JM Midcap Fund
NAV
₹21.21
as of 19 Oct 2026
JM Midcap Fund is an open-ended Mid Cap Fund scheme from JM Financial Mutual Fund managing ₹1,303 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹21.21 as of 19 Oct 2026. The expense ratio is 0.97% a year. Managed by Satish Ramanathan. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.97% / yr
- as of 31 Aug 2026
- Fund size
- ₹1,303 crore
- as of 30 Sept 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 21 Nov 2022
- ISIN
- INF192K01MV6
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 19 Oct 2026Benchmark: NIFTY Midcap 150 Index
JM Midcap Fund
₹212
+112% on ₹100 over 3.9 yrs
Mid Cap Fund average
₹189
+89% on ₹100 over 3.9 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -5.03% | -4.85% | -0.18 |
| 6 months | 4.97% | 0.73% | +4.24 |
| 1 year | 2.20% | 1.11% | +1.09 |
| 3 years (CAGR) | 16.75% | 14.98% | +1.77 |
Category average across 29 funds, as of 19 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -5.8%
- Median
- 14.1%
- Best
- 72.9%
36 windows over the last 47 months, stepped monthly; 89% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 17.3%
- Median
- 24.1%
- Best
- 27.6%
12 windows over the last 47 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.64
- Sortino ratio (3Y)
- 1.04 vs category 0.75
- Standard deviation (3Y)
- 19.34%
- Beta (3Y)
- 0.98
- Alpha (3Y)
- 4.02%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-21.4%
Right now
-8.3% below peak
Ahead of its benchmark in 56% of months (window: 3y, monthly) – benchmark: NIFTY Midcap 150 Index, name shown only.
Where the money actually is
Equity
98.4%
Cash
1.6%
Whole-portfolio split, as of 30 Sept 2026.
What it owns
74 positions · top 10 = 28.2%
Market-cap mix
Large 4.9%Mid 67.6%Small 24.4%Other 3.1%
as of 30 Sept 2026
Holdings by sector
Financial Services(3 in top 10)21.6%
- IDFC First Bank Ltd2.84%
- Bank of Maharashtra2.81%
- Multi Commodity Exchange of India Ltd2.28%
- Industrials17.1%
Technology(2 in top 10)14.5%
- One97 Communications Ltd3.60%
- Avalon Technologies Ltd3.08%
Healthcare(2 in top 10)12.4%
- Mankind Pharma Ltd2.89%
- Glenmark Pharmaceuticals Ltd2.66%
Consumer Cyclical(1 in top 10)11.8%
- Sona BLW Precision Forgings Ltd2.39%
- Basic Materials9.7%
Consumer Defensive(2 in top 10)7.1%
- Godfrey Phillips India Ltd2.86%
- Marico Ltd2.74%
- Real Estate3.0%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Sept 2026. Portfolio turnover 106.6% vs category 44.7% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 33.8 vs category 31.7
- P/B
- 4.8 vs category 4.3
- Dividend yield
- 0.7% vs category 0.7%
- Net margin
- 15.2% vs category 16.2%
- Earnings growth
- 18.1%
- Avg market cap
- ₹47,491 crore
Money in, money out
- Net flow, 12 months
- −₹217 cr
- Net flow, 3 months
- +₹45 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of JM Midcap Fund?
- ₹21.21 per unit as of 19 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of JM Midcap Fund?
- 0.97% a year for the Direct plan, as of 31 Aug 2026.
- How large is JM Midcap Fund?
- ₹1,303 crore under management as of 30 Sept 2026, in the Mid Cap Fund category.
- How risky is JM Midcap Fund?
- Its SEBI Riskometer reading is "High Risk". Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
- What is the worst 3-year return of JM Midcap Fund?
- 17.3% a year – the weakest of 12 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 24.1% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages JM Midcap Fund?
- Satish Ramanathan, managing this fund for 3.9 years.
Where this fund sits
Its shelf, all funds
Mc · Mid cap →
Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Mid Cap Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Midcap 150 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.