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.

₹18.78

▲3.6%1D

NAV as on 12 May 2025

29.03%/per year

Since Inception

Absolute Gain%

▲▼

1432 people have invested ₹ 66.3L 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 (12-May-25)

The fund has underperformed the benchmark (Nifty Midcap 150) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty Midcap 150
Category Avg
1 Month
6.63%
9.23%
8.75%
3 Months
5%
8.34%
7.25%
6 Months
-4.86%
-1.11%
-2.76%
1 Year
8.04%
10.36%
11.01%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
JM Midcap Fund
-
1,317Cr
0.56%
8.04%
-
29.03%
HDFC Mid Cap Opportunities Fund Direct Growth
2/19
72,610Cr
0.89%
13.84%
30.95%
21.06%
Motilal Oswal Midcap Fund Direct Growth
3/19
27,780Cr
0.68%
21.51%
34.04%
24.11%
Nippon India Growth Fund Direct Growth
4/19
34,690Cr
0.8%
14.76%
29.45%
18.83%
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

0

Absolute Return
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JM Midcap Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 98.9%

Debt & Cash 1.1%

Mid cap
67.4%
Small cap
23.2%
Large cap
6.7%
Mid Cap allocation has gone down from 66.8% to 66.5%
Mid Cap allocation has gone down from 66.8% to 66.5%
Large Cap allocation has gone up from 3.1% to 5.3%
Large Cap allocation has gone up from 3.1% to 5.3%
Small Cap allocation has gone up from 21.9% to 22.2%
Small Cap allocation has gone up from 21.9% to 22.2%
Cash allocation has gone down from 7% to 4.4%
Cash allocation has gone down from 7% to 4.4%

JM Midcap Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 98.9%

Debt & Cash 1.1%

Industrial
21.4%
Health
19.5%
Consumer Cyclical
16.9%
Basic Materials
15.6%
Financial Services
14.8%
Tech
6.5%
Energy
2.7%
Consumer Defensive
1.6%
Real Estate
1%

Top 3 Sectors in March were Financial Services, Health & Consumer Cyclical

Mar'25

Financial Services

21%

Health

18%

Consumer Cyclical

15%

Feb'25

Financial Services

24%

Health

17%

Consumer Cyclical

14%

JM Midcap Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
Bharat Heavy Electricals Ltd
4.48%
30%
Godfrey Phillips India Ltd
4.21%
0%
Indian Bank
3.8%
-11.9%
Jubilant Foodworks Ltd
3.73%
-12.7%
JK Cement Ltd
3.49%
0%
See all
Top Stocks bought last month
Bharat Heavy Electricals Ltd's allocation increased from 2.99% to 4.46%
Bharat Heavy Electricals Ltd's allocation increased from 2.99% to 4.46%
Hindustan Petroleum Corp Ltd's allocation increased from 0.98% to 2.38%
Hindustan Petroleum Corp Ltd's allocation increased from 0.98% to 2.38%
HDFC Asset Management Co Ltd's allocation increased from 1.67% to 2.71%
HDFC Asset Management Co Ltd's allocation increased from 1.67% to 2.71%
Top Stocks sold last month
The Federal Bank Ltd's allocation decreased from 4.76 % to 4.01 %
The Federal Bank Ltd's allocation decreased from 4.76 % to 4.01 %
Indian Bank's allocation decreased from 4.29 % to 3.8 %
Indian Bank's allocation decreased from 4.29 % to 3.8 %
Jubilant Foodworks Ltd's allocation decreased from 4.11 % to 3.62 %
Jubilant Foodworks Ltd's allocation decreased from 4.11 % to 3.62 %

JM Midcap Fund Direct Growth Overview

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

Expense ratio0.56%
Benchmark
Nifty Midcap 150 TR INR
AUM₹1317 Cr
Inception Date21 November, 2022
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
137.73%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
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 Asit Bhandarkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. JM Midcap Fund Direct Growth has ₹1317 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

JM Midcap Fund Direct Growth has given a CAGR return of 29.03% since inception. Over the last 1 year the fund has given a CAGR return of 8.04%.

Holdings

JM Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Consumer Cyclical, Basic Materials, Tech, Consumer Defensive, Energy, Utilities. Its top holdings are Bharat Heavy Electricals Ltd, Godfrey Phillips India Ltd, Indian Bank, Jubilant Foodworks Ltd, JK Cement 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

Asit Bhandarkar

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

Learn more about JM Financial Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 1.3K Cr
₹ 1.2K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.3K Cr as of Mar'25
  • AUM increased by 62.9 Cr between Mar'25 and Feb'25

Frequently Asked Questions for JM Midcap Fund Direct Growth

What is the current NAV of JM Midcap Fund Direct Growth?

The current NAV of JM Midcap Fund Direct Growth is ₹18.78 as on 12-May-2025.

What are the average returns of JM Midcap Fund Direct Growth?

Existing (Absolute + CAGR) as on 12-May-2025.
JM Midcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.63%
6.63%
6 Month Returns
-4.86%
-4.86%
1 Year Returns
8.04%
8.04%
3 Years Returns
0%
0%

How do I invest in JM Midcap Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of JM Midcap Fund Direct Growth?

0.56% as on April 2025

What is net assets under management (AUM) of JM Midcap Fund Direct Growth?

₹1317 Cr as on April 2025

What are the top 5 holdings of JM Midcap Fund Direct Growth?

Bharat Heavy Electricals Ltd(4.48%), Godfrey Phillips India Ltd(4.21%), Indian Bank(3.8%), Jubilant Foodworks Ltd(3.73%), JK Cement Ltd(3.49%) as on April 2025

What are the top 3 sectors that this JM Midcap Fund Direct Growth has invested in?

Financial Services(24.31%), Health(16.99%), Industrial(15.29%) as on April 2025

What is the alpha of JM Midcap Fund Direct Growth?

The alpha ratio for the JM Midcap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
JM Midcap Fund Direct Growth
-0.73
-
-
As on April 2025
The alpha for JM Midcap Fund Direct Growth is calculated against Nifty Midcap 150 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of JM Midcap Fund Direct Growth??

The Beta ratio for the JM Midcap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
JM Midcap Fund Direct Growth
0.99
-
-
As on April 2025
The Beta for JM Midcap Fund Direct Growth is calculated with Nifty Midcap 150 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of JM Midcap Fund Direct Growth?

The sharpe ratio for the JM Midcap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
JM Midcap Fund Direct Growth
-0
-
-
As on April 2025
The sharpe ratio for JM Midcap Fund Direct Growth is calculated with Nifty Midcap 150 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of JM Midcap Fund Direct Growth?

The standard deviation for the JM Midcap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
JM Midcap Fund Direct Growth
20.01
-
-
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

Who is the manager of JM Midcap Fund Direct Growth?

Asit Bhandarkar is the fund manager of JM Midcap Fund Direct Growth

What is the exit load of JM Midcap Fund Direct Growth?

The Exit load of JM Midcap Fund Direct Growth is 1%