← JM Financial Mutual Fund

JM Value Fund (Direct) - Growth Option

Value/Contra Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
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Stocks Held
68
Jul 2026
Equity Holdings
₹797.67 Cr
Equity only, excl. debt & cash
AAUM
₹753.98 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
18.5%
Diversified
Top 10 Weight
32.7%
Diversified
Changes
69
8 new · 4 exits
Top Sector
Banks
14.0% of portfolio
Launch Date
25 Mar 1997
10+ year track record

AAUM (Average Assets Under Management) of ₹753.98 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month JM Value Fund (Direct) made 8 new additions and exited 4 stocks this month. The biggest new buy was Pine Labs Limited (Financial Technology (Fintech)) at 1.46% weight. Hero MotoCorp Limited was the biggest exit (Automobiles), which was held at 1.48%. Among existing holdings, Redington Limited saw the biggest increase — now at 3.38% of the portfolio. Dr. Reddy's Laboratories Limited was trimmed the most, now at 1.00%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 14.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 12.9% 15.7% +2.9%
Finance 13.3% 13.4% +0.1%
Pharmaceuticals & Biotechnology 5.9% 5.7% -0.2%
Auto Components 4.3% 5.4% +1.1%
Electrical Equipment 4.9% 5.3% +0.4%
Leisure Services 4.7% 5.2% +0.5%
Construction 4.5% 4.9% +0.5%
Textiles & Apparels 3.8% 4.8% +1.1%
IT - Software 5.5% 3.9% -1.6%
Cigarettes & Tobacco Products 4.3% 3.6% -0.7%
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 15.7% 14.0% -1.8%
Finance 13.4% 11.8% -1.6%
Construction 4.9% 6.2% +1.3%
IT - Software 3.9% 5.8% +1.9%
Auto Components 5.4% 5.8% +0.4%
Electrical Equipment 5.3% 5.3% +0.0%
Textiles & Apparels 4.8% 4.3% -0.5%
Pharmaceuticals & Biotechnology 5.7% 3.9% -1.7%
Agricultural, Commercial & Construction Vehicles 3.2% 3.8% +0.6%
Commercial Services & Supplies 1.3% 3.4% +2.0%
🟢
Biggest New Buy
Pine Labs Limited
1.46% weight · Financial Technology (Fintech)
🔴
Biggest Exit
Hero MotoCorp Limited
1.48% was held · Automobiles
Biggest Add
Redington Limited
+2.04% · now 3.38%
Biggest Trim
Dr. Reddy's Laboratories Limited
-2.30% · now 1.00%
🤝 Other funds also bought this month
SBI Funds Management Limited 89 funds
SBI Funds Management Limited
Helios Financial Services Fund - Direct Plan - Growth Option
quant BFSI Fund - Growth Option - Direct Plan
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth + more
Diamond Power Infrastructure Limited 38 funds
Diamond Power Infrastructure Limited
Motilal Oswal Special Opportunities Fund - Direct - Growth
Motilal Oswal Active Momentum Fund- Direct-Growth
Motilal Oswal Flexi cap Fund Direct Plan-Growth Option + more
Bajaj Auto Limited 24 funds
Bajaj Auto Limited
HDFC Nifty Auto Index Fund
Edelweiss Nifty 100 Quality 30 Index Fnd
Bandhan Nifty 200 Quality 30 Index Fund - Direct Plan - Growth + more
Balrampur Chini Mills Limited 3 funds
Balrampur Chini Mills Limited
ITI Value Fund - Direct Plan - Growth Option
ITI Balanced Advantage Fund - Direct Plan - Growth Option
Navi Nifty 500 Multicap 50:25:25 Index
Natco Pharma Limited 2 funds
Natco Pharma Limited
Navi Nifty SmallCap250 Momentum Qlty 100
Navi Nifty 500 Multicap 50:25:25 Index
Pine Labs Limited 2 funds
Pine Labs Limited
Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option
Navi Nifty 500 Multicap 50:25:25 Index
👋 Other funds also exited
Hindalco Industries Limited 48 funds
Hindalco Industries Limited
Bandhan Nifty 500 Value 50 Index Fund
Mirae Asset Nifty 500 Value 50 ETF
Groww Nifty 500 Momentum 50 ETF FOF + more
Hero MotoCorp Limited 25 funds
Hero MotoCorp Limited
SAMCO FLEXICAP FUND
Mirae Asset BSE 500 Dividend Leaders 50 ETF
DSP Nifty Midcap 150 Quality 50 Index Fund - Direct - Growth + more
Kajaria Ceramics Limited 10 funds
Kajaria Ceramics Limited
Groww Nifty Smallcap250 ETF
Navi Nifty Smallcap 250 Momentum quality index fund- Direct Plan
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF + more
Ola Electric Mobility Ltd 7 funds
Ola Electric Mobility Ltd
Groww Nifty Smallcap250 ETF
JM Midcap Fund (Direct) - Growth
Mirae Asset Nifty Smallcap 250 ETF + more

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🟢 8 New Entries 🔴 4 Exits ↑ 28 Increased ↓ 29 Decreased
#StockSectorWeight (Jul 2026)
1
Pine Labs Limited
₹11.81 Cr
Financial Technology (Fintech) 1.46%
2
Bajaj Auto Limited
₹11.63 Cr
Automobiles 1.44%
3
Balrampur Chini Mills Limited
₹5.86 Cr
Agricultural Food & other Products 0.73%
4
Diamond Power Infrastructure Limited
₹5.71 Cr
Electrical Equipment 0.71%
5
Natco Pharma Limited
₹3.67 Cr
Pharmaceuticals & Biotechnology 0.45%
6
Power Mech Projects Limited
₹2.83 Cr
Construction 0.35%
7
PNC Infratech Limited
₹2.68 Cr
Construction 0.33%
8
SBI Funds Management Limited
₹2.57 Cr
Capital Markets 0.32%
#StockSectorLast Weight (Jun 2026)
1
Hero MotoCorp Limited
₹12.23 Cr
Automobiles 1.48%
2
Hindalco Industries Limited
₹6.70 Cr
Non - Ferrous Metals 0.81%
3
Kajaria Ceramics Limited
₹4.37 Cr
Consumer Durables 0.53%
4
Ola Electric Mobility Ltd
₹2.44 Cr
Automobiles 0.30%
#StockSectorJun 2026Jul 2026Change
1
Redington Limited
₹27.25 Cr
Commercial Services & Supplies 1.34% 3.38% +2.04%
2
Bharti Airtel Limited
₹23.66 Cr
Telecom - Services 1.80% 2.93% +1.13%
3
Tech Mahindra Limited
₹21.51 Cr
IT - Software 1.54% 2.67% +1.13%
4
ICICI Bank Limited
₹33.01 Cr
Banks 3.01% 4.09% +1.08%
5
Infosys Limited
₹25.43 Cr
IT - Software 2.37% 3.15% +0.78%
6
Larsen & Toubro Limited
₹31.75 Cr
Construction 3.30% 3.94% +0.64%
7
Cipla Limited
₹12.52 Cr
Pharmaceuticals & Biotechnology 1.07% 1.55% +0.48%
8
SML Mahindra Limited
₹9.67 Cr
Agricultural, Commercial & Construction Vehicles 0.75% 1.20% +0.45%
9
OPTIEMUS INFRACOM LIMITED
₹10.20 Cr
Telecom - Equipment & Accessories 0.90% 1.26% +0.36%
10
Hindustan Petroleum Corporation Limited
₹6.64 Cr
Petroleum Products 0.48% 0.82% +0.34%
#StockSectorJun 2026Jul 2026Change
1
Dr. Reddy's Laboratories Limited
₹8.04 Cr
Pharmaceuticals & Biotechnology 3.30% 1.00% -2.30%
2
Restaurant Brands Asia Limited
₹12.64 Cr
Leisure Services 3.75% 1.57% -2.18%
3
REC Limited
₹8.39 Cr
Finance 2.56% 1.04% -1.52%
4
Canara Bank
₹8.12 Cr
Banks 2.52% 1.01% -1.51%
5
Axis Bank Limited
₹9.84 Cr
Banks 2.04% 1.22% -0.82%
6
Godfrey Phillips India Limited
₹22.52 Cr
Cigarettes & Tobacco Products 3.56% 2.79% -0.77%
7
Apar Industries Limited
₹9.33 Cr
Electrical Equipment 1.88% 1.16% -0.72%
8
HDFC Bank Limited
₹21.70 Cr
Banks 3.20% 2.69% -0.51%
9
Cohance Lifesciences Limited
₹7.34 Cr
Pharmaceuticals & Biotechnology 1.28% 0.91% -0.37%
10
Arvind Limited
₹17.96 Cr
Textiles & Apparels 2.57% 2.23% -0.34%

What Stocks Does This Fund Hold?

68 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹33.01 Cr
Banks
4.09%
2
₹31.75 Cr
Construction
3.94%
3
₹31.40 Cr
Finance
3.89%
4
₹27.25 Cr
Commercial Services & Supplies
3.38%
5
₹25.53 Cr
Banks
3.17%
6
₹25.43 Cr
IT - Software
3.15%
7
₹23.66 Cr
Telecom - Services
2.93%
8
₹22.52 Cr
Cigarettes & Tobacco Products
2.79%
9
₹21.70 Cr
Banks
2.69%
10
₹21.51 Cr
IT - Software
2.67%
🏆 Top stocks held by Value/Contra funds
See which stocks all active Value/Contra fund managers are buying — ranked by total value invested
🏦 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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