JM Small Cap Fund Direct Growth

Fund Overview

Fund Size

₹631 Cr

Expense Ratio

0.62%

ISIN

INF192K01NH3

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

18 Jun 2024

About this fund

This fund has been in existence for 11 months and 22 days, having been launched on 18-Jun-24.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹10.18, Assets Under Management (AUM) of 631.10 Crores, and an expense ratio of 0.62%.

JM Small Cap Fund Direct Growth has given a CAGR return of 1.80% since inception.
The fund's asset allocation comprises around 97.47% in equities, 0.00% in debts, and 2.53% in cash & cash equivalents.
You can start investing in JM Small Cap 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.

Since Inception

+1.80%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2025

Equity	₹615.1 Cr	97.47%
Others	₹15.99 Cr	2.53%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Godfrey Phillips India Ltd	Equity	₹39.68 Cr	6.29%
Navin Fluorine International Ltd	Equity	₹23.51 Cr	3.73%
Jana Small Finance Bank Ltd	Equity	₹22.95 Cr	3.64%
Sundaram Finance Ltd	Equity	₹19.56 Cr	3.10%
Restaurant Brands Asia Ltd Ordinary Shares	Equity	₹19.48 Cr	3.09%
Garware Hi-Tech Films Ltd	Equity	₹19.46 Cr	3.08%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹18.82 Cr	2.98%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹17.99 Cr	2.85%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹17.69 Cr	2.80%
Power Mech Projects Ltd	Equity	₹16.71 Cr	2.65%
Neuland Laboratories Ltd	Equity	₹16.39 Cr	2.60%
Ami Organics Ltd	Equity	₹15.83 Cr	2.51%
Ccil	Cash - Repurchase Agreement	₹15.02 Cr	2.38%
OneSource Specialty Pharma Ltd	Equity	₹14.38 Cr	2.28%
Avalon Technologies Ltd	Equity	₹13.95 Cr	2.21%
Motilal Oswal Financial Services Ltd	Equity	₹13.71 Cr	2.17%
PG Electroplast Ltd	Equity	₹13.68 Cr	2.17%
Equitas Small Finance Bank Ltd Ordinary Shares	Equity	₹13.05 Cr	2.07%
Blue Star Ltd	Equity	₹12.71 Cr	2.01%
Camlin Fine Sciences Ltd	Equity	₹11.89 Cr	1.88%
Kalpataru Projects International Ltd	Equity	₹11.75 Cr	1.86%
ICRA Ltd	Equity	₹11.7 Cr	1.85%
Firstsource Solutions Ltd	Equity	₹11.64 Cr	1.84%
Engineers India Ltd	Equity	₹11.61 Cr	1.84%
Bayer CropScience Ltd	Equity	₹11.59 Cr	1.84%
Thangamayil Jewellery Ltd	Equity	₹10.6 Cr	1.68%
Newgen Software Technologies Ltd	Equity	₹10.36 Cr	1.64%
Patel Engineering Ltd	Equity	₹9.88 Cr	1.56%
Allied Blenders and Distillers Ltd	Equity	₹9.84 Cr	1.56%
Global Health Ltd	Equity	₹9.17 Cr	1.45%
Rategain Travel Technologies Ltd	Equity	₹8.84 Cr	1.40%
Ventive Hospitality Ltd	Equity	₹8.76 Cr	1.39%
Aadhar Housing Finance Ltd	Equity	₹8.62 Cr	1.37%
Five-Star Business Finance Ltd	Equity	₹8.58 Cr	1.36%
Zuari Industries Ltd	Equity	₹8.15 Cr	1.29%
Birlasoft Ltd	Equity	₹7.83 Cr	1.24%
Kirloskar Brothers Ltd	Equity	₹7.77 Cr	1.23%
Dhanuka Agritech Ltd	Equity	₹7.75 Cr	1.23%
Strides Pharma Science Ltd	Equity	₹7.7 Cr	1.22%
Suraksha Diagnostic Ltd	Equity	₹7.68 Cr	1.22%
Deepak Fertilisers & Petrochemicals Corp Ltd	Equity	₹7.68 Cr	1.22%
Akums Drugs and Pharmaceuticals Ltd	Equity	₹7.58 Cr	1.20%
Indo Count Industries Ltd	Equity	₹7.52 Cr	1.19%
Mrs Bectors Food Specialities Ltd Ordinary Shares	Equity	₹7.3 Cr	1.16%
Century Plyboards (India) Ltd	Equity	₹6.98 Cr	1.11%
Shyam Metalics and Energy Ltd	Equity	₹6.46 Cr	1.02%
Bharat Bijlee Ltd	Equity	₹6.42 Cr	1.02%
Carraro India Ltd	Equity	₹5.95 Cr	0.94%
Sarda Energy & Minerals Ltd	Equity	₹5.88 Cr	0.93%
Time Technoplast Ltd	Equity	₹5.74 Cr	0.91%
Optiemus Infracom Ltd	Equity	₹5.16 Cr	0.82%
Hi-Tech Pipes Ltd	Equity	₹4.97 Cr	0.79%
Orchid Pharma Ltd	Equity	₹3.64 Cr	0.58%
BLS International Services Ltd	Equity	₹2.57 Cr	0.41%
Net Receivable/Payable	Cash	₹0.97 Cr	0.15%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Basic Materials	₹122 Cr	19.33%
Financial Services	₹115.85 Cr	18.36%
Technology	₹90.29 Cr	14.31%
Industrials	₹87.58 Cr	13.88%
Consumer Cyclical	₹76.04 Cr	12.05%
Healthcare	₹66.53 Cr	10.54%
Consumer Defensive	₹56.82 Cr	9.00%

Risk & Performance Ratios

Fund Managers

Satish Ramanathan

Since October 2024

Asit Bhandarkar

Since June 2024

Ruchi Fozdar

Since October 2024

Deepak Gupta

Since April 2025

Additional Scheme Detailsas of 30th April 2025

ISIN

INF192K01NH3

Expense Ratio

0.62%

Exit Load

1.00%

Fund Size

₹631 Cr

Age

11 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Smallcap 250 TR INR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Small-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mirae Asset Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1385.75 Cr	-
Mirae Asset Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹1385.75 Cr	-
TrustMF Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹850.50 Cr	-
TrustMF Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹850.50 Cr	-
JM Small Cap Fund Regular Growth Very High Risk	2.3%	1.0%	₹631.10 Cr	-
JM Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹631.10 Cr	-
Motilal Oswal Nifty Smallcap 250 ETF Very High Risk	0.3%	-	₹91.57 Cr	9.7%
Motilal Oswal Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4331.97 Cr	23.8%
Motilal Oswal Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4331.97 Cr	25.6%
Quantum Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹114.99 Cr	15.5%
Quantum Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹114.99 Cr	13.8%
Baroda BNP Paribas Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1214.68 Cr	6.8%
Baroda BNP Paribas Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹1214.68 Cr	5.4%
Sundaram Emerging Small Cap - Series VI Regular Growth Low Risk	1.3%	0.0%	₹45.47 Cr	7.2%
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Emerging Small Cap - Series VII Regular Growth Low Risk	1.4%	0.0%	₹159.75 Cr	10.9%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Emerging Small Cap - Series V Regular Growth Low Risk	1.3%	0.0%	₹83.88 Cr	6.9%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	1.2%	0.0%	₹33.85 Cr	8.4%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Growth Very High Risk	1.4%	0.0%	₹33.85 Cr	8.1%
Union Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1468.36 Cr	8.2%
Union Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹1468.36 Cr	9.5%
HDFC Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹30880.43 Cr	10.8%
Kotak Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹15867.49 Cr	8.2%
ICICI Prudential Smallcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹7604.59 Cr	6.3%
Nippon India Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹58028.59 Cr	8.1%
Nippon India Small Cap Fund Regular Growth Very High Risk	1.4%	1.0%	₹58028.59 Cr	7.2%
Invesco India Smallcap Fund Direct Growth Very High Risk	0.4%	1.0%	₹6199.69 Cr	19.0%
Invesco India Smallcap Fund Regular Growth Very High Risk	1.8%	1.0%	₹6199.69 Cr	17.4%
ICICI Prudential Smallcap Fund Regular Growth Very High Risk	1.8%	1.0%	₹7604.59 Cr	5.2%
ITI Small Cap Fund Regular Growth Very High Risk	2.0%	0.0%	₹2293.79 Cr	12.2%
ITI Small Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹2293.79 Cr	13.9%
Mahindra Manulife Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹3570.02 Cr	6.3%
Mahindra Manulife Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹3570.02 Cr	7.9%
Canara Robeco Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹12369.98 Cr	7.5%
Canara Robeco Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹12369.98 Cr	8.8%
Aditya Birla Sun Life Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4531.40 Cr	7.9%
DSP Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹14258.03 Cr	17.1%
UTI Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4529.01 Cr	16.2%
UTI Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹4529.01 Cr	17.6%
Tata Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹9417.80 Cr	10.8%
Aditya Birla Sun Life Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹4531.40 Cr	8.9%
Tata Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹9417.80 Cr	12.3%
Sundaram Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3058.33 Cr	12.0%
Edelweiss Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4237.19 Cr	11.3%
Edelweiss Small Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹4237.19 Cr	9.7%
LIC MF Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹517.66 Cr	7.5%
LIC MF Small Cap Fund Regular Growth Very High Risk	2.4%	1.0%	₹517.66 Cr	6.2%
SBI Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹31790.25 Cr	4.3%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
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What is the current NAV of JM Small Cap Fund Direct Growth?

The NAV of JM Small Cap Fund Direct Growth, as of 06-Jun-2025, is ₹10.18.

What is the portfolio composition of JM Small Cap Fund Direct Growth?

The fund's allocation of assets is distributed as 97.47% in equities, 0.00% in bonds, and 2.53% in cash and cash equivalents.

Who manages the JM Small Cap Fund Direct Growth?

The fund managers responsible for JM Small Cap Fund Direct Growth are:-

Satish Ramanathan
Asit Bhandarkar
Ruchi Fozdar
Deepak Gupta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹631 Cr

Expense Ratio

0.62%

ISIN

INF192K01NH3

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

18 Jun 2024

Risk Level

Your principal amount will be at Very High Risk