CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
MF—Growth

JM Financial Services Sector Fund - Growth

Banks & Financial ServicesEquity - Sectoral Fund - Banks & Financial ServicesBenchmark: BSE Financial Services
NAV · 01 Apr 2011₹10.03-0.64%
AUM₹17 Cr
Expense Ratio2.50%
CAGR—
Exit LoadNil
Min SIP₹500
Launched2006

Investment Objective

The primary investment objective of the scheme is to invest predominantly in equity & equity related instruments in the Banking / Financial institution / NBFC and housing finance sectors in India. Accordingly the NAV of the Scheme is linked to the equity performance of such companies. However, there can be no assurance that the investment objectives of the scheme will be realised. The scheme does not guarantee / indicate any returns.

Fund Mandate

Debt0%–20%
Equity80%–100%
MMI0%–20%
Others0%–20%
Asset Allocation
Domestic Equity55.6%
Cash & Equivalents44.4%
Fund Managers
SK
Sanjay Kumar Chhabaria
Fund Manager
Key Information
2.50%
₹500
₹5,000
Nil
Nil
Inception07 Dec 2006
AMC—
Top Holdings
1CBLO & Others*44.37%
2AXIS Bank 8.84%
3ICICI Bank8.75%
4HDFC Bank8.65%
5Punjab National Bank8.36%
6State Bank Of India8.25%
7Bank of Baroda8.16%
8Standard Chartered Bank 4.61%
Sector Allocation
Other100.0%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day-0.64%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.50%
Nil
Nil
₹500
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme