- Manager
- JM Financial
- Service
- Discretionary
- Asset class
- Equity
Apex
+15.30%
1-year return
Benchmark BSE500(TRI) −2.33% · to 30 Sep 2026
JM Financial’s Apex returned 15.30% over the year to 30 Sep 2026, against −2.33% for its benchmark, the BSE500(TRI). It managed ₹654 crore across its clients.
Key numbers
- AUM
- ₹654 Cr
- Benchmark
- BSE500(TRI)
- Turnover, past year
- 1.96×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | BSE500(TRI) | Difference |
|---|---|---|---|
| 1 month | −1.99% | −5.57% | +3.58% |
| 3 months | +3.30% | −3.59% | +6.89% |
| 6 months | +27.79% | +8.07% | +19.72% |
| 1 year | +15.30% | −2.33% | +17.63% |
| 2 years | +2.97% | −3.93% | +6.90% |
| 3 years | +15.83% | +9.20% | +6.63% |
| Since inception | +18.41% | +12.06% | +6.35% |
Time-weighted returns (TWRR) as the managers report them to SEBI, after fees and expenses; periods over a year are annualised. Reported for 30 Sep 2026.
Portfolio mix
- Listed equity95.19%₹623 Cr
- Cash and other4.36%₹28.56 Cr
- Mutual funds0.33%₹2.14 Cr
- Derivatives0.12%₹0.77 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹18.73 Cr
- Outflow, Sep 2026
- ₹1.07 Cr
- Net, Sep 2026
- ₹17.66 Cr
- Net, FY to date
- ₹13.91 Cr
- Turnover, month
- 0.21×
- Turnover, past year
- 1.96×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Apex returned?
15.30% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −1.99%; 3 months: 3.30%; 6 months: 27.79%; 1 year: 15.30%; 2 years: 2.97%; 3 years: 15.83%; Since inception: 18.41%.
How has it done against its benchmark?
Its benchmark, the BSE500(TRI), returned −2.33% over the year, so the strategy was 17.63 percentage points ahead.
How much does Apex manage?
₹654 crore at 30 Sep 2026, as reported to SEBI.
What is the minimum investment in a PMS?
SEBI sets the minimum at ₹50 lakh per client, in cash or securities. A manager can ask for more.
Who manages Apex?
JM Financial, a SEBI-registered portfolio manager (INP000008455), runs it as a discretionary service.
How are PMS returns reported?
Portfolio managers report each strategy’s time-weighted return (TWRR) to SEBI every month, after fees and expenses, beside the benchmark they chose. Periods over a year are annualised.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. PMS investments carry higher minimums and risks; read the disclosure document.
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