JM Small Cap Fund Review

JM Small Cap Fund Review

JM Small Cap Fund ReviewJM 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? 

  1. Mr. Asit Bhandarkar 
  2. Mr. Chaitanya Choksi
  3. 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

https://portal.amfiindia.com/spages/13915.pdf

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