JM Midcap Fund Direct - Growth

Q: What are the returns of JM Midcap Fund?

The JM Midcap Fund is a 2 yrs 7 m old fund and has delivered average annual returns of 30.49% since inception. JM Midcap Fund Returns 1-Year Since Inception 6.73% 30.49%

Q: How much does JM Midcap Fund charge as the expense ratio?

The JM Midcap Fund - Direct Growth has an expense ratio of 0.45% , which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹19.7228+0.41% 1 day change	30.49% p.a.	#NA View Ranked Funds	₹1,261 Crs

Historical NAV & returns

NAV: ₹19.7228 as on Jun 05, 2025

This fund Category average

JM Midcap Fund overview

Expense ratio	0.45% as on May 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 180 days.!
AUM (Fund size)	₹1,261 Crs
Lock-in	No Lockin
Age	2 yrs 7 m since Oct 31, 2022
Benchmark	NIFTY Midcap 150 TRI
Min. investment	This scheme is currently not buyable
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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

JM Midcap 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 Jun 01, 2025

Period	This fund	Category average
1 Month	7.15%	8.31%
3 Months	12.97%	14.98%
6 Months	-3.92%	-2.76%
1 Year	6.73%	11.1%
2 Years	33.45%	29.38%

View returns in detail

Asset allocationas on Mar 31, 2025

Large Cap 5.381717%

Mid Cap 67.649043%

Small Cap 22.568799%

Other Cap 0.009558999999991307%

Top holdings

Bharat Heavy Electricals Ltd.4.46%

The Federal Bank Ltd.4.01%

Indian Bank3.8%

Godfrey Phillips India Ltd.3.67%

Top sectors

Financial 19.38%

Healthcare 18.450000000000003%

Capital Goods 12.78%

Services 11.55%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Net Receivables 2.75027454%

Repo 1.65984199%

Other Holdings

Others 2.75%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
JM Midcap Fund	N.A.	₹1,261 Crs	2 yrs 7 m	0.45%
Motilal Oswal Midcap Fund	N.A.	₹27,780 Crs	11 yrs 4 m	0.7%
Nippon India Growth Fund	N.A.	₹34,690 Crs	12 yrs 5 m	0.72%
HDFC Mid-Cap Opportunities Fund	N.A.	₹72,610 Crs	12 yrs 5 m	0.77%
Kotak Emerging Equity Fund	N.A.	₹48,129 Crs	12 yrs 5 m	0.42%
Edelweiss Mid Cap Fund	N.A.	₹8,634 Crs	12 yrs 5 m	0.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
JM Midcap Fund	7.15%	-3.92%	6.73%	N.A.	N.A.	N.A.
Motilal Oswal Midcap Fund	5.9%	-10.15%	16.82%	33.96%	38.35%	19.3%
Nippon India Growth Fund	8.28%	-1.78%	13.8%	29.71%	34.33%	19.06%
HDFC Mid-Cap Opportunities Fund	7.56%	-1.12%	12.62%	30.77%	33.86%	18.96%
Kotak Emerging Equity Fund	9.63%	-3.0%	12.93%	26.1%	32.17%	19.62%
Edelweiss Mid Cap Fund	8.26%	-2.21%	18.78%	30.74%	35.55%	19.76%

Fund name	Std. deviation	Beta	Sharpe	Sortino
JM Midcap Fund	N.A.	N.A.	N.A.	N.A.
Motilal Oswal Midcap Fund	18.22	0.89	1.33	1.63
Nippon India Growth Fund	16.22	0.93	1.28	1.91
HDFC Mid-Cap Opportunities Fund	15.11	0.87	1.41	2.09
Kotak Emerging Equity Fund	16.24	0.91	1.07	1.4
Edelweiss Mid Cap Fund	16.65	0.95	1.26	1.69

View all Mid Cap funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare JM Midcap Fund in detail with

About this fund

About JM Midcap Fund

JM Midcap Fund Direct - Growth is a Mid Cap mutual fund scheme from Jm Financial Mutual Fund. This fund has been in existence for 2 yrs 7 m, having been launched on 31/10/2022. JM Midcap Fund Direct - Growth has ₹1,261 Crores worth of assets under management (AUM) as on 31/03/2025 and is small fund of its category. The latest Net Asset Value (NAV) of JM Midcap Fund Direct - Growth as of 05/06/2025 is ₹19.72. The fund has an expense ratio of 0.45%, which is less than what most other Mid Cap funds charge.

JM Midcap Fund Direct - Growth returns of last 1-year are 9.70%. Since launch, it has delivered 30.66% average annual returns. The fund has doubled the money invested in it every 3 yrs.
The fund has the majority of its money invested in Financial, Healthcare, Capital Goods, Services, Consumer Staples sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Bharat Heavy Electricals Ltd., The Federal Bank Ltd., Indian Bank, Godfrey Phillips India Ltd., Jubilant FoodWorks Ltd..

...

Fund AUM	₹1,261 Crs as on Mar 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 seeks to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the investment objective of the Scheme will be realized.

JM Financial Mutual Fund details

No. of schemes	15 view all schemes
Total AUM	₹13,831 Crs as on Mar 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 (in Crs.)	1Y	5Y
JM Value Fund	N.A.	₹988 Crs	4.58%	29.63%
JM Flexicap Fund	N.A.	₹5,263 Crs	3.12%	28.15%
JM ELSS Tax Saver Fund	N.A.	₹184 Crs	7.43%	26.57%
JM Focused Fund	N.A.	₹247 Crs	3.18%	22.07%
JM Large Cap Fund	N.A.	₹491 Crs	1.48%	19.51%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of JM Midcap Fund?

The current Net Asset Value (NAV) of the JM Midcap Fund - Direct Growth plan is approximately ₹19.7228 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The JM Midcap Fund is a 2 yrs 7 m old fund and has delivered average annual returns of 30.49% since inception.

JM Midcap Fund Returns

1-Year	Since Inception
6.73%	30.49%

How much does this mutual fund charge as expense ratio?

The JM Midcap Fund - Direct Growth has an expense ratio of 0.45%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The JM Midcap Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,261 Crs crore as of Mar 31, 2025.

What are the top stock holdings of JM Midcap Fund?

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

Company	Percentage of Portfolio
Bharat Heavy Electricals Ltd.	4.46%
The Federal Bank Ltd.	4.01%
Indian Bank	3.8%
Godfrey Phillips India Ltd.	3.67%
Jubilant FoodWorks Ltd.	3.62%
Mphasis Ltd.	3.13%
Voltas Ltd.	2.98%
Aurobindo Pharma Ltd.	2.85%
SBI Cards And Payment Services Ltd.	2.83%
Apollo Hospitals Enterprise Ltd.	2.81%

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

The JM Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	19.38%
Healthcare	18.450000000000003%
Capital Goods	12.78%
Services	11.55%
Consumer Staples	6.199999999999999%
Technology	4.62%
Materials	4.32%
Consumer Discretionary	3.62%
Chemicals	3.4299999999999997%
Metals & Mining	2.61%

What is risk level of JM Midcap Fund?

This is a Mid 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 Midcap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 Midcap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in JM Midcap Fund is complete.

How can I redeem my investments in JM Midcap Fund?

Redeeming your investments in JM Midcap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 2 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 180 days.