JM Value Fund (Regular) - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 93% of historical 3-year rolling periods.
- Over 29 years of operational history across different market cycles.
- Downside capture of 129% indicates larger drops during broader market downturns.
- Expense ratio (2.7%) is higher than category median (2.33%), which creates fee drag over time.
- Experienced a maximum drawdown of -83.0% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +3.01% | +6.97% | -3.96% |
| 3 Months | -1.58% | -0.44% | -1.14% |
| 6 Months | +2.86% | +2.86% | 0.00% |
| 1 Year | -1.43% | +0.81% | -2.24% |
| 3 Years CAGR | +9.97% | +11.40% | -1.43% |
| 5 Years CAGR | +12.20% | +10.93% | +1.27% |
| 7 Years CAGR | +16.14% | +15.04% | +1.10% |
| 10 Years CAGR | +14.63% | +13.46% | +1.17% |
| Since Inception | +8.57% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in JM Value Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -0.92% | -0.49% | -0.43% |
| 2025 | -4.41% | +4.57% | -8.98% |
| 2024 | +25.05% | +21.24% | +3.81% |
| 2023 | +47.66% | +32.95% | +14.71% |
| 2022 | +5.34% | +4.90% | +0.44% |
| 2021 | +36.28% | +30.97% | +5.31% |
| 2020 | +13.40% | +14.09% | -0.69% |
| 2019 | +11.95% | +4.94% | +7.01% |
| 2018 | -11.22% | -10.61% | -0.61% |
| 2017 | +44.56% | +38.91% | +5.65% |
| 2016 | +12.14% | +5.06% | +7.08% |
| 2015 | +3.51% | +0.31% | +3.20% |
| 2014 | +52.42% | +52.42% | 0.00% |
| 2013 | -7.73% | +1.75% | -9.48% |
| 2012 | +45.58% | +34.47% | +11.11% |
| 2011 | -40.97% | -23.76% | -17.21% |
| 2010 | -14.17% | +16.83% | -31.00% |
| 2009 | +100.41% | +100.41% | 0.00% |
| 2008 | -75.71% | -51.44% | -24.27% |
| 2007 | +111.44% | +77.47% | +33.97% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -78.16% | +15.48% | +7.67% | +165.89% | 65.0% | 52.2% |
| 3-Year Rolling | -26.95% | +10.49% | +14.10% | +35.38% | 75.0% | 92.7% |
| 5-Year Rolling | -18.73% | +10.30% | +12.25% | +32.74% | 83.6% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2008-01-02 | 2009-03-05 | -83.0% | 14 months | 143 months |
| 2006-05-10 | 2006-06-14 | -37.5% | 1 months | 6 months |
| 2024-09-05 | 2026-03-31 | -27.5% | 19 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related instruments (including equity derivatives) | 80%-100%,Other Equity and Equity related instruments / Money Market Instruments / InvITs/ Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds^ - 0%-20%. ^Any other security as may be permitted by SEBI/ RBI from time to time. Other Liquid instruments includes cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI. The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund. |
Investment Objective & Strategy
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. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 772 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Value schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Value Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| ITI Value Fund | 2.9 | +10.53% | 3.00% | 121.7% | Rs 353 cr | Compare → |
| Baroda BNP Paribas Value Fund | 3.2 | +8.94% | 2.41% | 100.1% | Rs 961 cr | Compare → |
| Canara Robeco Value Fund | 4.6 | +10.13% | 2.27% | 106.4% | Rs 1,288 cr | Compare → |
| Sundaram Value Fund | 2.6 | +7.39% | 2.26% | 95.1% | Rs 1,281 cr | Compare → |
| Union Value Fund | 4.2 | +10.95% | 2.70% | 95.7% | Rs 401 cr | Compare → |
Frequently Asked Questions about JM Value Fund
What is the expense ratio of JM Value Fund?
JM Value Fund has a total expense ratio (TER) of 2.7% with a base expense ratio of 2.01%, compared to the Value category median of 2.33%.
Who manages JM Value Fund?
JM Value Fund is managed by Satish Ramanathan (tenure: 5.2 years since 2021-08-20).
What are the historical returns of JM Value Fund?
JM Value Fund delivered a 3-year CAGR of 9.97% and a 5-year CAGR of 12.2%. Its 1-year return stands at -1.43%.
How large is JM Value Fund?
JM Value Fund manages assets of Rs 772 cr, placing it in the 'comfortable' size band relative to Value peers.
How is JM Value Fund scored on MFIQ?
JM Value Fund holds an MFIQ Score of 2.5/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is JM Value Fund?
JM Value Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 17.43% with a maximum historical drawdown of -83.04%.