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
₹789.57
0.10%
NAV as on 16 Nov 24, 12:00 AM
very high risk
value
equity
NAV as on 16 Nov 24, 12:00 AM
very high risk
value
equity
36.24%p.a.
Last 1Y
22.18%p.a.
Last 3Y
24.19%p.a.
Last 5Y
17.20%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 1,499.38 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.
- JM Value Fund Growth delivered 36.2% annual returns during the last year. It has delivered 17.2% 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
- Satish Ramanathan (Aug 2021 - Present)
- Asit Bhandarkar (Dec 2006 - Present)
- Chaitanya Choksi (Oct 2024 - Present)
- Ruchi Fozdar (Oct 2024 - Present)
Key Information
View Scheme Document
JM Value Fund Growth SIP Calculator
If invested
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 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 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
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Frequently Asked Questions
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