NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹21.00
-0.54%
NAV as on 17 Dec 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 17 Dec 24, 12:00 AM
very high risk
focused fund
equity
28.15%p.a.
Last 1Y
22.88%p.a.
Last 3Y
17.53%p.a.
Last 5Y
4.36%p.a.
Since Inception
About JM Focused Fund - Growth Option for NRIs
NRIs can achieve long-term capital appreciation by investing in the JM Focused Fund - Growth Option scheme from JM Financial Asset Management Limited. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Mar 2008, JM Focused Fund - Growth Option is Focused Fund fund of its category with 211.91 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- JM Focused Fund - Growth Option delivered 28.1% annual returns during the last year. It has delivered 4.4% average annual returns since the fund was launched.
- JM Focused Fund - Growth Option scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to generate long-term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. However there can be no assurance that the investment objective of the Scheme will be realized. The Scheme does not guarantee/ indicate any returns
Top 10 Holdings
ICICI Bank Ltd
7.22%
HDFC Bank Ltd
5.59%
Infosys Ltd
4.92%
Canara Bank
4.77%
REC Ltd
4.47%
ABB India Ltd
4.45%
Amber Enterprises India Ltd Ordinary Shares
4.01%
Bharat Electronics Ltd
3.86%
PB Fintech Ltd
3.77%
Zomato Ltd
3.63%
Fund Managers
- Satish Ramanathan (Oct 2024 - Present)
- Asit Bhandarkar (Feb 2009 - Present)
- Chaitanya Choksi (Jul 2014 - Present)
- Ruchi Fozdar (Oct 2024 - Present)
Key Information
View Scheme Document
JM Focused Fund - Growth Option SIP Calculator
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NRI Mutual Fund Tax on JM Focused Fund - Growth Option
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in JM Focused Fund - Growth Option?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in JM Focused Fund - Growth Option
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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