JM Small Cap Fund Review – JM Small Cap Fund Direct NFO Open on 27 May 2024 and Close on 10 June 2024. JM Small Cap Fund Direct NFO Allotment Date is 18 June 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹5000. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open ended equity scheme predominantly investing in small cap stocks.
Scheme Benchmark : Nifty Smallcap 250 Total Return Index.
JM Small Cap Fund Scheme Benchmark
Top constituents by weightage
| Company | Weightage |
|---|---|
| Exide Industries Ltd. | 1.33 |
| Multi Commodity Exchange of India Ltd. | 1.31 |
| Crompton Greaves Consumer Electricals Ltd. | 1.28 |
| Blue Star Ltd. | 1.28 |
| Central Depository Services (India) Ltd. | 1.17 |
| National Aluminium Co. Ltd. | 1.04 |
| IDFC Ltd. | 1.01 |
| Karur Vysya Bank Ltd. | 0.99 |
| Glenmark Pharmaceuticals Ltd. | 0.99 |
| RBL Bank Ltd. | 0.97 |
JM Small Cap Fund Nfo Important Date
| Scheme Offer | JM Small Cap Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open ended equity scheme predominantly investing in small cap stocks. |
| Open Date | 27 May 2024 |
| Allotment Date | 18 June 2024 |
| Close Date | 10 June 2024 |
| Category | Small Cap Fund |
| Min Inv ₹ | 5000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty Smallcap 250 TRI |
JM Small Cap Fund Nfo Other Details
| Exit Load | 1% |
|---|---|
| Exit Load Details | Exit load of 1%, if redeemed within 15 days. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 5000 |
JM Small Cap Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max | Risk Profile |
|---|---|---|---|
| Equity & Equity related instruments of small cap companies | 65 | 100 | Very High |
| Equity and equity related instruments of other than small cap companies | 0 | 35 | Very High |
| Debt & Money Market instruments | 0 | 35 | Low to Medium |
| Units issued by REITs and InvITs | 0 | 10 | Medium to High |
| Units of Mutual Fund Scheme | 0 | 10 | Medium to High |
JM Small Cap Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 21.83 |
| Capital Goods | 13.57 |
| Healthcare | 9.67 |
| Chemicals | 6.11 |
| Construction | 5.46 |
| Consumer Durables | 5.39 |
| Automobile and Auto Components | 5.37 |
| Information Technology | 5.25 |
| Consumer Services | 3.99 |
| Fast Moving Consumer Goods | 3.92 |
| Services | 3.35 |
| Metals & Mining | 2.88 |
| Oil, Gas & Consumable Fuels | 2.80 |
| Telecommunication | 2.16 |
| Realty | 1.84 |
| Textiles | 1.48 |
| Media, Entertainment & Publication | 1.14 |
| Construction Materials | 1.07 |
| Power | 1.05 |
| Forest Materials | 0.84 |
| Diversified | 0.83 |
Investment Objective of the Scheme ?
The primary objective of the Scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities of small cap companies, as defined by SEBI. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
JM Small Cap Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 10.49 | 12.76 | 68.57 | 24.34 | 15.57 |
| Total Return | 10.49 | 12.91 | 69.67 | 25.52 | 16.96 |
JM Small Cap Fund Manager Details
- Fund Manger : Mr. Asit Bhandarkar
- Qualification : B.Com., MMS
- Experience : He has 20 years of experience in equity research and fund management. His last assignment was as Fund Manager with Lotus India Asset Management Company Pvt. Ltd. Prior to that, for more than 2 years, he was with SBI Funds Management Pvt. Ltd. As a Junior Fund Manager. He started his career on the broking side as an equity analyst and has worked with firms like Jet Age Securities and Sushil Finance Consultants for almost 2 years.
- Fund Manger : Mr. Chaitanya Choksi
- Qualification : MMS (Finance), CFA
- Experience : Mr. Chaitanya Choksi has around 23 years of work experience in the field of equity research and capital markets. Mr. Choksi is associated with JM Financial Asset Management Limited since 2008. Prior to joining the AMC, he has worked with Lotus India Asset Management Company Pvt. Ltd., Chanrai Finance Private Limited, IL &FS Investsmart and UTI Investment Advisory Services Ltd.
- Fund Manger : Mr. Gurvinder Singh Wasan
- Qualification : M.Com, Chartered Accountant (CA) and CFA Charter Holder
- Experience : He has an experience of over 20 years in the fixed income markets. His previous assignments include working as a Fund manager and a credit analyst with a mutual fund and as a structured finance manager with a rating agency and a bank. He has worked with ICICI Bank, CRISIL, and Principal Asset Management company over this period.
HOW WILL THE SCHEME ALLOCATE ITS ASSETS?
- Not more than 20% of the net assets can be deployed in Stock Lending
- Not more than 5% of the net assets can be deployed in Stock Lending to any single intermediary.
- The Scheme shall not engage in short selling. The Scheme will not participate in Credit Default Swaps (CDS) for Corporate Bonds. The Scheme will not invest in.
a. debt instruments with special features viz. subordination to equity (absorbs losses before equity capital) and /or convertible to equity upon
trigger of a pre-specified event for loss absorption including Additional Tier I bonds and Tier 2 bonds issued under Basel III framework.
b. debt instruments having Structured Obligations / Credit Enhancements.
Fund Manager Manages the Scheme?
- Mr. Asit Bhandarkar
- Mr. Chaitanya Choksi
- Mr. Gurvinder Singh Wasan
JM Small Cap Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
JM Small Cap Fund Form Download
