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
₹739.07
0.41%
NAV as on 30 Apr 24, 12:00 AM
very high risk
value
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
value
equity
66.55%p.a.
Last 1Y
30.42%p.a.
Last 3Y
23.79%p.a.
Last 5Y
16.77%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 580.51 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.
- JM Value Fund Growth delivered 66.5% annual returns during the last year. It has delivered 16.8% 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
ITC Ltd
4.28%
ICICI Bank Ltd
4.22%
HDFC Bank Ltd
4.08%
Larsen & Toubro Ltd
3.73%
Infosys Ltd
3.46%
Mahindra & Mahindra Ltd
2.98%
State Bank of India
2.92%
Kalpataru Projects International Ltd
2.69%
REC Ltd
2.63%
Hero MotoCorp Ltd
2.44%
Fund Managers
- Satish Ramanathan (Aug 2021 - Present)
- Asit Bhandarkar (Dec 2006 - Present)
- Gurvinder Wasan (Dec 2022 - 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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