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This CRISIL Rated Aggressive Hybrid Fund Has Ticked 121.62% Returns In 2 Years

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Aggressive hybrid funds invest around 75% in shares and 25% in debt securities. However, unlike balanced advantage funds, this allocation is not dynamic or susceptible to alter based on market conditions. For growth and aggressive gain, investing in an aggressive hybrid fund makes sense. We have given insights into the JM Equity Hybrid Fund (Direct) in the article. The fund has given a promising return on lump-sum investment as well as SIP over the years.

 

JM Equity Hybrid Fund - (Direct) - Growth

JM Equity Hybrid Fund - (Direct) - Growth

This is an Aggressive Hybrid Fund scheme Launched on1st April 1995 by the JM Financial Mutual Fund. The scheme's Asset Under Management is worth Rs 10.71 Cr. The NAVB declared on 05th April 2022 is Rs 74.5876. Whereas, its expense ratio is 1.78%, which is higher than its category average expense ratio, and what other funds charges in its category. It is an open-ended, also small fund of its category. 

The fund has been rated 3 and 2-Star by CRISIL and Value Research, respectively. It is a highly risky fund when it comes to investing. However, its return performance is average among its peer funds. It has a below-average capacity to limit losses in a sinking market.

The scheme aims to provide steady current income as well as long term growth of capital. For investment in this scheme, the minimum payment amount required is Rs 5000, whereas, for SIP the amount is Rs 500.

Absolute And Annualised Returns
 

Absolute And Annualised Returns

Lump-Sum Investment Returns

The scheme has returned 17.33% in the last 1-year. Whereas, since its inception, it has delivered 12.46% average annual returns. Also, the fund has doubled the money invested in it every 2 years.

Investment PeriodAbsolute ReturnsAnnualised Returns
1 Year17.33%17.33%
2 Year121.62%48.71%
3 Year49.11%14.23%
5 Year71.45%11.38%
Since Inception196.53%12.46%

SIP Returns

SIP PeriodAbsolute ReturnsAnnualised Returns
1 Year5.22%9.84%
2 Year30.23%27.71%
3 Year42.44%24.38%
5 Year49.30%16.03%
Portfolio

Portfolio

The fund now has a 67.04 per cent allocation to equities and a 0.44 per cent exposure to debt.

The equity part of the fund is predominantly invested in the Financial, Automobile, Technology, Energy, and Capital Goods sectors. It has less exposure to the financial and automotive industries than other funds in the category.

The fund's debt has a very low credit rating, meaning that the borrowers to whom it has given money are of poor quality.

Top holdings of the fund include Infosys Ltd., State Bank of India, Reliance Industries Ltd., HDFC Bank Ltd., and Bajaj Finance Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Wednesday, April 6, 2022, 13:12 [IST]
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