About JM Value Fund
JM Value Fund is a value fund managed by JM Financial Mutual Fund. Follow a value strategy, buying stocks the fund manager believes trade below their fair worth.
JM Value Fund is an open-ended diversified equity scheme which aims to provide long term capital growth by investing primarily in a well-diversified portfolio of undervalued securities. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
The scheme's stated objective, as published by JM Financial Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹109.2223 | 120486 |
| Direct | IDCW Option | ₹74.4174 | 120485 |
| Regular | Growth Option | ₹95.7465 | 100254 |
| Regular | IDCW Option | ₹66.8586 | 106168 |
Frequently asked questions
What is the NAV of JM Value Fund today?
The NAV of JM Value Fund (Direct plan, Growth) is ₹109.2223 and the Regular plan NAV is ₹95.7465, as of 13 Nov 2026.
What returns has JM Value Fund given?
Over the last year the Direct plan returned -0.37%, and 11.05% a year over 3 years and 13.19% a year over 5 years. That places it 17 of 20 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of JM Value Fund?
The Direct plan charges 1.59% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in JM Value Fund?
You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹1,000 or more.
How much has JM Value Fund fallen in the past?
Its deepest fall was 37.9% from 12 Feb 2020 to 23 Mar 2020. Of every one-year stretch in its history, 72% ended in a gain.
Which category does JM Value Fund belong to?
It is a Value Fund from JM Financial Mutual Fund. Follow a value strategy, buying stocks the fund manager believes trade below their fair worth.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from JM Value Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.