JM Midcap Fund Direct Growth

JM Midcap Fund Direct Growth

Equity

JM Financial Mutual Fund

Mid-Cap

Get the latest NAV of JM Midcap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹20.81

▲0.9%1D

NAV as on 16 Sep 2025

29.68%/per year

Since Inception

Absolute Gain%

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1464 people have invested ₹ 57L in JM Midcap Fund Direct Growth in the last three months

JM Midcap Fund Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (16-Sep-25)

The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
4.93%
5.12%
22.86%
-2.1%
--
--
Nifty Midcap 150
3.68%
0.91%
21.72%
-2.13%
22.23%
26.67%
Mid-Cap Avg
--
--
--
--
--
--
Best in Mid-Cap
5.01%
8.38%
28.57%
8.5%
27.87%
34.24%
Worst in Mid-Cap
0.59%
-2.83%
10%
-13.63%
13.84%
20.11%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
JM Midcap Fund
-
1,416Cr
0.51%
-2.1%
-
--
--
--
--
--
Invesco India Mid Cap Fund Direct Growth
1/20
8,062Cr
0.56%
8.5%
27.87%
6.04
0.92
1.22
2.06
0.97
HDFC Mid Cap Fund Direct Growth
2/20
83,105Cr
0.74%
1.68%
24.76%
5.24
0.86
1.25
2.19
1.10
Edelweiss Mid Cap Fund Direct Growth
3/20
11,297Cr
0.38%
2.49%
25.66%
3.76
0.94
1.09
1.83
0.76
See all

JM Midcap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

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Absolute Return
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JM Midcap Fund Asset Allocation

See fund asset allocation details as on (14-Sep-25)

Fund Distribution

as on (14-Sep-25)

Mid cap
70%
Small cap
22.3%
Large cap
4.7%
Mid Cap allocation has gone down from 71% to 70%
Mid Cap allocation has gone down from 71% to 70%
Large Cap allocation has gone down from 5.6% to 4.7%
Large Cap allocation has gone down from 5.6% to 4.7%
Small Cap allocation has gone up from 21.4% to 22.3%
Small Cap allocation has gone up from 21.4% to 22.3%
Cash allocation has gone up from 0.5% to 1.3%
Cash allocation has gone up from 0.5% to 1.3%

JM Midcap Fund Sector Allocation

See fund sector allocation details as on (14-Sep-25)

Sector Allocation

Financial Services
23.6%
Health
17%
Consumer Cyclical
14.5%
Tech
14.4%
Industrial
10.1%
Basic Materials
9.6%
Consumer Defensive
7.9%
Utilities
1.9%
Energy
1.1%

Top 3 Sectors in August were Financial Services, Industrial & Health

Aug'25

Financial Services

24%

Tech

16%

Industrial

15%

Jul'25

Financial Services

22%

Industrial

16%

Health

16%

JM Midcap Fund Holdings Details

as on (31-Aug-25)

Top Stocks bought last month
Godfrey Phillips India Ltd's allocation increased from 4.37% to 5.31%
Godfrey Phillips India Ltd's allocation increased from 4.37% to 5.31%
Waaree Energies Ltd's allocation increased from 1.89% to 2.52%
Waaree Energies Ltd's allocation increased from 1.89% to 2.52%
Blue Star Ltd's allocation increased from 0.83% to 1.46%
Blue Star Ltd's allocation increased from 0.83% to 1.46%
Top Stocks sold last month
Motilal Oswal Financial Services Ltd's allocation decreased from 3.21 % to 3.04 %
Motilal Oswal Financial Services Ltd's allocation decreased from 3.21 % to 3.04 %
Jubilant Foodworks Ltd's allocation decreased from 2.93 % to 2.82 %
Jubilant Foodworks Ltd's allocation decreased from 2.93 % to 2.82 %
Avalon Technologies Ltd's allocation decreased from 2.13 % to 2.1 %
Avalon Technologies Ltd's allocation decreased from 2.13 % to 2.1 %

JM Midcap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.51%
Benchmark
Nifty Midcap 150 TR INR
AUM₹1416 Cr
Inception Date21 November, 2022
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
178.58%
Risk
Risk meter
pointer
Very High Risk

About JM Midcap Fund

JM Midcap Fund Direct Growth is an equity fund. This fund was started on 21 November, 2022. The fund is managed by Satish Ramanathan, Asit Bhandarkar, Deepak Gupta, Ruchi Fozdar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. JM Midcap Fund Direct Growth has ₹1416 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

JM Midcap Fund Direct Growth has given a CAGR return of 29.68% since inception. Over the last 1 year the fund has given a CAGR return of -2.10%.

Holdings

JM Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Health, Consumer Cyclical, Basic Materials, Consumer Defensive, Real Estate. Its top holdings are Godfrey Phillips India Ltd, JK Cement Ltd, Motilal Oswal Financial Services Ltd, Jubilant Foodworks Ltd, Cummins India Ltd

Taxation

As it is a mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of JM Midcap Fund Direct Growth

To provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Midcap Fund Direct Growth has no lock in period.

Fund Manager

Satish Ramanathan

Fund Manager of JM Midcap Fund Direct Growth, since 21 November 2022

Asit Bhandarkar

Fund Manager of JM Midcap Fund Direct Growth, since 1 October 2024

Deepak Gupta

Fund Manager of JM Midcap Fund Direct Growth, since 11 April 2025

Ruchi Fozdar

Fund Manager of JM Midcap Fund Direct Growth, since 4 October 2024

Learn more about JM Financial Mutual Fund
Parameters
Aug'25
Jul'25
Jun'25
AUM
₹ 1.4K Cr
₹ 1.4K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.4K Cr as of Aug'25
  • AUM decreased by 9.9 Cr between Aug'25 and Jul'25

Frequently Asked Questions for JM Midcap Fund Direct Growth

How do I invest in JM Midcap Fund?

INDmoney makes it simple to invest in the JM Midcap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘JM Midcap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of JM Midcap Fund?

The NAV of the fund today is ₹20.81. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

JM Midcap Fund fund has generated a return of -2.10% in 1 year

Who is the fund manager of JM Midcap Fund?

The fund managers are Satish Ramanathan, Asit Bhandarkar, Deepak Gupta, Ruchi Fozdar.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-180 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.51%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1416 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of JM Midcap Fund?

The top 3 holdings of the fund are Godfrey Phillips India Ltd(5.31%), JK Cement Ltd(3.41%), Motilal Oswal Financial Services Ltd(3.04%)