar, a Finance MBA from the University of Mumbai, has over 15 years of experience in the financial services industry. Before joining JM Financial Ltd. in 2006, Mr. Bhandarkar had spent brief stints at Sushil Finance and Jet Age Securities as a Research Analyst.

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. The fund also has co-managers including Satish Ramanathan, Ruchi Fozdar and Deepak Gupta who contribute to the fund's investment decisions.

About the Fund House (AMC)

JM Financial Mutual Fund is one of the first privately operated mutual funds company, which commenced its operations back in 1993-94. It is a subsidiary of the much older JM Financial Group, which has a rich pedigree and long standing in the financial services sector of India.

The mother company's origins can be traced back to the first decade of Indian independence, when the group's founder, the Kampani family, started taking an interest in the then embryonic capital funds market. The first financial company under the group, JM Financial & Investment Consultancy Services, opened its gates on 15 September 1973.

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 has been serving investors for over three decades.

Key milestones in JM Financial's journey:

- On January 30, 1986, JM Share & Stock Brokers (JMSSB) was established. It was the precursor to JM Financial Asset Management Ltd, the AMC of JM Financial Mutual Funds.

- JM Financial Ltd started its journey on a high, simultaneously launching three funds, namely, JM Equity Fund, JM Liquid Fund (later renamed JM Income Fund), and JM Balanced Fund. These would go on to become the building blocks for a diverse portfolio of funds that JM Financial would launch swiftly in the next decades.

- Having entered a Joint Venture with the world's leading financial services company, Morgan Stanley, in 1997, JM Financial Ltd expanded its wings exponentially.

Should I Invest in JM Value Fund?

JM Value Fund can be suitable for investors with specific characteristics and investment goals:

Suitable for investors who:

- Have a long-term investment horizon of 5+ years

- Can tolerate high volatility in short-term returns

- Believe in value investing philosophy

- Want exposure to undervalued equity securities

- Seek potential for inflation-beating returns over long term

Key considerations:

- The JM Value Fund is rated Very High risk, making it suitable only for risk-tolerant investors

- Over the last 1, 3 and 5 years the fund has given a CAGR return of -5.03%, 29.87% and 28.79% respectively as of recent data

- JM Value Fund has given a CAGR return of 17.77% since inception

- The fund's performance can be volatile due to its value investing approach

- Like for all equity funds, you must invest only through the SIP route for better risk management

Investment minimums:

- Minimum SIP Investment is set to ₹100

- Minimum Lumpsum Investment is ₹1,000

FAQs

What is today's NAV of JM Value Fund?

The Latest NAV as of 25 Aug 2025 is ₹108.72 for the Direct Plan Growth option. NAV changes daily based on market movements.

What is the AUM of JM Value Fund?

The fund currently has an Asset Under Management(AUM) of ₹14,046 Cr as of August 2025, making it a substantial fund with good investor interest.

What is the expense ratio of JM Value Fund?

The fund has an expense ratio 0.9% for the direct plan, which covers fund management and operational costs.

What are the returns of JM Value Fund since inception?

JM Value Fund has given a CAGR return of 17.77% since inception, demonstrating strong long-term wealth creation potential.

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

Minimum SIP Investment is set to ₹100, making it accessible for small investors to start their investment journey.

How do I invest in JM Value Fund?

You can invest in JM Value Fund through Allvest's platform by completing KYC, selecting the fund, and choosing between SIP or lump sum options with convenient online payment methods.

How to start a SIP in JM Value Fund?

Register on Allvest, complete your KYC verification, select JM Value Fund, choose 'Start SIP' option, set your monthly amount (minimum ₹100), and set up auto-debit for hassle-free investing.

How do I automate an SIP in JM Value Fund?

After starting your SIP through Allvest, set up an auto-debit mandate with your bank account to ensure automatic monthly investments without manual intervention.

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

You can redeem your JM Value Fund units through Allvest's platform by logging into your account, selecting the fund, choosing partial or full redemption, and the amount will be credited to your registered bank account. Exit load of 1%, if redeemed within 30 days applies for early redemptions.