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Fund Overview
Fund Size
₹1,691 Cr
Expense Ratio
0.32%
ISIN
INF192K01MV6
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
21 Nov 2022
About this fund
JM Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 2 years and 1 days, having been launched on 21-Nov-22.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹19.34, Assets Under Management (AUM) of 1691.09 Crores, and an expense ratio of 0.32%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹19.34, Assets Under Management (AUM) of 1691.09 Crores, and an expense ratio of 0.32%.
- JM Midcap Fund Direct Growth has given a CAGR return of 39.04% since inception.
- The fund's asset allocation comprises around 99.08% in equities, 0.00% in debts, and 0.92% in cash & cash equivalents.
- You can start investing in JM Midcap Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+40.10%
+33.57% (Cat Avg.)
Since Inception
+39.04%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹1,675.55 Cr | 99.08% |
| Others | ₹15.54 Cr | 0.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Ipca Laboratories Ltd | Equity | ₹60.45 Cr | 3.57% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹52.71 Cr | 3.12% |
| Tata Technologies Ltd | Equity | ₹48.81 Cr | 2.89% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹44.57 Cr | 2.64% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹43.32 Cr | 2.56% |
| Biocon Ltd | Equity | ₹43.28 Cr | 2.56% |
| Fortis Healthcare Ltd | Equity | ₹43.26 Cr | 2.56% |
| Berger Paints India Ltd | Equity | ₹42.94 Cr | 2.54% |
| JSW Infrastructure Ltd | Equity | ₹42.68 Cr | 2.52% |
| The Federal Bank Ltd | Equity | ₹41.9 Cr | 2.48% |
| JK Cement Ltd | Equity | ₹41.56 Cr | 2.46% |
| Alkem Laboratories Ltd | Equity | ₹41.32 Cr | 2.44% |
| Aurobindo Pharma Ltd | Equity | ₹37.46 Cr | 2.22% |
| Devyani International Ltd | Equity | ₹36.77 Cr | 2.17% |
| Honeywell Automation India Ltd | Equity | ₹36.69 Cr | 2.17% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹35.4 Cr | 2.09% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹35.04 Cr | 2.07% |
| Cummins India Ltd | Equity | ₹34.34 Cr | 2.03% |
| Voltas Ltd | Equity | ₹32.99 Cr | 1.95% |
| Thomas Cook India Ltd | Equity | ₹32.84 Cr | 1.94% |
| Aadhar Housing Finance Ltd | Equity | ₹32.67 Cr | 1.93% |
| REC Ltd | Equity | ₹31.15 Cr | 1.84% |
| LIC Housing Finance Ltd | Equity | ₹30.29 Cr | 1.79% |
| Suzlon Energy Ltd | Equity | ₹30.13 Cr | 1.78% |
| Max Financial Services Ltd | Equity | ₹29.19 Cr | 1.73% |
| PI Industries Ltd | Equity | ₹29.18 Cr | 1.73% |
| Exide Industries Ltd | Equity | ₹28.92 Cr | 1.71% |
| Kalyan Jewellers India Ltd | Equity | ₹28.91 Cr | 1.71% |
| Persistent Systems Ltd | Equity | ₹28.21 Cr | 1.67% |
| Arvind Ltd | Equity | ₹28.07 Cr | 1.66% |
| PB Fintech Ltd | Equity | ₹27.9 Cr | 1.65% |
| Bharat Bijlee Ltd | Equity | ₹27.24 Cr | 1.61% |
| Jyothy Labs Ltd | Equity | ₹25.84 Cr | 1.53% |
| Sundaram Fasteners Ltd | Equity | ₹25.51 Cr | 1.51% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹24.49 Cr | 1.45% |
| Linde India Ltd | Equity | ₹22.96 Cr | 1.36% |
| Escorts Kubota Ltd | Equity | ₹22.04 Cr | 1.30% |
| Deepak Fertilisers & Petrochemicals Corp Ltd | Equity | ₹21.9 Cr | 1.30% |
| Housing & Urban Development Corp Ltd | Equity | ₹21.7 Cr | 1.28% |
| Sona BLW Precision Forgings Ltd | Equity | ₹20.05 Cr | 1.19% |
| Ami Organics Ltd | Equity | ₹19.77 Cr | 1.17% |
| Blue Star Ltd | Equity | ₹19.66 Cr | 1.16% |
| Coforge Ltd | Equity | ₹19.06 Cr | 1.13% |
| Jubilant Foodworks Ltd | Equity | ₹19.01 Cr | 1.12% |
| Ahluwalia Contracts (India) Ltd | Equity | ₹18.22 Cr | 1.08% |
| Schaeffler India Ltd | Equity | ₹18.21 Cr | 1.08% |
| Indian Bank | Equity | ₹17.42 Cr | 1.03% |
| TVS Holdings Ltd | Equity | ₹16.99 Cr | 1.00% |
| Gulf Oil Lubricants India Ltd | Equity | ₹16.95 Cr | 1.00% |
| Treps-Triparty Repo | Cash - Repurchase Agreement | ₹16.27 Cr | 0.96% |
| HEG Ltd | Equity | ₹16.21 Cr | 0.96% |
| Godrej Properties Ltd | Equity | ₹15.9 Cr | 0.94% |
| Bayer CropScience Ltd | Equity | ₹15.04 Cr | 0.89% |
| Tata Elxsi Ltd | Equity | ₹14.75 Cr | 0.87% |
| Orchid Pharma Ltd | Equity | ₹13.76 Cr | 0.81% |
| Strides Pharma Science Ltd | Equity | ₹12.61 Cr | 0.75% |
| Delhivery Ltd | Equity | ₹12.23 Cr | 0.72% |
| Tejas Networks Ltd | Equity | ₹12.08 Cr | 0.71% |
| Hi-Tech Pipes Ltd | Equity | ₹9.8 Cr | 0.58% |
| Go Digit General Insurance Ltd | Equity | ₹8.6 Cr | 0.51% |
| Ola Electric Mobility Ltd | Equity | ₹7.98 Cr | 0.47% |
| Avalon Technologies Ltd | Equity | ₹6.58 Cr | 0.39% |
| Net Current Assets | Cash | ₹-0.72 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
1.84%
Mid Cap Stocks
67.69%
Small Cap Stocks
29.08%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Healthcare | ₹349.43 Cr | 20.66% |
| Industrials | ₹327.83 Cr | 19.39% |
| Consumer Cyclical | ₹306.59 Cr | 18.13% |
| Financial Services | ₹265.31 Cr | 15.69% |
| Basic Materials | ₹255.16 Cr | 15.09% |
| Technology | ₹129.49 Cr | 7.66% |
| Consumer Defensive | ₹25.84 Cr | 1.53% |
| Real Estate | ₹15.9 Cr | 0.94% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
14.96%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.00
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.94
Higher the better
Fund Managers
SR
Satish Ramanathan
Since November 2022
AB
Asit Bhandarkar
Since October 2024
CC
Chaitanya Choksi
Since November 2022
RF
Ruchi Fozdar
Since October 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF192K01MV6 | Expense Ratio 0.32% | Exit Load 1.00% | Fund Size ₹1,691 Cr | Age 2 years | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Midcap 150 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1493.79 Cr | 35.8% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1493.79 Cr | 37.9% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹20055.68 Cr | 58.4% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹16576.59 Cr | 26.2% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16576.59 Cr | 27.6% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30008.06 Cr | 34.5% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3340.74 Cr | 38.0% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3340.74 Cr | 35.9% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4443.96 Cr | 28.1% |
About the AMC
JM Financial Mutual Fund
Total AUM
₹13,183 Cr
Address
502, 5th Floor, A - Wing, Mumbai, 400 051
Other Funds by JM Financial Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| JM Fixed Maturity Fund Series 28 Plan B Direct Growth Moderate Risk | - | 0.0% | - | - |
| JM Fixed Maturity Fund Series 28 Plan A Direct Growth Moderate Risk | - | 0.0% | - | - |
| JM Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹184.36 Cr | 8.0% |
| JM Equity Hybrid Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹678.92 Cr | 34.8% |
| JM Focused Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹196.38 Cr | 30.5% |
| JM Value Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1454.96 Cr | 33.9% |
| JM Low Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹232.88 Cr | 7.8% |
| JM Large Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹456.66 Cr | 29.7% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3240.07 Cr | 7.4% |
| JM Dynamic Bond Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹45.99 Cr | 8.5% |
| JM Medium to Long Duration Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹28.56 Cr | 8.8% |
| JM Flexicap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹4721.61 Cr | 41.9% |
| JM Tax Gain Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹180.91 Cr | 35.6% |
| JM Midcap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹1691.09 Cr | 40.1% |
| JM Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹200.81 Cr | 6.8% |
| JM Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹125.65 Cr | 8.1% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of JM Midcap Fund Direct Growth?
The NAV of JM Midcap Fund Direct Growth, as of 21-Nov-2024, is ₹19.34.
What is the portfolio composition of JM Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 99.08% in equities, 0.00% in bonds, and 0.92% in cash and cash equivalents.
Who manages the JM Midcap Fund Direct Growth?
The fund managers responsible for JM Midcap Fund Direct Growth are:-
- Satish Ramanathan
- Asit Bhandarkar
- Chaitanya Choksi
- Ruchi Fozdar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.