JM Basic Growth Fund

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JM Basic Growth Fund is an open ended equity. The primary objective of the Scheme will be to provide capital appreciation to its Unit holders through judicious deployment of the corpus of the Scheme in sectors categorized under “basic industry” in the normal parlance and in context of the Indian economy, including but not limited to, energy, petrochemicals, oil & gas, power generation & distribution and electrical equipment suppliers, metals and building material. The scheme had an NAV of INR 10.69 on 1st June, 2012 and then the NAV rose to INR 4th January, 2013 at INR 14.68. The fund is managed by Asit Bhandarkar.

AUM :

INR 186.66 crores (31/03/13)

NAV :

INR 13.2794 (26/04/13)

Top Holdings :

Tata Motors            8.79
Larsen & Toubro     8.32
HDFC                      7.30
ICICI Bank             6.64
HDFC Bank         4.73