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JM Value Fund (Direct) - Growth Option

Value/Contra Data as of May 2026 Comparing Mar 2026 → May 2026
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Stocks Held
62
May 2026
Equity Holdings
₹801.32 Cr
Equity only, excl. debt & cash
Top 5 Weight
18.6%
Diversified
Top 10 Weight
32.7%
Diversified
Changes
65
9 new · 3 exits
Top Sector
Finance
13.3% of portfolio
📋 What Happened This Month JM Value Fund (Direct) made 9 new additions and exited 3 stocks this month. The biggest new buy was Hindustan Aeronautics Limited (Aerospace & Defense) at 1.87% weight. Vedanta Limited was the biggest exit (Diversified Metals), which was held at 3.72%. Among existing holdings, REC Limited saw the biggest increase — now at 2.47% of the portfolio. Tata Consultancy Services Limited was trimmed the most, now at 1.01%. Godfrey Phillips India Limited remains the top holding with Finance the dominant sector at 13.3%. ↓ 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 14.7% 13.8% -1.0%
Finance 11.4% 11.4% +0.1%
IT - Software 7.4% 7.4% 0.0%
Pharmaceuticals & Biotechnology 4.0% 5.0% +1.0%
Construction 5.7% 4.8% -0.9%
Leisure Services 4.2% 4.7% +0.5%
Automobiles 5.5% 4.1% -1.5%
Cigarettes & Tobacco Products 3.9% 4.0% +0.1%
Consumer Durables 4.1% 4.0% -0.2%
Power 1.1% 3.9% +2.8%
Mar 2026 May 2026
Sector Prev Curr Delta
Finance 11.4% 13.3% +1.9%
Banks 13.8% 12.9% -0.9%
Pharmaceuticals & Biotechnology 5.0% 5.9% +0.9%
IT - Software 7.4% 5.5% -1.9%
Electrical Equipment 3.4% 4.9% +1.5%
Leisure Services 4.7% 4.7% +0.0%
Construction 4.8% 4.5% -0.4%
Auto Components 3.6% 4.3% +0.7%
Cigarettes & Tobacco Products 4.0% 4.3% +0.3%
Consumer Durables 4.0% 4.0% +0.1%
🟢
Biggest New Buy
Hindustan Aeronautics Limited
1.87% weight · Aerospace & Defense
🔴
Biggest Exit
Vedanta Limited
3.72% was held · Diversified Metals
Biggest Add
REC Limited
+1.03% · now 2.47%
Biggest Trim
Tata Consultancy Services Limited
-1.07% · now 1.01%
🤝 Other funds also bought this month
Hindustan Aeronautics Limited 74 funds
Hindustan Aeronautics Limited
Axis Nifty India Defence Index Fund
Invesco India PSU Equity Fund
Motilal Oswal BSE Quality Index Fund + more
Cipla Limited 59 funds
Cipla Limited
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund
Mirae Asset Nifty 500 Healthcare ETF
HDFC Pharma and Healthcare Fund - Growth Option - Direct Plan + more
Hindustan Petroleum Corporation Limited 55 funds
Hindustan Petroleum Corporation Limited
ICICI Prudential Commodities Fund - Direct Plan - Growth Option
Motilal Oswal BSE Enhanced Value Index Fund
ICICI Prudential MidCap Fund - Direct Plan - Growth + more
Hindustan Zinc Limited 51 funds
Hindustan Zinc Limited
Motilal Oswal Manufacturing Fund - Direct Plan- Growth
Mirae Asset BSE 500 Dividend Leaders 50 ETF
HDFC Nifty100 Quality 30 Index Fund (An open ended scheme replicating/tracking Nifty100 Quality 30 Index (TRI)) + more
OnEMI Technology Solutions Limited 32 funds
OnEMI Technology Solutions Limited
quant BFSI Fund - Growth Option - Direct Plan
Groww Banking & Financial Services Fund - Direct Plan - Growth
WhiteOak Capital Banking & Financial Services Fund - Direct Growth + more
Craftsman Automation Limited 26 funds
Craftsman Automation Limited
Invesco India Contra Fund
Invesco India Midcap Fund - Direct Plan - Growth Option
HDFC Manufacturing Fund + more
👋 Other funds also exited
Vedanta Limited 84 funds
Vedanta Limited
SBI Quant Fund- Direct Plan- Growth
Baroda BNP Paribas Manufacturing Fund - Direct Plan - Growth Option
DSP BSE SENSEX Next 30 ETF + more
IndusInd Bank Limited 25 funds
IndusInd Bank Limited
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth
UTI BSE Sensex Index Fund - Direct Plan - Growth Option
ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - Growth + more
The Ramco Cements Limited 10 funds
The Ramco Cements Limited
JM ELSS Tax Saver Fund (Direct) - Growth Option
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND - Direct Plan Growth
ICICI Prudential Multicap Fund - Direct Plan - Growth + more

What Changed in the Portfolio This Month?

Comparing Mar 2026 → May 2026

Mar 2026 May 2026
🟢 9 New Entries 🔴 3 Exits ↑ 31 Increased ↓ 22 Decreased
#StockSectorWeight (May 2026)
1
Hindustan Aeronautics Limited
₹15.06 Cr
Aerospace & Defense 1.87%
2
Hindustan Zinc Limited
₹12.84 Cr
Non - Ferrous Metals 1.59%
3
Cipla Limited
₹8.41 Cr
Pharmaceuticals & Biotechnology 1.04%
4
Fujiyama Power Systems Limited
₹5.26 Cr
Electrical Equipment 0.65%
5
Craftsman Automation Limited
₹5.18 Cr
Auto Components 0.64%
6
Kajaria Ceramics Limited
₹4.94 Cr
Consumer Durables 0.61%
7
Hindustan Petroleum Corporation Limited
₹3.94 Cr
Petroleum Products 0.49%
8
Dhanuka Agritech Limited
₹1.82 Cr
Fertilizers & Agrochemicals 0.23%
9
OnEMI Technology Solutions Limited
₹78.55 L
N.A. 0.10%
#StockSectorLast Weight (Mar 2026)
1
Vedanta Limited
₹26.85 Cr
Diversified Metals 3.72%
2
The Ramco Cements Limited
₹13.34 Cr
Cement & Cement Products 1.85%
3
IndusInd Bank Limited
₹3.01 Cr
Banks 0.42%
#StockSectorMar 2026May 2026Change
1
REC Limited
₹19.92 Cr
Finance 1.44% 2.47% +1.03%
2
Jana Small Finance Bank Ltd
₹27.27 Cr
Banks 2.75% 3.39% +0.64%
3
Aptus Value Housing Finance India Limited
₹12.78 Cr
Finance 1.00% 1.59% +0.59%
4
Tata Motors Passenger Vehicles Limited
₹11.03 Cr
Automobiles 0.82% 1.37% +0.55%
5
Arvind Limited
₹17.04 Cr
Textiles & Apparels 1.69% 2.12% +0.43%
6
Hindalco Industries Limited
₹18.38 Cr
Non - Ferrous Metals 1.88% 2.28% +0.40%
7
Kalpataru Projects International Limited
₹9.25 Cr
Construction 0.75% 1.15% +0.40%
8
Petronet LNG Limited
₹7.17 Cr
Gas 0.50% 0.89% +0.39%
9
Finolex Cables Limited
₹9.18 Cr
Industrial Products 0.76% 1.14% +0.38%
10
Motilal Oswal Financial Services Limited
₹13.89 Cr
Capital Markets 1.38% 1.72% +0.34%
#StockSectorMar 2026May 2026Change
1
Tata Consultancy Services Limited
₹8.13 Cr
IT - Software 2.08% 1.01% -1.07%
2
Swiggy Limited
₹4.64 Cr
Retailing 1.58% 0.58% -1.00%
3
Larsen & Toubro Limited
₹22.67 Cr
Construction 3.67% 2.82% -0.85%
4
Hero MotoCorp Limited
₹20.10 Cr
Automobiles 3.26% 2.50% -0.76%
5
Canara Bank
₹21.58 Cr
Banks 3.42% 2.68% -0.74%
6
Credit Analysis And Research Ltd.
₹6.86 Cr
Capital Markets 1.44% 0.85% -0.59%
7
Infosys Limited
₹22.64 Cr
IT - Software 3.38% 2.81% -0.57%
8
Bharti Airtel Limited
₹21.95 Cr
Telecom - Services 3.26% 2.73% -0.53%
9
Dr. Reddy's Laboratories Limited
₹27.89 Cr
Pharmaceuticals & Biotechnology 3.90% 3.46% -0.44%
10
Power Grid Corporation of India Limited
₹13.07 Cr
Power 2.05% 1.62% -0.43%

What Stocks Does This Fund Hold?

62 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹34.43 Cr
Cigarettes & Tobacco Products
4.28%
2
₹33.09 Cr
Finance
4.11%
3
₹27.89 Cr
Pharmaceuticals & Biotechnology
3.46%
4
₹27.27 Cr
Banks
3.39%
5
₹26.74 Cr
Leisure Services
3.32%
6
₹24.57 Cr
Banks
3.05%
7
₹22.67 Cr
Construction
2.82%
8
₹22.64 Cr
IT - Software
2.81%
9
₹21.95 Cr
Telecom - Services
2.73%
10
₹21.58 Cr
Banks
2.68%
🏆 Top stocks held by Value/Contra funds
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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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