JM Aggressive Hybrid Fund
The fund maintains an aggressive equity tilt while preserving defensive ballast through sovereign bonds and cash. The manager trimmed fixed income positions and rotated out of commodity and financial stress plays, signaling conviction in select quality names—strategic additions of JSW Steel, Kotak, and Asian Paints suggest a pivot toward consumer and infrastructure resilience. Concentration remains moderate with top-10 holdings near 30%, balancing sector diversification across banking, IT, and industrials.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹114.6604 | -0.68% | -2.67% | +16.06% | +13.94% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| JSW Steel Limited | 1.80% |
| Kotak Mahindra Bank Limited | 1.37% |
| Asian Paints Limited | 0.98% |
| LTIMindtree Ltd | 0.85% |
| Marico Limited | 0.76% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 6.48% GOI 06-Oct-2035 IN0020250091 | 3.47% |
| 2 | Multi Commodity Exchange of India Ltd. INE745G01043 | 3.46% |
| 3 | Net Receivable/Payable nan | 3.34% |
| 4 | Bharti Airtel Limited INE397D01024 | 3.33% |
| 5 | Bajaj Finance Limited INE296A01032 | 3.14% |
| 6 | HDFC Bank Limited INE040A01034 | 3.14% |
| 7 | NTPC Limited INE733E01010 | 2.93% |
| 8 | Reliance Industries Limited INE002A01018 | 2.71% |
| 9 | One 97 Communications Limited INE982J01020 | 2.45% |
| 10 | Tech Mahindra Limited INE669C01036 | 2.37% |
| 11 | Larsen & Toubro Limited INE018A01030 | 2.29% |
| 12 | Ujjivan Small Finance Bank Limited INE551W01018 | 2.12% |
| 13 | Eternal Limited INE758T01015 | 2.11% |
| 14 | Apollo Hospitals Enterprise Limited INE437A01024 | 2.03% |
| 15 | Maruti Suzuki India Limited INE585B01010 | 1.99% |
| 16 | Coforge Limited INE591G01025 | 1.98% |
| 17 | Canara Bank INE476A01022 | 1.98% |
| 18 | 6.01% GOI 21-Jul-2030 IN0020250067 | 1.92% |
| 19 | JSW Steel Limited INE019A01038 | 1.80% |
| 20 | ICICI Bank Limited INE090A01021 | 1.80% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does JM Aggressive Hybrid Fund hold?
JM Aggressive Hybrid Fund holds 72 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 16.53% of NAV.
What is the largest holding in JM Aggressive Hybrid Fund?
The largest position in JM Aggressive Hybrid Fund is 6.48% GOI 06-Oct-2035, accounting for 3.47% of NAV in the SOVEREIGN sector.
Is JM Aggressive Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.363, JM Aggressive Hybrid Fund is well-diversified. The HHI concentration index is 17,986 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 16.53% of the portfolio.
What is the market cap allocation of JM Aggressive Hybrid Fund?
Based on SEBI's AMFI classification, JM Aggressive Hybrid Fund's equity portfolio is split as: Large Cap: 46.70%, Mid Cap: 13.17%, Small Cap: 10.18%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does JM Aggressive Hybrid Fund invest in most?
JM Aggressive Hybrid Fund has the highest allocation to Banks (12.18%), SOVEREIGN (8.12%), Automobiles (5.23%). The fund is invested across 39 sectors in total.
How actively managed is JM Aggressive Hybrid Fund compared to other Aggressive Hybrid Fund funds?
JM Aggressive Hybrid Fund has an Active Share of 70.28%, classifying it as "Highly Differentiated" among 28 Aggressive Hybrid Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in JM Aggressive Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, JM Aggressive Hybrid Fund added 5 new stocks (including JSW Steel Limited) and exited 7 stocks (including Vedanta Limited). Total holding count decreased from 76 to 74 stocks.