JM Focused Fund

JM Financial Mutual FundEquityPortfolio as of 30 April 2026

JM Focused Fund holds 30 instruments (97.99% equity), led by Ujjivan Small Finance Bank Limited (5.7%), Larsen & Toubro Limited (5.24%) and Amber Enterprises India Limited (5.18%), as of its 30 April 2026 SEBI-mandated monthly disclosure.

Holdings
30
Equity Allocation
97.99%
AMC
JM Financial Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of JM Focused Fund, managed by JM Financial Mutual Fund, based on its monthly portfolio disclosure dated 30 April 2026. The fund holds 30 instruments with an equity allocation of 97.99%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

JM Focused Fund's top 10 holdings account for 45.83% of its portfolio, more concentrated than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 26.88% of net assets, spread across 10 sectors in total. Since its 31 March 2026 disclosure, the fund added 2 new positions and exited 2 positions, with Bharti Airtel Limited seeing the largest move (-1.94pp to 2.02%).

Top 10 Equity Holdings

What Changed: March 2026 → April 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

2 new entries2 exits9 increased9 reduced

Biggest Weight Increases

StockWeightChange
Premier Energies Limited2.34% → 3.64%▲ +1.3
Bajaj Finance Limited3.55% → 4.67%▲ +1.12
Adani Ports and Special Economic Zone Limited3.02% → 3.79%▲ +0.77
Gravita India Limited1.97% → 2.65%▲ +0.68
Hindustan Aeronautics Limited2.47% → 2.95%▲ +0.48
Amber Enterprises India Limited4.78% → 5.18%▲ +0.4
Onesource Specialty Pharma Limited3.91% → 4.08%▲ +0.17
JSW Energy Limited2.99% → 3.15%▲ +0.16
Nippon Life India Asset Management Limited2.83% → 2.98%▲ +0.15

Biggest Weight Reductions

StockWeightChange
Bharti Airtel Limited3.96% → 2.02%▼ -1.94
HDFC Bank Limited4.55% → 2.76%▼ -1.79
Titan Company Limited5.2% → 4.08%▼ -1.12
IDFC First Bank Limited4.28% → 3.98%▼ -0.3
Max Healthcare Institute Limited3.44% → 3.14%▼ -0.3
ETERNAL LIMITED4.25% → 4.06%▼ -0.19
Eicher Motors Limited4.12% → 3.94%▼ -0.18
ITC Limited4.88% → 4.73%▼ -0.15
Linde India Limited2.88% → 2.73%▼ -0.15

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 4 monthly disclosures (Jan – Apr 2026).

Jan: 6.45%, Feb: 5.68%, Mar: 5.72%, Apr: 5.7%
5.7%
Jan: 5.33%, Feb: 5.76%, Mar: 5.17%, Apr: 5.24%
5.24%
Jan: 3.83%, Feb: 5.03%, Mar: 4.78%, Apr: 5.18%
5.18%
Jan: –, Feb: 4.6%, Mar: 4.88%, Apr: 4.73%
4.73%
Jan: 3.58%, Feb: 3.81%, Mar: 3.55%, Apr: 4.67%
4.67%

Full Portfolio (30 holdings)

#HoldingSector% to NAV
1Ujjivan Small Finance Bank LimitedFinancial Services5.7%
2Larsen & Toubro LimitedIndustrials5.24%
3Amber Enterprises India LimitedConsumer Discretionary5.18%
4ITC LimitedConsumer Staples4.73%
5Bajaj Finance LimitedFinancial Services4.67%
6One 97 Communications LimitedFinancial Services4.11%
7Onesource Specialty Pharma LimitedHealthcare4.08%
8Titan Company LimitedConsumer Discretionary4.08%
9ETERNAL LIMITEDConsumer Discretionary4.06%
10IDFC First Bank LimitedFinancial Services3.98%
11Eicher Motors LimitedConsumer Discretionary3.94%
12Adani Ports and Special Economic Zone LimitedServices3.79%
13Premier Energies LimitedIndustrials3.64%
14Tata Steel LimitedMaterials3.33%
15JSW Energy LimitedUtilities3.15%
16Max Healthcare Institute LimitedHealthcare3.14%
17MphasiS LimitedInformation Technology3.13%
18Trent LimitedConsumer Discretionary3.04%
19Nippon Life India Asset Management LimitedFinancial Services2.98%
20Hindustan Aeronautics LimitedIndustrials2.95%
21HDFC Bank LimitedFinancial Services2.76%
22Linde India LimitedMaterials2.73%
23Shriram Finance LimitedFinancial Services2.68%
24Gravita India LimitedMaterials2.65%
25Coforge LimitedInformation Technology2.55%
26Bharti Airtel LimitedTelecommunication2.02%
27Maruti Suzuki India LimitedConsumer Discretionary1.9%
28InterGlobe Aviation LimitedServices1.78%
29CCILother1.05%
30Net Receivable/Payableother0.92%

Frequently Asked Questions

Yes. As of its 30 April 2026 disclosure, Ujjivan Small Finance Bank Limited is 5.7% of JM Focused Fund's net assets — its number 1 holding.
Yes. As of its 30 April 2026 disclosure, Larsen & Toubro Limited is 5.24% of JM Focused Fund's net assets — its number 2 holding.
Yes. As of its 30 April 2026 disclosure, Amber Enterprises India Limited is 5.18% of JM Focused Fund's net assets — its number 3 holding.
Yes. As of its 30 April 2026 disclosure, ITC Limited is 4.73% of JM Focused Fund's net assets — its number 4 holding.
Yes. As of its 30 April 2026 disclosure, Bajaj Finance Limited is 4.67% of JM Focused Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: JM Financial Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 April 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.