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

The JM Small Cap Fund Direct - Growth is a 1 yrs 4 m old fund and has delivered average annual returns of 3.21% since inception. JM Small Cap Fund Direct - Growth Returns 1-Year Since Inception 2.62% 3.21%

Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the JM Small Cap Fund - Direct Growth plan is approximately ₹10.3739 as of Oct 20, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The JM Small Cap Fund Direct - Growth is a 1 yrs 4 m old fund and has delivered average annual returns of 3.21% since inception.

JM Small Cap Fund Direct - Growth Returns

1-Year	Since Inception
2.62%	3.21%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The JM Small Cap Fund - Direct Growth has an expense ratio of 0.6%, 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.

Question 4

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

Accepted Answer

The JM Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 729 Cr as on Sep 30, 2025.

Question 5

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

Accepted Answer

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

Company	Percentage of Portfolio
Godfrey Phillips India Ltd.	6.6%
CreditAccess Grameen Ltd.	3.99%
Amber Enterprises India Ltd.	3.91%
Garware Hi-Tech Films Ltd.	3.53%
Motilal Oswal Financial Services Ltd.	3.17%
Jana Small Finance Bank Ltd.	3.04%
Multi Commodity Exchange Of India Ltd.	2.58%
Restaurant Brands Asia Ltd.	2.54%
Allied Blenders And Distillers Ltd.	2.48%
Onesource Specialty Pharma Ltd.	2.48%

Question 6

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

Accepted Answer

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

Company	Percentage of Portfolio
Godfrey Phillips India Ltd.	6.6%
CreditAccess Grameen Ltd.	3.99%
Amber Enterprises India Ltd.	3.91%
Garware Hi-Tech Films Ltd.	3.53%
Motilal Oswal Financial Services Ltd.	3.17%
Jana Small Finance Bank Ltd.	3.04%
Multi Commodity Exchange Of India Ltd.	2.58%
Restaurant Brands Asia Ltd.	2.54%
Allied Blenders And Distillers Ltd.	2.48%
Onesource Specialty Pharma Ltd.	2.48%

Question 7

What is risk level of JM Small Cap Fund?

Accepted Answer

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

Question 8

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

Accepted Answer

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

Question 9

How do I invest in JM Small Cap Fund Direct - Growth?

Accepted Answer

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 Small 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 Small Cap Fund is complete.

Question 10

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

Accepted Answer

Redeeming your investments in the JM Small 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.

Expense ratio	0.6% as on Sep 30, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 180 days.!
AUM (Fund size)	₹729 Cr
Lock-in Period	Nil
Age	1 yrs 4 m since May 27, 2024
Benchmark	NIFTY Smallcap 250 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%

Period	This fund	Category average
1 Month	0.94%	1.2%
3 Months	2.83%	0.81%
6 Months	10.4%	12.27%
1 Year	2.62%	3.3%

Fund AUM	729 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

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

Fund name	ETM Rank	AUM	1Y	5Y
JM Flexicap Fund	N.A.	5,990 Cr	-1.18%	27.21%
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.

JM Small Cap Fund Direct - Growth

Historical NAV & returns

JM Small Cap Fund overview

JM Small Cap Fund Returns calculator

Trailing returns as on Oct 17, 2025

Asset allocationas on Sep 30, 2025

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

Compare JM Small Cap Fund in detail with

About this fund

About JM Small Cap Fund

Fund managers

Investment objective

JM Financial Mutual Fund details

More funds from JM Financial Mutual Fund

Frequently asked questions

JM Small Cap Fund Direct - Growth Returns

ET Money rank

Sector	Percentage of Portfolio
Financial	16.159999999999997%
Services	13.429999999999998%
Healthcare	11.590000000000002%
Capital Goods	11.25%
Consumer Staples	10.55%
Materials	6.540000000000001%
Chemicals	5.49%
Consumer Discretionary	5.0200000000000005%
Technology	4.26%
Construction	3.8%