JM Large Cap Fund Direct Plan-Growth

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

The JM Large Cap Fund Direct Plan-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 12.74% since inception. JM Large Cap Fund Direct Plan-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 5.49% 15.38% 13.95% 13.24% 12.74%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹175.205-1.09% 1 day change	12.74% p.a.	App exclusive #NA View Ranked Funds	₹464 Cr

Historical NAV & returns

NAV: ₹175.205 as on Feb 02, 2026

This fund Category average

JM Large Cap Fund overview

Expense ratio	0.88% as on Feb 02, 2026
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
AUM (Fund size)	₹464 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	BSE 100 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
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 Large Cap 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	-5.26%	-4.34%
3 Months	-3.66%	-3.25%
6 Months	1.77%	0.54%
1 Year	5.49%	7.85%
2 Years	5.91%	9.66%
3 Years	15.38%	15.42%
4 Years	12.41%	11.58%
5 Years	13.95%	13.14%
7 Years	14.19%	13.7%
10 Years	13.24%	13.59%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 84.68%

Mid Cap 11.06%

Small Cap 3.35%

Other Cap 0%

Top holdings

HDFC Bank Ltd.9.02%

Reliance Industries Ltd.6.26%

Bharti Airtel Ltd.4.41%

ICICI Bank Ltd.4.12%

Top sectors

Financial 30.270000000000003%

Services 10.0%

Capital Goods 8.51%

Healthcare 8.32%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.85%

Allocation by Instruments

CBLO 0.84994635%

Net Receivables 0.05362698%

Other Holdings

Others 0.05%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
JM Large Cap Fund	-5.26%	1.77%	5.49%	15.38%	13.95%	13.24%
ICICI Prudential Large Cap Fund	-4.52%	1.97%	10.29%	17.83%	16.13%	16.31%
Nippon India Large Cap Fund	-4.22%	0.96%	9.55%	19.0%	18.5%	16.65%
Canara Robeco Large Cap Fund	-4.15%	0.26%	7.1%	15.69%	13.54%	16.32%
Edelweiss Large Cap Fund	-4.15%	2.53%	8.13%	16.06%	14.31%	15.35%
Baroda BNP Paribas Large Cap Fund	-3.92%	0.92%	7.14%	16.45%	14.19%	15.07%

Fund name	Std. deviation	Beta	Sharpe	Sortino
JM Large Cap Fund	13.15	1.04	0.75	1.18
ICICI Prudential Large Cap Fund	11.13	0.91	1.03	1.63
Nippon India Large Cap Fund	11.48	0.93	1.11	1.7
Canara Robeco Large Cap Fund	11.04	0.92	0.91	1.37
Edelweiss Large Cap Fund	11.59	0.96	0.89	1.27
Baroda BNP Paribas Large Cap Fund	11.96	0.97	0.88	1.26

Fund name	ETM Rank	AUM	Fund age	Expense ratio
JM Large Cap Fund	N.A.	464 Cr	13 yrs 1 m	0.88%
ICICI Prudential Large Cap Fund	N.A.	78,502 Cr	13 yrs 1 m	0.85%
Nippon India Large Cap Fund	N.A.	50,876 Cr	13 yrs 1 m	0.66%
Canara Robeco Large Cap Fund	N.A.	17,493 Cr	13 yrs 1 m	0.5%
Edelweiss Large Cap Fund	N.A.	1,456 Cr	13 yrs 1 m	0.59%
Baroda BNP Paribas Large Cap Fund	N.A.	2,702 Cr	13 yrs 1 m	0.82%

View all Large Cap funds

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

Alpha	0.52 vs. 4.75 Underperformed at beating benchmark
Sharpe	0.75 vs. 4.84 Poor risk-adjusted returns
Beta	1.04 vs. 0.97 More sensitive to market's ups & downs
Standard deviation	13.15 vs. 10.0 More volatile performance

About this fund

About JM Large Cap Fund

JM Large Cap Fund Direct Plan-Growth is a Large Cap mutual fund scheme from Jm Financial Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. JM Large Cap Fund Direct Plan-Growth has ₹464 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 Large Cap Fund Direct Plan-Growth as of 02/02/2026 is ₹175.21. The fund has an expense ratio of 0.88%, which is close to what most other Large Cap funds charge.

JM Large Cap Fund Direct Plan-Growth returns of last 1-year are 5.55%. Since launch, it has delivered 12.74% average annual returns. The fund has doubled the money invested in it every 6 yrs.
JM Large Cap Fund Direct Plan-Growth 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, Capital Goods, 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 HDFC Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., ICICI Bank Ltd., Larsen & Toubro Ltd..

...

Fund AUM	464 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

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.

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 seeks long term capital growth and appreciation through investment primarily in equities.

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 Flexicap Fund	N.A.	5,463 Cr	-3.21%	18.26%
JM Value Fund	N.A.	957 Cr	-1.45%	17.88%
JM ELSS Tax Saver Fund	N.A.	226 Cr	3.25%	16.34%
JM Focused Fund	N.A.	299 Cr	0.73%	14.06%
JM Midcap Fund	N.A.	1,178 Cr	2.38%	N.A.

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the JM Large Cap Fund - Direct Growth plan is approximately ₹175.205 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The JM Large Cap Fund Direct Plan-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 12.74% since inception.

JM Large Cap Fund Direct Plan-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
5.49%	15.38%	13.95%	13.24%	12.74%

How much does this mutual fund charge as expense ratio?

The JM Large Cap Fund - Direct Growth has an expense ratio of 0.88%, 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 Large Cap Fund currently has assets under management (AUM) or fund size valued at approximately 464 Cr as on Dec 31, 2025.

What are the top stock holdings of JM Large Cap Fund?

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

Company	Percentage of Portfolio
HDFC Bank Ltd.	9.02%
Reliance Industries Ltd.	6.26%
Bharti Airtel Ltd.	4.41%
ICICI Bank Ltd.	4.12%
Larsen & Toubro Ltd.	3.86%
State Bank of India	3.49%
Infosys Ltd.	3.42%
Bajaj Finance Ltd.	3.19%
Shriram Finance Ltd	2.71%
Maruti Suzuki India Ltd.	2.6%

What are the top sectors JM Large Cap Fund has invested in?

The JM Large Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	30.270000000000003%
Services	10.0%
Capital Goods	8.51%
Healthcare	8.32%
Automobile	7.859999999999999%
Technology	7.74%
Energy	6.26%
Construction	5.06%
Communication	4.41%
Metals & Mining	3.1100000000000003%

What is risk level of JM Large Cap Fund?

This is a Large 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 Large Cap 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 Large Cap 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 Large Cap Fund is complete.

How can I redeem my investments in JM Large Cap Fund?

Redeeming your investments in the JM Large Cap 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.