Should I invest in JM Focused Fund (Direct)?

We don't give personal investment advice. JM Focused Fund (Direct) - IDCW is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 19.6%. 5-year CAGR: 13.98%.

JM Focused Fund (Direct) - IDCW

Latest NAV

₹21.9658

As of

3 Jun 2026

3,299 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.27%	+0.16%	-0.43	27 / 29	Q4
1W	-1.59%	-1.72%	+0.12	9 / 29	Q2
2W	+0.36%	+0.08%	+0.29	10 / 29	Q2
1M	-1.86%	-0.57%	-1.29	22 / 29	Q4
3M	+2.55%	-1.41%	+3.96	6 / 29	Q1
6M	-5.59%	-6.75%	+1.16	15 / 29	Q3
YTD	-5.34%	-7.04%	+1.69	13 / 29	Q2
1Y	+0.68%	-2.89%	+3.57	10 / 29	Q2
2Y	+0.17%	+0.38%	-0.21	18 / 29	Q3
3Y	+15.07%	+10.13%	+4.94	5 / 28	Q1
4Y	+16.25%	+10.02%	+6.23	2 / 25	Q1
5Y	+13.98%	+8.83%	+5.15	3 / 22	Q1
7Y	+12.08%	+9.68%	+2.40	5 / 15	Q2
10Y	+13.57%	+9.17%	+4.40	2 / 13	Q1
Inception	+13.60%	+10.95%	+2.66	10 / 29	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-5.34%	-7.04%	+1.69	13 / 29
2025	-1.01%	+1.64%	-2.65	20 / 29
2024	+25.47%	+16.89%	+8.58	3 / 28
2023	+34.33%	+23.20%	+11.13	2 / 26
2022	+7.94%	-1.34%	+9.28	3 / 24
2021	+17.42%	+29.51%	-12.10	19 / 21
2020	+8.31%	+13.97%	-5.66	16 / 18
2019	+12.46%	+8.17%	+4.29	5 / 13
2018	-3.29%	-10.01%	+6.71	3 / 13
2017	+41.70%	+30.76%	+10.95	3 / 13
2016	+11.04%	+0.70%	+10.34	1 / 13

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+17.79%

152 windows

min -32.5% · max 87.4%

76% positive

3-Year rolling

+15.45%

127 windows

min -5.0% · max 32.7%

94% positive

5-Year rolling

+14.39%

103 windows

min 2.0% · max 24.7%

100% positive

7-Year rolling

+13.53%

79 windows

min 9.4% · max 17.0%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.09%

3-year · annualised

Sharpe ratio

0.58

vs risk-free 6.5%

Sortino ratio

0.95

Downside-only deviation

Max drawdown

-19.50%

Sep 2024 → Mar 2026

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Focused Fund

Scheme	Fund house	NAV	As of
HDFC Focused Fund - IDCW Option - Direct Plan	HDFC	₹29.8120	3 Jun 2026
NIPPON INDIA FOCUSED FUND - DIRECT Plan - IDCW Option	Nippon India	₹43.8442	3 Jun 2026
SBI Focused Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹104.9539	2 Jun 2026
ICICI Prudential Focused Equity Fund - Direct Plan - IDCW	ICICI Prudential	₹59.6800	3 Jun 2026
Invesco India Focused Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹20.9000	3 Jun 2026
Bandhan Focused Fund - Direct Plan - IDCW	Bandhan	₹32.5340	3 Jun 2026
quant Focused Fund - IDCW Option - Direct Plan	Quant	₹58.6219	3 Jun 2026
Aditya Birla Sun Life Focused Fund -Direct - IDCW	Aditya Birla Sun Life	₹56.5255	3 Jun 2026
Motilal Oswal Focused Fund Direct - IDCW Payout/Reinvestment	Motilal Oswal	₹22.5878	3 Jun 2026
Franklin India Focused Equity Fund - Direct - IDCW	Franklin India	₹38.6908	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹21.9658
2 Jun 2026	₹22.0250
1 Jun 2026	₹21.9284
29 May 2026	₹22.1235
27 May 2026	₹22.3214
26 May 2026	₹22.2075
25 May 2026	₹22.1717
22 May 2026	₹21.8919
21 May 2026	₹21.9941
20 May 2026	₹21.8868

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of JM Focused Fund (Direct) - IDCW is ₹21.9658. It's a Focused Fund from the fund house, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

JM Focused Fund (Direct) - IDCW has NAV history starting from 03 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

JM Focused Fund (Direct) - IDCW is managed by the fund house. It's classified by AMFI under the 'Focused Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Focused Fund (Direct) - IDCW has delivered a absolute return of 0.68% — +3.57 pp ahead of the Focused Fund category average of -2.89%. The fund ranks #10 of 29 in its category — the second (Q2) quartile.

Over the trailing 3-year window, JM Focused Fund (Direct) - IDCW has delivered a CAGR of 15.07% — +4.94 pp ahead of the Focused Fund category average of 10.13%. The fund ranks #5 of 28 in its category — the top (Q1) quartile.

Over the trailing 5-year window, JM Focused Fund (Direct) - IDCW has delivered a CAGR of 13.98% — +5.15 pp ahead of the Focused Fund category average of 8.83%. The fund ranks #3 of 22 in its category — the top (Q1) quartile.

₹1 lakh invested in JM Focused Fund (Direct) - IDCW exactly 10 years ago would be worth approximately ₹356,952 today — a multiplier of 3.57×, based on the 10-year CAGR of 13.57%. The category average over the same window would have grown ₹1 lakh to ₹240,404.

A ₹10,000 monthly SIP in JM Focused Fund (Direct) - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹801,412 today. That's an XIRR (money-weighted annualised return) of 11.51%.

A ₹10,000 monthly SIP for 10 years in JM Focused Fund (Direct) - IDCW = ₹1,200,000 invested. It would currently be worth ₹2,335,069 (multiplier 1.95×). XIRR: 12.77%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, JM Focused Fund (Direct) - IDCW ranks #3 out of 22 funds in the Focused Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 8.83%; this fund delivered 13.98%.

The worst peak-to-trough decline JM Focused Fund (Direct) - IDCW has experienced over the last 5-year window is 19.65% — its NAV fell from a high on 18 Oct 2021 to a low on 20 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, JM Focused Fund (Direct) - IDCW averaged 14.39% (best 24.74%, worst 1.97%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.51 — reasonable risk-adjusted performance.

In calendar year 2025, JM Focused Fund (Direct) - IDCW returned -1.01% — lagging the Focused Fund category average of 1.64% by 2.65 pp. It ranked #20 of 29 in its category that year.

JM Focused Fund (Direct) - IDCW is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. JM Focused Fund (Direct) - IDCW is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 19.6%. 5-year CAGR: 13.98%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.