JM Flexicap Fund

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

The JM Flexicap Fund is a 17 yrs 6 m old fund and has delivered average annual returns of 13.67% since inception. JM Flexicap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception -4.42% 19.05% 16.98% 17.12% 13.67%

Q: How much does this mutual fund charge as expense ratio?

The JM Flexicap Fund has an expense ratio of 1.84% , 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.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹91.6832-1.66% 1 day change	13.67% p.a.	App exclusive #NA View Ranked Funds	₹5,463 Cr

Historical NAV & returns

NAV: ₹91.6832 as on Feb 02, 2026

This fund Category average

JM Flexicap Fund overview

AUM (Fund size)	₹5,463 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
Lock-in Period	Nil
Age	17 yrs 6 m since Jul 31, 2008
Benchmark	BSE 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.84% as on Feb 02, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-5.7%	-7.25%
3 Months	-7.75%	-7.38%
6 Months	-4.29%	-4.32%
1 Year	-4.42%	1.89%
2 Years	5.11%	6.18%
3 Years	19.05%	14.37%
4 Years	14.97%	9.87%
5 Years	16.98%	12.45%
7 Years	17.81%	13.0%
10 Years	17.12%	12.7%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 54.94%

Mid Cap 21.71%

Small Cap 21.52%

Other Cap 0%

Top holdings

Reliance Industries Ltd.4.31%

Larsen & Toubro Ltd.4.29%

Bharti Airtel Ltd.4.21%

Godfrey Phillips India Ltd.4.02%

Top sectors

Financial 24.890000000000004%

Services 15.370000000000001%

Technology 9.12%

Healthcare 8.75%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.89%

Allocation by Instruments

Net Receivables 0.92280906%

CBLO 0.89386787%

Other Holdings

Others 0.92%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
JM Flexicap Fund	-5.7%	-4.29%	-4.42%	19.05%	16.98%	17.12%
HDFC Flexi Cap Fund	-3.19%	3.23%	11.78%	21.17%	20.75%	18.04%
Parag Parikh Flexi Cap Fund	-2.34%	1.27%	5.9%	19.36%	18.07%	18.03%
Franklin India Flexi Cap Fund	-4.64%	-1.15%	5.12%	17.55%	15.83%	14.67%
Edelweiss Flexi Cap Fund	-4.49%	2.5%	8.78%	18.25%	15.81%	15.71%

Fund name	Std. deviation	Beta	Sharpe	Sortino
JM Flexicap Fund	14.77	1.03	0.89	1.23
HDFC Flexi Cap Fund	10.29	0.77	1.37	2.3
Parag Parikh Flexi Cap Fund	8.28	0.59	1.59	2.46
Franklin India Flexi Cap Fund	12.11	0.92	0.95	1.38
Edelweiss Flexi Cap Fund	13.03	0.98	0.97	1.28

Fund name	ETM Rank	AUM	Fund age	Expense ratio
JM Flexicap Fund	N.A.	5,463 Cr	17 yrs 6 m	1.84%
HDFC Flexi Cap Fund	N.A.	96,295 Cr	31 yrs 1 m	1.33%
Parag Parikh Flexi Cap Fund	N.A.	1,33,309 Cr	12 yrs 8 m	1.28%
Franklin India Flexi Cap Fund	N.A.	19,972 Cr	31 yrs 4 m	1.7%
Edelweiss Flexi Cap Fund	N.A.	3,127 Cr	11 yrs	1.89%

View all Flexi Cap funds

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

Alpha	2.83 vs. 3.93 Underperformed at beating benchmark
Sharpe	0.89 vs. 3.98 Poor risk-adjusted returns
Beta	1.03 vs. 0.82 More sensitive to market's ups & downs
Standard deviation	14.77 vs. 9.68 More volatile performance

Compare JM Flexicap Fund in detail with

About this fund

About JM Flexicap Fund

JM Flexicap Fund is a Flexi Cap mutual fund scheme from Jm Financial Mutual Fund. This fund has been in existence for 17 yrs 6 m, having been launched on 31/07/2008. JM Flexicap Fund has ₹5,463 Crores worth of assets under management (AUM) as on 31/12/2025 and is small fund of its category. The latest Net Asset Value (NAV) of JM Flexicap Fund as of 02/02/2026 is ₹91.68. The fund has an expense ratio of 1.84%, which is higher than what most other Flexi Cap funds charge.

JM Flexicap Fund returns of last 1-year are -4.83%. Since launch, it has delivered 13.60% average annual returns. The fund has doubled the money invested in it every 4 yrs.
JM Flexicap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Services, Technology, Healthcare, 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 Reliance Industries Ltd., Larsen & Toubro Ltd., Bharti Airtel Ltd., Godfrey Phillips India Ltd., Tech Mahindra Ltd..

...

Fund AUM	5,463 Cr as on Dec 31, 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	14,344 Cr as on Dec 31, 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.	957 Cr	-2.69%	16.79%
JM ELSS Tax Saver Fund	N.A.	226 Cr	1.92%	15.13%
JM Focused Fund	N.A.	299 Cr	-0.9%	12.71%
JM Large Cap Fund	N.A.	464 Cr	3.82%	12.66%
JM Midcap Fund	N.A.	1,178 Cr	0.8%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of JM Flexicap Fund?

The current Net Asset Value (NAV) of the JM Flexicap Fund plan is approximately ₹91.6832 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The JM Flexicap Fund is a 17 yrs 6 m old fund and has delivered average annual returns of 13.67% since inception.

JM Flexicap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-4.42%	19.05%	16.98%	17.12%	13.67%

How much does this mutual fund charge as expense ratio?

The JM Flexicap Fund has an expense ratio of 1.84%, 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 5,463 Cr as on Dec 31, 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
Reliance Industries Ltd.	4.31%
Larsen & Toubro Ltd.	4.29%
Bharti Airtel Ltd.	4.21%
Godfrey Phillips India Ltd.	4.02%
Tech Mahindra Ltd.	3.77%
HDFC Bank Ltd.	3.27%
State Bank of India	3.24%
Infosys Ltd.	3.03%
One97 Communications Ltd.	2.98%
Dr. Reddy's Laboratories Ltd.	2.73%

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	24.890000000000004%
Services	15.370000000000001%
Technology	9.12%
Healthcare	8.75%
Automobile	6.77%
Energy	5.31%
Consumer Staples	5.14%
Construction	4.45%
Communication	4.21%
Consumer Discretionary	3.05%

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 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 10.88% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 30 days.