JM Small Cap Fund Direct Growth

JM Small Cap Fund Direct Growth is an equity fund. This fund was started on 18 June, 2024. The fund is managed by Asit Bhandarkar. The fund could potentially beat inflation in the long-run.

1. JM Small Cap Fund Direct Growth has ₹631 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.7.
   

JM Small Cap Fund Direct Growth has given a CAGR return of -4.90% since inception.

JM Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Financial Services, Tech, Industrial, Consumer Cyclical, Health, Consumer Defensive. Its top holdings are Godfrey Phillips India Ltd, Navin Fluorine International Ltd, Jana Small Finance Bank Ltd, Sundaram Finance Ltd, Restaurant Brands Asia Ltd Ordinary Shares

As it is a small-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.

The primary objective of the Scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities of small cap companies, as defined by SEBI. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. JM Small Cap Fund Direct Growth has no lock in period.