SBI Focused Fund vs JM Financial Multi Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
18.13%
3Y Return
20.86%
Humare paas do fund hain, SBI Focused Fund aur JM Financial Multi Cap Fund. Dono fund Multi Cap categori mein hain, lekin inka performance aur riskometer alag alag hai. Is article mein hum dekhege ki kis fund mein long-term wealth creation ki sambhavana adhik hai aur kya characteristics inka performance aur riskometer ko adhik achha banate hain.
| Parameter | ASBI Focused Fund - Direct Plan - Growth | BJM Financial Multi Cap Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | SBI Mutual Fund | JM Financial |
| Category | Multi Cap | Multi Cap |
| NAV (₹) | 432.21 | 19.01 |
| AUM (₹ Cr) | 4.60 Lac Cr | 1.63 Lac Cr |
| Expense Ratio (%) | 1.47% | 1.68% |
| Riskometer | Very High | Very High |
| Volatility | 13.25 | 14.35 |
| Sharpe Ratio | 0.88 | 1 |
| 1 Year Return (%) | 12.11% | 5.23% |
| 3 Year Return (%) | 18.13% | 20.86% |
| 5 Year Return (%) | 15.02% | 0% |
| Since Launch (%) | 15.63% | 21.47% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 2 January 2013 | 3 February 2023 |
| Exit Load | Nil | Nil |
| Fund Manager | Pradeep Kesavan; Rama Iyer Srinivasan (17.0 years yrs) | Asit Bhandarkar (3.5 years yrs) |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI | Nifty 500 Multicap 50:25:25 TRI |
| Top 3 Holdings | Alphabet Inc Class A (11.14%), State Bank of India (6.96%), ICICI Bank Ltd. (6.59%) | HDFC Bank Ltd. (6.5%), ICICI Bank Ltd. (5.8%), Reliance Industries Ltd. (4.9%) |
| Asset Allocation | Equity: 76.29% | Forgn. Eq: 14.88% | Debenture: 0.74% | T-Bills: 0.16% | Equity: 97.00% | T-Bills: 3.00% |
| Portfolio Turnover | 45% | 44% |
🤖 AI Verdict – Which is Better?
Sach ye hai ki log 5Y return check karte hain, lekin hum 3Y return par focus kar rahe hain. SBI Focused Fund ka 3Y return 18.13% hai, jabki JM Financial Multi Cap Fund ka 3Y return 20.86% hai. Lekin expense ratio ka dhyan dena bhi zaroori hai. SBI Focused Fund ka expense ratio 1.47% hai, jabki JM Financial Multi Cap Fund ka expense ratio 1.68% hai. Isliye, hum kahaenge ki SBI Focused Fund kiya hai better fund, lekin kuchh logon ko JM Financial Multi Cap Fund ki 3Y return ke aadhar par investment karna pasand aayega.
Why consider SBI Focused Fund?
- Expense ratio: 1.47%
- 3Y return: 18.13%
- AUM: 4.60 Lac Cr
- Sharpe Ratio: 0.88
Why consider JM Financial Multi Cap Fund?
- Expense ratio: 1.68%
- 3Y return: 20.86%
- AUM: 1.63 Lac Cr
- Sharpe Ratio: 1
📈 SIP Suitability
SIP suitabilty ke liye hum monthly SIP ke liye 10+ saal ki performance dekhte hain. SBI Focused Fund ka 1Y return 12.11% hai, jabki JM Financial Multi Cap Fund ka 1Y return 5.23% hai. Lekin 3Y return ka dhyan dena bhi zaroori hai. SBI Focused Fund ka 3Y return 18.13% hai, jabki JM Financial Multi Cap Fund ka 3Y return 20.86% hai. Isliye, hum kahaenge ki SBI Focused Fund monthly SIP ke liye better fund hai, lekin kuchh logon ko JM Financial Multi Cap Fund ki consistency ke aadhar par investment karna pasand aayega.
⚠️ Risk & Cost Analysis
Riskometer aur volatility ka dhyan dena bhi zaroori hai. SBI Focused Fund ka Riskometer Very High hai, jabki JM Financial Multi Cap Fund ka Riskometer bhi Very High hai. Lekin volatility ka dhyan dena bhi zaroori hai. SBI Focused Fund ka volatility 13.25% hai, jabki JM Financial Multi Cap Fund ka volatility 14.35% hai. Sharpe ratio ka bhi dhyan dena zaroori hai. SBI Focused Fund ka Sharpe ratio 0.88 hai, jabki JM Financial Multi Cap Fund ka Sharpe ratio 1 hai. Isliye, hum kahaenge ki SBI Focused Fund risk-adjusted returns ke liye better fund hai.
📊 Portfolio Diversification
Asset allocation aur top holdings concentration ka dhyan dena bhi zaroori hai. SBI Focused Fund ka asset allocation Equity: 76.29%, Foreign Equity: 14.88%, Debenture: 0.74%, aur T-Bills: 0.16% hai. Lekin JM Financial Multi Cap Fund ka asset allocation Equity: 97.00%, aur T-Bills: 3.00% hai. Top holdings concentration ke liye bhi dhyan dena zaroori hai. SBI Focused Fund ka top 3 holdings Alphabet Inc Class A (11.14%), State Bank of India (6.96%), aur ICICI Bank Ltd. (6.59%) hai. Isliye, hum kahaenge ki SBI Focused Fund portfolio diversification ke liye better fund hai.
Q1: Which fund gives better returns in the long run?
SBI Focused Fund ka 5Y return 15.02% hai, jabki JM Financial Multi Cap Fund ka 5Y return 0% hai. Isliye, SBI Focused Fund long-term wealth creation ke liye better fund hai.
Q2: Is the higher risk fund worth it?
SBI Focused Fund ka volatility 13.25% hai, jabki JM Financial Multi Cap Fund ka volatility 14.35% hai. Lekin Sharpe ratio ka dhyan dena bhi zaroori hai. SBI Focused Fund ka Sharpe ratio 0.88 hai, jabki JM Financial Multi Cap Fund ka Sharpe ratio 1 hai. Isliye, SBI Focused Fund risk-adjusted returns ke liye better fund hai.
Q3: Which fund is more cost-effective?
SBI Focused Fund ka expense ratio 1.47% hai, jabki JM Financial Multi Cap Fund ka expense ratio 1.68% hai. Isliye, SBI Focused Fund cost-effective fund hai.
SIP Calculator – Compare Growth Potential
SBI Focused Fund
₹1695258.29
@18.1% annual return (3Y)
JM Financial Multi Cap Fund
₹2021967.48
@20.9% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price