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Fund Overview

Fund Size

Fund Size

₹825 Cr

Expense Ratio

Expense Ratio

0.32%

ISIN

ISIN

INF192K01MV6

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

21 Nov 2022

About this fund

JM Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 1 years, 4 months and 29 days, having been launched on 21-Nov-22.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹16.66, Assets Under Management (AUM) of 825.47 Crores, and an expense ratio of 0.32%.
  • JM Midcap Fund Direct Growth has given a CAGR return of 43.72% since inception.
  • The fund's asset allocation comprises around 98.48% in equities, 0.00% in debts, and 1.52% in cash & cash equivalents.
  • You can start investing in JM Midcap Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+64.24%

+49.58%(Cat. Avg.)

Since Inception

+43.72%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity812.96 Cr98.48%
Others12.51 Cr1.52%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cummins India LtdEquity29.79 Cr3.61%
Bank of MaharashtraEquity26.5 Cr3.21%
Bharat Forge LtdEquity26.11 Cr3.16%
Bharat Heavy Electricals LtdEquity25.55 Cr3.09%
Schaeffler India LtdEquity22.59 Cr2.74%
REC LtdEquity22.55 Cr2.73%
Glenmark Pharmaceuticals LtdEquity22.33 Cr2.71%
Voltas LtdEquity21.98 Cr2.66%
Hitachi Energy India Ltd Ordinary SharesEquity21.78 Cr2.64%
Ipca Laboratories LtdEquity21.35 Cr2.59%
Thermax LtdEquity20.48 Cr2.48%
Max Healthcare Institute Ltd Ordinary SharesEquity19.92 Cr2.41%
CG Power & Industrial Solutions LtdEquity19.74 Cr2.39%
Arvind LtdEquity19.7 Cr2.39%
Timken India LtdEquity19.45 Cr2.36%
Aurobindo Pharma LtdEquity19.33 Cr2.34%
Max Financial Services LtdEquity19.04 Cr2.31%
Sona BLW Precision Forgings LtdEquity17.65 Cr2.14%
Amber Enterprises India Ltd Ordinary SharesEquity17.15 Cr2.08%
Thomas Cook India LtdEquity17.06 Cr2.07%
Sterling and Wilson Renewable Energy LtdEquity16.82 Cr2.04%
Hero MotoCorp LtdEquity16.53 Cr2.00%
Coforge LtdEquity16.23 Cr1.97%
Ahluwalia Contracts (India) LtdEquity15.93 Cr1.93%
JSW Energy LtdEquity15.87 Cr1.92%
Biocon LtdEquity15.19 Cr1.84%
Sun TV Network LtdEquity15.16 Cr1.84%
PB Fintech LtdEquity14.66 Cr1.78%
Godrej Properties LtdEquity14.44 Cr1.75%
Treps-Triparty RepoCash - Repurchase Agreement13.8 Cr1.67%
Zomato LtdEquity13.57 Cr1.64%
Tata Technologies LtdEquity13.27 Cr1.61%
Suzlon Energy LtdEquity12.93 Cr1.57%
HEG LtdEquity12.72 Cr1.54%
Jyothy Labs LtdEquity12.66 Cr1.53%
Sundaram Fasteners LtdEquity12.55 Cr1.52%
Delhivery LtdEquity12.34 Cr1.50%
Hindustan Petroleum Corp LtdEquity12.32 Cr1.49%
Fortis Healthcare LtdEquity12.29 Cr1.49%
Poonawalla Fincorp LtdEquity12.27 Cr1.49%
Housing & Urban Development Corp LtdEquity11.4 Cr1.38%
Blue Star LtdEquity10.84 Cr1.31%
Dalmia Bharat LtdEquity9.9 Cr1.20%
Phoenix Mills LtdEquity9.89 Cr1.20%
Escorts Kubota LtdEquity9.4 Cr1.14%
Orchid Pharma LtdEquity9.34 Cr1.13%
Linde India LtdEquity8.97 Cr1.09%
Tata Chemicals LtdEquity8.65 Cr1.05%
Indian BankEquity8.59 Cr1.04%
Birlasoft LtdEquity7.77 Cr0.94%
Mukand LtdEquity7.68 Cr0.93%
Sumitomo Chemical India Ltd Ordinary SharesEquity7.14 Cr0.86%
Exicom Tele-Systems LtdEquity5.56 Cr0.67%
Net Current AssetsCash-1.28 Cr0.16%

Allocation By Market Cap (Equity)

Large Cap Stocks

5.25%

Mid Cap Stocks

66.37%

Small Cap Stocks

26.18%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials216.72 Cr26.25%
Consumer Cyclical162.91 Cr19.74%
Healthcare119.75 Cr14.51%
Financial Services115.02 Cr13.93%
Technology75.88 Cr9.19%
Basic Materials42.35 Cr5.13%
Real Estate24.33 Cr2.95%
Utilities15.87 Cr1.92%
Communication Services15.16 Cr1.84%
Consumer Defensive12.66 Cr1.53%
Energy12.32 Cr1.49%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

13.99%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

1.21

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.42

Higher the better

Fund Managers

SR

Satish Ramanathan

Since November 2022

GW

Gurvinder Wasan

Since December 2022

CC

Chaitanya Choksi

Since November 2022

Additional Scheme Detailsas of 31st March 2024

ISININF192K01MV6Expense Ratio0.32%Exit Load1.00%Fund Size₹825 CrAge21 Nov 2022Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Midcap 150 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Midcap Fund Regular Growth

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2.2%1.0%₹1101.93 Cr45.5%
Bandhan Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1101.93 Cr47.9%
Motilal Oswal Midcap Fund Regular Growth

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1.7%1.0%₹8986.69 Cr59.7%
HDFC NIFTY Midcap 150 ETF

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0.2%-₹15.15 Cr-
HDFC S&P BSE 500 ETF

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0.3%-₹8.12 Cr36.8%
Mirae Asset Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹14251.70 Cr47.9%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹14251.70 Cr49.5%
Axis Midcap Fund Regular Growth

Very High Risk

1.6%1.0%₹25536.68 Cr39.8%
Mahindra Manulife Mid Cap Fund Direct Growth

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0.5%1.0%₹2201.78 Cr62.3%
Mahindra Manulife Mid Cap Fund Regular Growth

Very High Risk

2.0%1.0%₹2201.78 Cr59.9%

About the AMC

Total AUM

₹5,841 Cr

Address

502, 5th Floor, A - Wing, Mumbai, 400 051

Other Funds by JM Financial Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
JM Fixed Maturity Fund Series 28 Plan B Direct Growth

Moderate Risk

-0.0%--
JM Fixed Maturity Fund Series 28 Plan A Direct Growth

Moderate Risk

-0.0%--
JM Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹126.72 Cr8.1%
JM Equity Hybrid Fund Direct Growth

Very High Risk

0.3%1.0%₹222.76 Cr52.3%
JM Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹88.96 Cr51.6%
JM Value Fund Direct Growth

Very High Risk

0.8%1.0%₹580.51 Cr62.0%
JM Low Duration Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹236.45 Cr7.3%
JM Large Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹118.71 Cr44.1%
JM Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1590.44 Cr7.3%
JM Dynamic Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹40.39 Cr6.2%
JM Medium to Long Duration Fund Direct Growth

Moderate Risk

0.5%0.0%₹22.32 Cr6.6%
JM Flexicap Fund Direct Growth

Very High Risk

0.2%1.0%₹1773.87 Cr60.7%
JM Tax Gain Fund Direct Growth

Very High Risk

0.9%0.0%₹127.83 Cr47.3%
JM Midcap Fund Direct Growth

Very High Risk

0.3%1.0%₹825.47 Cr64.2%
JM Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹314.94 Cr6.8%
JM Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹127.66 Cr6.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of JM Midcap Fund Direct Growth, as of 18-Apr-2024, is ₹16.66.
The fund's allocation of assets is distributed as 98.48% in equities, 0.00% in bonds, and 1.52% in cash and cash equivalents.
The fund managers responsible for JM Midcap Fund Direct Growth are:-
  1. Satish Ramanathan
  2. Gurvinder Wasan
  3. Chaitanya Choksi