JM Flexicap Fund Direct Plan-Growth

Q: What are the returns of this mutual fund scheme?

The JM Flexicap Fund Direct Plan-Growth is a 12 yrs 9 m old fund and has delivered average annual returns of 17.81% since inception. JM Flexicap Fund Direct Plan-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception -1.18% 24.27% 27.21% 18.09% 17.81%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹113.6778+0.15% 1 day change	17.81% p.a.	App exclusive #NA View Ranked Funds	₹5,990 Cr

Historical NAV & returns

NAV: ₹113.6778 as on Oct 20, 2025

This fund Category average

JM Flexicap Fund overview

Expense ratio	0.54% as on Sep 30, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
AUM (Fund size)	₹5,990 Cr
Lock-in Period	Nil
Age	12 yrs 9 m since Jan 01, 2013
Benchmark	BSE 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

JM Flexicap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	1.35%	2.51%
3 Months	3.5%	3.47%
6 Months	6.48%	10.21%
1 Year	-1.18%	6.48%
2 Years	23.54%	21.3%
3 Years	24.27%	18.58%
4 Years	19.06%	13.87%
5 Years	27.21%	21.97%
7 Years	21.17%	18.22%
10 Years	18.09%	15.3%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 44.03%

Mid Cap 29.3%

Small Cap 25.64%

Other Cap 0%

Top holdings

ICICI Bank Ltd.4.95%

Godfrey Phillips India Ltd.4.44%

HDFC Bank Ltd.3.74%

Tech Mahindra Ltd.3.37%

Top sectors

Financial 24.520000000000003%

Services 19.349999999999998%

Capital Goods 8.13%

Technology 8.0%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.11%

Allocation by Instruments

Net Receivables 0.92375903%

CBLO 0.10573959%

Other Holdings

Others 0.92%

Detailed portfolio analysis

Key risk & return ratios Compared to other funds in the category

Alpha	6.9 vs. 4.61 Higher outperformance against benchmark
Sharpe	1.13 vs. 4.61 Poor risk-adjusted returns
Beta	1.02 vs. 0.85 More sensitive to market's ups & downs
Standard deviation	14.77 vs. 9.78 More volatile performance

Compare JM Flexicap Fund in detail with

About this fund

About JM Flexicap Fund

JM Flexicap Fund Direct Plan-Growth is a Flexi Cap mutual fund scheme from Jm Financial Mutual Fund. This fund has been in existence for 12 yrs 9 m, having been launched on 01/01/2013. JM Flexicap Fund Direct Plan-Growth has ₹5,990 Crores worth of assets under management (AUM) as on 30/09/2025 and is small fund of its category. The latest Net Asset Value (NAV) of JM Flexicap Fund Direct Plan-Growth as of 20/10/2025 is ₹113.68. The fund has an expense ratio of 0.54%, which is close to what most other Flexi Cap funds charge.

JM Flexicap Fund Direct Plan-Growth returns of last 1-year are -5.26%. Since launch, it has delivered 17.85% average annual returns. The fund has doubled the money invested in it every 4 yrs.
JM Flexicap Fund Direct Plan-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Financial, Services, Capital Goods, Technology, Automobile sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in ICICI Bank Ltd., Godfrey Phillips India Ltd., HDFC Bank Ltd., Tech Mahindra Ltd., One97 Communications Ltd..

...

Fund AUM	5,990 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Satish Ramanathan

Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA. Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.

Chaitanya Choksi

Mr. Choksi is a MMS (Finance) and CFA. Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.

Asit Bhandarkar

Mr. Bhandarkar is a B.Com (H) and MMS. Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.

Ruchi Fozdar

Ms. Ruchi is a graduate in science and PGDBM in finance Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund

Investment objective

The scheme which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market depending upon valuation discount or premium amongst Large / Mid & Small cap stocks, the fund will keep varying the weights to capture the value while keeping an optimum Risk / Return profile.

JM Financial Mutual Fund details

No. of schemes	16 view all schemes
Total AUM	14,902 Cr as on Sep 30, 2025
Address	Office B-8th Floor-Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai, 400025
Phone	022-33797777 / 1800-103-8345

More funds from JM Financial Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
JM Value Fund	N.A.	1,001 Cr	-1.2%	26.72%
JM ELSS Tax Saver Fund	N.A.	213 Cr	4.38%	24.2%
JM Focused Fund	N.A.	292 Cr	4.8%	22.23%
JM Large Cap Fund	N.A.	485 Cr	2.31%	18.37%
JM Midcap Fund	N.A.	1,426 Cr	4.94%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of JM Flexicap Fund Direct Plan-Growth?

The current Net Asset Value (NAV) of the JM Flexicap Fund - Direct Growth plan is approximately ₹113.6778 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The JM Flexicap Fund Direct Plan-Growth is a 12 yrs 9 m old fund and has delivered average annual returns of 17.81% since inception.

JM Flexicap Fund Direct Plan-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-1.18%	24.27%	27.21%	18.09%	17.81%

How much does this mutual fund charge as expense ratio?

The JM Flexicap Fund - Direct Growth has an expense ratio of 0.54%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The JM Flexicap Fund currently has assets under management (AUM) or fund size valued at approximately 5,990 Cr as on Sep 30, 2025.

What are the top stock holdings of JM Flexicap Fund?

The JM Flexicap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
ICICI Bank Ltd.	4.95%
Godfrey Phillips India Ltd.	4.44%
HDFC Bank Ltd.	3.74%
Tech Mahindra Ltd.	3.37%
One97 Communications Ltd.	3.1%
Larsen & Toubro Ltd.	3.05%
Bharti Airtel Ltd.	2.95%
Maruti Suzuki India Ltd.	2.68%
State Bank of India	2.56%
Eternal Ltd.	2.43%

What are the top sectors JM Flexicap Fund has invested in?

The JM Flexicap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	24.520000000000003%
Services	19.349999999999998%
Capital Goods	8.13%
Technology	8.0%
Automobile	7.289999999999999%
Consumer Staples	6.800000000000001%
Healthcare	5.84%
Energy	4.46%
Construction	3.73%
Consumer Discretionary	3.65%

What is risk level of JM Flexicap Fund?

This is a Flexi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in JM Flexicap Fund Direct Plan-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for JM Flexicap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the JM Flexicap Fund is complete.

How can I redeem my investments in JM Flexicap Fund?

Redeeming your investments in the JM Flexicap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Flexi Cap

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Flexi Cap funds in the last 10 Years.
Chance: This fund has generated a 13.58% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Age: This is the oldest Flexi Cap fund.
Exit Load: Exit load of 1%, if redeemed within 30 days.