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JM Focused Fund (Direct) - Growth Option

Focused Data as of Apr 2026 Comparing Mar 2026 → Apr 2026
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Stocks Held
28
Apr 2026
Equity Holdings
₹274.11 Cr
Equity only, excl. debt & cash
Top 5 Weight
25.5%
Moderate
Top 10 Weight
45.8%
Moderate
Changes
30
2 new · 2 exits
Top Sector
Banks
12.4% of portfolio
📋 What Happened This Month JM Focused Fund (Direct) made 2 new additions and exited 2 stocks this month. The biggest new buy was Trent Limited (Retailing) at 3.04% weight. Cholamandalam Investment and Finance Company Ltd was the biggest exit (Finance), which was held at 2.63%. Among existing holdings, Premier Energies Limited saw the biggest increase — now at 3.64% of the portfolio. Bharti Airtel Limited was trimmed the most, now at 2.02%. Ujjivan Small Finance Bank Limited remains the top holding with Banks the dominant sector at 12.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Feb 2026 Mar 2026
Sector Prev Curr Delta
Banks 15.1% 14.6% -0.5%
Consumer Durables 10.0% 10.0% +0.0%
Finance 7.4% 6.2% -1.3%
Automobiles 7.4% 6.1% -1.2%
IT - Software 5.4% 5.7% +0.3%
Construction 5.8% 5.2% -0.6%
Diversified FMCG 4.6% 4.9% +0.3%
Retailing 4.2% 4.3% +0.1%
Financial Technology (Fintech) 4.0% 4.1% +0.0%
Telecom - Services 4.0% 4.0% -0.1%
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 14.6% 12.4% -2.1%
Consumer Durables 10.0% 9.3% -0.7%
Finance 6.2% 7.4% +1.2%
Retailing 4.3% 7.1% +2.9%
Automobiles 6.1% 5.8% -0.3%
IT - Software 5.7% 5.7% +0.0%
Construction 5.2% 5.2% +0.1%
Diversified FMCG 4.9% 4.7% -0.2%
Financial Technology (Fintech) 4.1% 4.1% +0.0%
Pharmaceuticals & Biotechnology 3.9% 4.1% +0.2%
🟢
Biggest New Buy
Trent Limited
3.04% weight · Retailing
🔴
Biggest Exit
Cholamandalam Investment and Finance Company Ltd
2.63% was held · Finance
Biggest Add
Premier Energies Limited
+1.30% · now 3.64%
Biggest Trim
Bharti Airtel Limited
-1.94% · now 2.02%
🤝 Other funds also bought this month
Trent Limited 53 funds
Trent Limited
Mirae Asset Great Consumer Fund
Invesco India Large & Mid Cap Fund - Direct Plan - Growth
Mirae Asset Nifty India New Age Consumption ETF + more
Shriram Finance Limited 50 funds
Shriram Finance Limited
ICICI Prudential Nifty 200 Momentum 30 ETF
Bandhan Nifty200 Momentum 30 Index Fund
HDFC NIFTY200 MOMENTUM 30 ETF - Growth Option + more
👋 Other funds also exited
Jubilant Foodworks Limited 9 funds
Jubilant Foodworks Limited
Tata Focused Fund-Direct Plan-Growth
ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - Growth
UTI Equity Savings Fund - Direct Plan - Growth Option + more
Cholamandalam Investment and Finance Company Ltd 7 funds
Cholamandalam Investment and Finance Company Ltd
Motilal Oswal Flexi cap Fund Direct Plan-Growth Option
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth
Bandhan Nifty Next 50 Index Fund - Direct Plan - Growth + more

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 Apr 2026
🟢 2 New Entries 🔴 2 Exits ↑ 12 Increased ↓ 14 Decreased
#StockSectorWeight (Apr 2026)
1
Trent Limited
₹8.50 Cr
Retailing 3.04%
2
Shriram Finance Limited
₹7.50 Cr
Finance 2.68%
#StockSectorLast Weight (Mar 2026)
1
Cholamandalam Investment and Finance Company Ltd
₹6.50 Cr
Finance 2.63%
2
Jubilant Foodworks Limited
₹3.69 Cr
Leisure Services 1.49%
#StockSectorMar 2026Apr 2026Change
1
Premier Energies Limited
₹10.18 Cr
Electrical Equipment 2.34% 3.64% +1.30%
2
Bajaj Finance Limited
₹13.07 Cr
Finance 3.55% 4.67% +1.12%
3
Adani Ports and Special Economic Zone Limited
₹10.61 Cr
Transport Infrastructure 3.02% 3.79% +0.77%
4
Gravita India Limited
₹7.41 Cr
Minerals & Mining 1.97% 2.65% +0.68%
5
Hindustan Aeronautics Limited
₹8.24 Cr
Aerospace & Defense 2.47% 2.95% +0.48%
6
Amber Enterprises India Limited
₹14.48 Cr
Consumer Durables 4.78% 5.18% +0.40%
7
Onesource Specialty Pharma Limited
₹11.41 Cr
Pharmaceuticals & Biotechnology 3.91% 4.08% +0.17%
8
JSW Energy Limited
₹8.82 Cr
Power 2.99% 3.15% +0.16%
9
Nippon Life India Asset Management Limited
₹8.33 Cr
Capital Markets 2.83% 2.98% +0.15%
10
Coforge Limited
₹7.13 Cr
IT - Software 2.46% 2.55% +0.09%
#StockSectorMar 2026Apr 2026Change
1
Bharti Airtel Limited
₹5.66 Cr
Telecom - Services 3.96% 2.02% -1.94%
2
HDFC Bank Limited
₹7.72 Cr
Banks 4.55% 2.76% -1.79%
3
Titan Company Limited
₹11.40 Cr
Consumer Durables 5.20% 4.08% -1.12%
4
IDFC First Bank Limited
₹11.14 Cr
Banks 4.28% 3.98% -0.30%
5
Max Healthcare Institute Limited
₹8.79 Cr
Healthcare Services 3.44% 3.14% -0.30%
6
Eternal Limited
₹11.36 Cr
Retailing 4.25% 4.06% -0.19%
7
Eicher Motors Limited
₹11.02 Cr
Automobiles 4.12% 3.94% -0.18%
8
ITC Limited
₹13.23 Cr
Diversified FMCG 4.88% 4.73% -0.15%
9
Linde India Limited
₹7.64 Cr
Chemicals & Petrochemicals 2.88% 2.73% -0.15%
10
Maruti Suzuki India Limited
₹5.33 Cr
Automobiles 1.99% 1.90% -0.09%

Full Portfolio

28 stocks — Apr 2026

# Stock Sector Cap Weight & Value
1
₹15.94 Cr
Banks
5.70%
2
₹14.65 Cr
Construction
5.24%
3
₹14.48 Cr
Consumer Durables
5.18%
4
₹13.23 Cr
Diversified FMCG
4.73%
5
₹13.07 Cr
Finance
4.67%
6
₹11.51 Cr
Financial Technology (Fintech)
4.11%
7
₹11.41 Cr
Pharmaceuticals & Biotechnology
4.08%
8
₹11.40 Cr
Consumer Durables
4.08%
9
₹11.36 Cr
Retailing
4.06%
10
₹11.14 Cr
Banks
3.98%
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🏦 JM Financial Mutual Fund — Portfolio & Holdings
See all funds managed by JM Financial Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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