JM Mid Cap Fund Direct Growth
Get the latest NAV of JM Mid Cap 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.
₹23.08
▲0.1%1D
NAV as on 28 Aug 2026
24.94%/per year
Since Inception
▲▼
1314 people have invested ₹ 91.7L in JM Mid Cap Fund in the last three months
JM Mid Cap Fund Performance vs. Nifty Midcap 150
Fund returns vs Benchmark returns vs Category Average returns as on (28-Aug-26)
The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, 3Y, but underperformed over 5Y.
Peer comparison
JM Mid Cap Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
JM Mid Cap Fund Asset Allocation
See fund asset allocation details as on (15-Aug-26)
Fund Distribution
as on (15-Aug-26)
JM Mid Cap Fund Sector Allocation
See fund sector allocation details as on (15-Aug-26)
Sector Allocation
Top 3 Sectors in July were Financial Services, Industrial & Tech
Financial Services
22%
Industrial
17%
Tech
15%
Financial Services
22%
Industrial
17%
Tech
15%
JM Mid Cap Fund Holdings Details
as on (31-Jul-26)
JM Mid Cap Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.86% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹1295 Cr |
| Inception Date | 21 November, 2022 |
| Min Lumpsum/SIP | ₹1,000/₹1,000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 106.56% |
| Risk |   Very High Risk |
About JM Mid Cap Fund
JM Mid Cap Fund Direct Growth is an equity fund. This fund was started on 21 November, 2022. The fund is managed by Ruchi Fozdar, Deepak Gupta, Satish Ramanathan, Asit Bhandarkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- JM Mid Cap Fund has ₹1295 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
JM Mid Cap Fund has given a CAGR return of 24.94% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 15.46% and 21.52% respectively.
Holdings
JM Mid Cap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Cyclical, Health, Basic Materials, Consumer Defensive, Real Estate, Energy. Its top holdings are Bharat Forge Ltd, Godfrey Phillips India Ltd, Marico Ltd, IDFC First Bank Ltd, One97 Communications 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of JM Mid Cap Fund
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 1000.00. JM Mid Cap Fund has no lock in period.
Fund Manager
Ruchi Fozdar
Fund Manager of JM Mid Cap Fund, since 4 October 2024
Deepak Gupta
Fund Manager of JM Mid Cap Fund, since 11 April 2025
Satish Ramanathan
Fund Manager of JM Mid Cap Fund, since 21 November 2022
Asit Bhandarkar
Fund Manager of JM Mid Cap Fund, since 1 October 2024
- AUM of the fund stands at 1.3K Cr as of Jul'26
- AUM has remained same between Jul'26 and Jun'26
Compare JM Mid Cap Fund
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Frequently Asked Questions for JM Mid Cap Fund Direct Growth
How do I invest in JM Mid Cap Fund?
- Download the INDmoney app.
- Search for ‘JM Mid Cap 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.