NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

JM Value Fund Growth for NRI [837.09]

Min Investment

1,000

Fund Size

1,454.96 Cr

Expense Ratio

2.2%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

837.09

0.16%

NAV as on 10 Dec 24, 12:00 AM

very high risk

value

equity

NAV as on 10 Dec 24, 12:00 AM

very high risk

value

equity

35.57%p.a.

Last 1Y

26.17%p.a.

Last 3Y

26.22%p.a.

Last 5Y

17.07%p.a.

Since Inception

About JM Value Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the JM Value Fund Growth scheme from JM Financial Asset Management Limited. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Jun 1997, JM Value Fund Growth is Value fund of its category with 1,454.96 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.

  • JM Value Fund Growth delivered 35.6% annual returns during the last year. It has delivered 17.1% average annual returns since the fund was launched.
  • JM Value Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

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.

Top 10 Holdings

HDFC Bank Ltd

6.60%

Infosys Ltd

4.35%

ICICI Bank Ltd

4.00%

Dr Reddy's Laboratories Ltd

3.49%

NTPC Ltd

2.98%

Larsen & Toubro Ltd

2.61%

State Bank of India

2.46%

Suven Pharmaceuticals Ltd

2.22%

REC Ltd

2.21%

Amber Enterprises India Ltd Ordinary Shares

2.16%

Fund Managers

  1. Satish Ramanathan (Aug 2021 - Present)
  2. Asit Bhandarkar (Dec 2006 - Present)
  3. Chaitanya Choksi (Oct 2024 - Present)
  4. Ruchi Fozdar (Oct 2024 - Present)

Key Information

View Scheme Document

JM Value Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on JM Value Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in JM Value Fund Growth?

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 Value Fund Growth
  • 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

Frequently Asked Questions