Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹720 Cr
Expense Ratio
0.59%
ISIN
INF192K01NH3
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
18 Jun 2024
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹10.18, Assets Under Management (AUM) of 720.48 Crores, and an expense ratio of 0.59%.
- JM Small Cap Fund Direct Growth has given a CAGR return of 1.78% since inception.
- The fund's asset allocation comprises around 97.74% in equities, 0.00% in debts, and 2.26% 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.
1 Year
+1.78%
+3.72% (Cat Avg.)
Since Inception
+1.78%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹704.17 Cr | 97.74% |
| Others | ₹16.31 Cr | 2.26% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Godfrey Phillips India Ltd | Equity | ₹42.54 Cr | 5.90% |
| Garware Hi-Tech Films Ltd | Equity | ₹39.48 Cr | 5.48% |
| Engineers India Ltd | Equity | ₹22.95 Cr | 3.19% |
| Jana Small Finance Bank Ltd | Equity | ₹22.37 Cr | 3.11% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹22.22 Cr | 3.08% |
| Motilal Oswal Financial Services Ltd | Equity | ₹20.94 Cr | 2.91% |
| Power Mech Projects Ltd | Equity | ₹20.75 Cr | 2.88% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹20.67 Cr | 2.87% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹20.65 Cr | 2.87% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹19.55 Cr | 2.71% |
| ICRA Ltd | Equity | ₹19.03 Cr | 2.64% |
| Camlin Fine Sciences Ltd | Equity | ₹18.61 Cr | 2.58% |
| OneSource Specialty Pharma Ltd | Equity | ₹17.38 Cr | 2.41% |
| Navin Fluorine International Ltd | Equity | ₹17.04 Cr | 2.37% |
| Acutaas Chemicals Ltd | Equity | ₹16.47 Cr | 2.29% |
| Firstsource Solutions Ltd | Equity | ₹15.66 Cr | 2.17% |
| Sundaram Finance Ltd | Equity | ₹15 Cr | 2.08% |
| TD Power Systems Ltd | Equity | ₹14.46 Cr | 2.01% |
| Allied Blenders and Distillers Ltd | Equity | ₹14.25 Cr | 1.98% |
| Avalon Technologies Ltd | Equity | ₹13.93 Cr | 1.93% |
| Kalpataru Projects International Ltd | Equity | ₹13.77 Cr | 1.91% |
| Titagarh Rail Systems Ltd | Equity | ₹13.27 Cr | 1.84% |
| Dhanuka Agritech Ltd | Equity | ₹13.15 Cr | 1.83% |
| Newgen Software Technologies Ltd | Equity | ₹13 Cr | 1.80% |
| Multi Commodity Exchange of India Ltd | Equity | ₹11.88 Cr | 1.65% |
| Neuland Laboratories Ltd | Equity | ₹11.12 Cr | 1.54% |
| PG Electroplast Ltd | Equity | ₹10.96 Cr | 1.52% |
| Bayer CropScience Ltd | Equity | ₹10.7 Cr | 1.49% |
| Ccil | Cash - Repurchase Agreement | ₹10.46 Cr | 1.45% |
| RailTel Corporation of India Ltd | Equity | ₹10.36 Cr | 1.44% |
| Oracle Financial Services Software Ltd | Equity | ₹10.15 Cr | 1.41% |
| Thangamayil Jewellery Ltd | Equity | ₹9.75 Cr | 1.35% |
| Patel Engineering Ltd | Equity | ₹9.72 Cr | 1.35% |
| Birlasoft Ltd | Equity | ₹9.64 Cr | 1.34% |
| Ventive Hospitality Ltd | Equity | ₹9.45 Cr | 1.31% |
| Suraksha Diagnostic Ltd | Equity | ₹9.21 Cr | 1.28% |
| Strides Pharma Science Ltd | Equity | ₹8.96 Cr | 1.24% |
| Venus Pipes & Tubes Ltd | Equity | ₹8.87 Cr | 1.23% |
| Zuari Industries Ltd | Equity | ₹8.37 Cr | 1.16% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹8.26 Cr | 1.15% |
| Five-Star Business Finance Ltd | Equity | ₹7.91 Cr | 1.10% |
| Deepak Fertilisers & Petrochemicals Corp Ltd | Equity | ₹7.57 Cr | 1.05% |
| Century Plyboards (India) Ltd | Equity | ₹7.52 Cr | 1.04% |
| Akums Drugs and Pharmaceuticals Ltd | Equity | ₹7.43 Cr | 1.03% |
| Carraro India Ltd | Equity | ₹7.26 Cr | 1.01% |
| Indo Count Industries Ltd | Equity | ₹7.2 Cr | 1.00% |
| Hi-Tech Pipes Ltd | Equity | ₹7.16 Cr | 0.99% |
| Kirloskar Brothers Ltd | Equity | ₹6.64 Cr | 0.92% |
| Shyam Metalics and Energy Ltd | Equity | ₹6.32 Cr | 0.88% |
| Optiemus Infracom Ltd | Equity | ₹6.09 Cr | 0.85% |
| Net Receivable/Payable | Cash - Collateral | ₹5.85 Cr | 0.81% |
| Sarda Energy & Minerals Ltd | Equity | ₹5.68 Cr | 0.79% |
| Bharat Bijlee Ltd | Equity | ₹5.65 Cr | 0.78% |
| Rategain Travel Technologies Ltd | Equity | ₹3.7 Cr | 0.51% |
| Shaily Engineering Plastics Ltd | Equity | ₹2.53 Cr | 0.35% |
| Schloss Bangalore Ltd | Equity | ₹0.82 Cr | 0.11% |
| Global Health Ltd | Equity | ₹0.12 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
--
Mid Cap Stocks
6.40%
Small Cap Stocks
88.81%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Basic Materials | ₹161.11 Cr | 22.36% |
| Financial Services | ₹126.05 Cr | 17.50% |
| Industrials | ₹115.58 Cr | 16.04% |
| Technology | ₹103.8 Cr | 14.41% |
| Consumer Cyclical | ₹76.24 Cr | 10.58% |
| Consumer Defensive | ₹56.79 Cr | 7.88% |
| Healthcare | ₹54.22 Cr | 7.53% |
| Communication Services | ₹10.36 Cr | 1.44% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
17.23%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.95
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.58
Higher the better
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 31st May 2025
ISIN | INF192K01NH3 | Expense Ratio | 0.59% | Exit Load | 1.00% | Fund Size | ₹720 Cr | Age | 1 year | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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 | 2.0% | 1.0% | ₹1580.47 Cr | - |
| Mirae Asset Small Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1580.47 Cr | - |
| TrustMF Small Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹970.00 Cr | - |
| TrustMF Small Cap Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹970.00 Cr | - |
| JM Small Cap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹720.48 Cr | 0.0% |
| JM Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹720.48 Cr | 1.8% |
| Motilal Oswal Nifty Smallcap 250 ETF Very High Risk | 0.3% | - | ₹100.05 Cr | 0.7% |
| Motilal Oswal Small Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹4927.18 Cr | 15.5% |
| Motilal Oswal Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹4927.18 Cr | 17.1% |
| Quantum Small Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹132.10 Cr | 8.7% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of JM Small Cap Fund Direct Growth?
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Who manages the JM Small Cap Fund Direct Growth?
- Satish Ramanathan
- Asit Bhandarkar
- Ruchi Fozdar
- Deepak Gupta
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