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Fund Overview
Fund Size
₹1,696 Cr
Expense Ratio
0.39%
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, 1 months and 1 days, having been launched on 21-Nov-22.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹19.93, Assets Under Management (AUM) of 1696.31 Crores, and an expense ratio of 0.39%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹19.93, Assets Under Management (AUM) of 1696.31 Crores, and an expense ratio of 0.39%.
- JM Midcap Fund Direct Growth has given a CAGR return of 39.31% since inception.
- The fund's asset allocation comprises around 99.45% in equities, 0.00% in debts, and 0.55% 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
+39.27%
+32.43% (Cat Avg.)
Since Inception
+39.31%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹1,686.9 Cr | 99.45% |
| Others | ₹9.41 Cr | 0.55% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Biocon Ltd | Equity | ₹50 Cr | 2.95% |
| The Federal Bank Ltd | Equity | ₹49.64 Cr | 2.93% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹49.28 Cr | 2.91% |
| Tata Technologies Ltd | Equity | ₹44.11 Cr | 2.60% |
| Fortis Healthcare Ltd | Equity | ₹44 Cr | 2.59% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹43.49 Cr | 2.56% |
| JSW Infrastructure Ltd | Equity | ₹42.22 Cr | 2.49% |
| Ipca Laboratories Ltd | Equity | ₹41.43 Cr | 2.44% |
| Exide Industries Ltd | Equity | ₹40.72 Cr | 2.40% |
| JK Cement Ltd | Equity | ₹39.93 Cr | 2.35% |
| Berger Paints India Ltd | Equity | ₹39.5 Cr | 2.33% |
| Devyani International Ltd | Equity | ₹35.83 Cr | 2.11% |
| Cummins India Ltd | Equity | ₹34.18 Cr | 2.01% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹33.72 Cr | 1.99% |
| Honeywell Automation India Ltd | Equity | ₹32.73 Cr | 1.93% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹32.58 Cr | 1.92% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹32.51 Cr | 1.92% |
| Thomas Cook India Ltd | Equity | ₹32.31 Cr | 1.90% |
| Aadhar Housing Finance Ltd | Equity | ₹32.16 Cr | 1.90% |
| Suzlon Energy Ltd | Equity | ₹32.12 Cr | 1.89% |
| Voltas Ltd | Equity | ₹31.51 Cr | 1.86% |
| PB Fintech Ltd | Equity | ₹31.06 Cr | 1.83% |
| Persistent Systems Ltd | Equity | ₹31 Cr | 1.83% |
| Arvind Ltd | Equity | ₹30.98 Cr | 1.83% |
| Jubilant Foodworks Ltd | Equity | ₹30.94 Cr | 1.82% |
| LIC Housing Finance Ltd | Equity | ₹30.66 Cr | 1.81% |
| Aurobindo Pharma Ltd | Equity | ₹29.45 Cr | 1.74% |
| Kalyan Jewellers India Ltd | Equity | ₹28.98 Cr | 1.71% |
| REC Ltd | Equity | ₹28.82 Cr | 1.70% |
| Housing & Urban Development Corp Ltd | Equity | ₹28.61 Cr | 1.69% |
| Avalon Technologies Ltd | Equity | ₹28 Cr | 1.65% |
| PI Industries Ltd | Equity | ₹26.43 Cr | 1.56% |
| Coforge Ltd | Equity | ₹26.06 Cr | 1.54% |
| Bharat Heavy Electricals Ltd | Equity | ₹25.11 Cr | 1.48% |
| Deepak Fertilisers & Petrochemicals Corp Ltd | Equity | ₹24.06 Cr | 1.42% |
| Max Financial Services Ltd | Equity | ₹23.92 Cr | 1.41% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹23.29 Cr | 1.37% |
| Alkem Laboratories Ltd | Equity | ₹23.13 Cr | 1.36% |
| Bharat Bijlee Ltd | Equity | ₹22.77 Cr | 1.34% |
| Sundaram Fasteners Ltd | Equity | ₹21.85 Cr | 1.29% |
| Ami Organics Ltd | Equity | ₹21.43 Cr | 1.26% |
| Escorts Kubota Ltd | Equity | ₹20.91 Cr | 1.23% |
| Jyothy Labs Ltd | Equity | ₹20.91 Cr | 1.23% |
| Linde India Ltd | Equity | ₹20.76 Cr | 1.22% |
| Strides Pharma Science Ltd | Equity | ₹19.86 Cr | 1.17% |
| Indian Bank | Equity | ₹19.76 Cr | 1.16% |
| Sona BLW Precision Forgings Ltd | Equity | ₹19.64 Cr | 1.16% |
| Blue Star Ltd | Equity | ₹19.48 Cr | 1.15% |
| Schaeffler India Ltd | Equity | ₹19.23 Cr | 1.13% |
| Treps-Triparty Repo | Cash - Repurchase Agreement | ₹18.45 Cr | 1.09% |
| Ahluwalia Contracts (India) Ltd | Equity | ₹17.23 Cr | 1.02% |
| HEG Ltd | Equity | ₹16.58 Cr | 0.98% |
| Orchid Pharma Ltd | Equity | ₹16.09 Cr | 0.95% |
| TVS Holdings Ltd | Equity | ₹16.08 Cr | 0.95% |
| Gulf Oil Lubricants India Ltd | Equity | ₹15.83 Cr | 0.93% |
| Tata Elxsi Ltd | Equity | ₹15.34 Cr | 0.90% |
| Motilal Oswal Financial Services Ltd | Equity | ₹14.82 Cr | 0.87% |
| Bayer CropScience Ltd | Equity | ₹14.06 Cr | 0.83% |
| Tejas Networks Ltd | Equity | ₹11.89 Cr | 0.70% |
| Net Current Assets | Cash | ₹-9.04 Cr | 0.53% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹8.97 Cr | 0.53% |
| Go Digit General Insurance Ltd | Equity | ₹8.93 Cr | 0.53% |
| Hi-Tech Pipes Ltd | Equity | ₹8.86 Cr | 0.52% |
| Godrej Properties Ltd | Equity | ₹8.41 Cr | 0.50% |
| Polyplex Corp Ltd | Equity | ₹2.7 Cr | 0.16% |
Allocation By Market Cap (Equity)
Large Cap Stocks
3.18%
Mid Cap Stocks
65.67%
Small Cap Stocks
30.59%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹327.34 Cr | 19.30% |
| Consumer Cyclical | ₹320.06 Cr | 18.87% |
| Healthcare | ₹305.83 Cr | 18.03% |
| Financial Services | ₹300.65 Cr | 17.72% |
| Basic Materials | ₹247.29 Cr | 14.58% |
| Technology | ₹156.4 Cr | 9.22% |
| Consumer Defensive | ₹20.91 Cr | 1.23% |
| Real Estate | ₹8.41 Cr | 0.50% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
14.85%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.05
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.05
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 30th November 2024
ISIN INF192K01MV6 | Expense Ratio 0.39% | Exit Load 1.00% | Fund Size ₹1,696 Cr | Age 2 years 1 month | 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% | ₹1547.46 Cr | 35.6% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1547.46 Cr | 37.7% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹22897.62 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% | ₹16695.39 Cr | 24.5% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16695.39 Cr | 25.9% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30329.59 Cr | 33.5% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3460.90 Cr | 37.3% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3460.90 Cr | 35.3% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4494.44 Cr | 26.0% |
About the AMC
JM Financial Mutual Fund
Total AUM
₹13,439 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% | ₹177.82 Cr | 7.9% |
| JM Equity Hybrid Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹719.68 Cr | 32.3% |
| JM Focused Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹211.91 Cr | 29.1% |
| JM Value Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1524.74 Cr | 31.0% |
| JM Low Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹232.38 Cr | 7.8% |
| JM Large Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹495.06 Cr | 21.4% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹1897.46 Cr | 7.4% |
| JM Dynamic Bond Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹44.16 Cr | 8.4% |
| JM Medium to Long Duration Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹27.50 Cr | 8.4% |
| JM Flexicap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹5012.19 Cr | 39.2% |
| JM Tax Gain Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹183.48 Cr | 33.0% |
| JM Midcap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1696.31 Cr | 39.3% |
| 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% | ₹124.00 Cr | 7.9% |
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 20-Dec-2024, is ₹19.93.
What is the portfolio composition of JM Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 99.45% in equities, 0.00% in bonds, and 0.55% 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.