JM Midcap Fund (Direct)

Mid CapEquity SEBI-regulated

NAV (Direct-Growth)

₹22.0835

As of 1 Jul 2026 · AMFI

AUM

₹1.2K Cr

Expense ratio

0.56%

1Y returns

+10.54%

cat 4.74%

3Y CAGR

+24.35%

cat 19.41%

5Y CAGR

—

cat 16.88%

Std deviation 3Y

+19.32%

cat 17.97%

In plain English

JM Midcap Fund (Direct) is a Mid Cap scheme from JM Financial. The portfolio is ~99% in equities. 3-year CAGR: about 24.4%. Volatility is high — expect 30 %+ paper losses during major corrections. Worst historical drawdown: -23% in Feb 2025, recovered in 16 months. Wrong fit if you need this money in less than 5 years.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

NAV (Direct-Growth)

₹22.0835

Last 1Y

+9.23%

Jul 25Min ₹17.64 · Max ₹22.08 · 245 ptsJul 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Feb 2025

-22.5%

Peak ₹21.60 on 24 Sept 2024 → trough ₹16.73 on 28 Feb 2025 (5 months down).

Recovered in 16 months· 15 Jun 2026

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

5 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
0.56% — well below typical 1% for equity.
AUM size
₹1.2K Cr — reasonable for a mid-cap fund.
Sector concentration
Top 3 sectors = 52.7% — diversified across sectors.
Style drift
Allocation matches the declared category mandate.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	+1.83%	-0.40%	3/ 33
1M	+11.94%	+9.42%	8/ 33
3M	+9.00%	+4.68%	5/ 31
6M	+10.96%	+3.43%	2/ 31
YTD	+10.89%	+3.69%	2/ 31
1Y	+10.54%	+4.74%	6/ 30
2Y	+7.93%	+8.93%	24/ 29
3Y	+24.35%	+19.41%	5/ 29
5Y	—	+16.88%	—
7Y	—	+16.44%	—
10Y	—	+16.54%	—

Portfolio composition

Asset allocation

Equity99.00%
Cash1.00%

By market cap

Large cap4.62%
Mid cap68.27%
Small cap27.10%
Others0.01%

Concentration

Holdings

Avg market cap

₹47.3K Cr

Top 10 stocks

30.25%

Top 5 stocks

16.64%

Top 3 sectors

52.67%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

1
Glenmark Pharmaceuticals Ltd
—3.77%
1
Godfrey Phillips India Ltd
—3.72%
2
Godfrey Phillips India Ltd
—3.62%
3
Bharat Forge Ltd
—3.60%
2
Bharat Forge Ltd
—3.56%
4
JK Cement Ltd
—3.51%
5
Tube Investments of India Ltd Ordinary Shares
—3.33%
3
Tube Investments of India Ltd Ordinary Shares
—3.30%
6
Marico Ltd
—3.28%
7
Acutaas Chemicals Ltd
—3.22%
8
Lupin Ltd
—3.19%
9
Indian Bank
—3.07%
4
Marico Ltd
—3.04%
5
Glenmark Pharmaceuticals Ltd
—3.03%
10
Hero MotoCorp Ltd
—2.98%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio31.5431.18+0.36
P/B ratio4.604.54+0.06
Price / Sales3.593.40+0.19
Price / Cash Flow22.7722.96-0.19
Dividend yield0.83%0.80%+0.03
Return on equity (ROE)16.99%18.19%-1.20

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
18.2319.32—19.4017.9716.47
Sharpe ratio
Risk-adjusted return — higher is better.
0.240.89—0.010.720.68
Sortino ratio
Like Sharpe but only counts downside volatility.
0.411.51—0.041.131.09
Beta
1 = moves with the market. <1 = less volatile.
0.971.00—0.960.950.93

Peers in Mid Cap

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

Available plans & options

PlanOptionFull nameISIN

DirectGrowthJM Midcap Fund (Direct) - GrowthINF192K01MV6
DirectIDCW ReinvestmentJM Midcap Fund (Direct) - IDCWINF192K01MW4

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