JM Midcap Fund
NAV
₹23.01
as of 21 Aug 2026
JM Midcap Fund is an open-ended Mid Cap Fund scheme from JM Financial Mutual Fund managing ₹1,275 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹23.01 as of 21 Aug 2026. The expense ratio is 0.86% a year. Managed by Satish Ramanathan. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.86% / yr
- as of 30 Jun 2026
- Fund size
- ₹1,275 crore
- as of 30 Jun 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 20 Aug 2026Benchmark: NIFTY Midcap 150 Index
JM Midcap Fund
₹230
+130% on ₹100 over 3.7 yrs
Mid Cap Fund average
₹203
+103% on ₹100 over 3.7 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 9.74% | 7.27% | +2.47 |
| 6 months | 16.77% | 10.05% | +6.72 |
| 1 year | 12.66% | 9.87% | +2.79 |
| 3 years (CAGR) | 21.68% | 19.78% | +1.90 |
Category average across 29 funds, as of 21 Aug 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
- 14.2%
- Best
- 72.9%
34 windows over the last 45 months, stepped monthly; 88% 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
- 21.6%
- Median
- 24.6%
- Best
- 27.6%
10 windows over the last 45 months, stepped monthly; 100% ended positive. Worst window began 1 Aug 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.77
- Sortino ratio (3Y)
- 1.29 vs category 1.05
- Standard deviation (3Y)
- 18.97%
- Beta (3Y)
- 0.99
- Alpha (3Y)
- 2.28%
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
At a peak
Ahead of its benchmark in 53% of months (window: 3y, monthly) — benchmark: NIFTY Midcap 150 Index, name shown only.
Where the money actually is
Equity
98.8%
Cash
1.2%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
69 positions · top 10 = 30.4%
Market-cap mix
Large 13.9%Mid 58.1%Small 26.8%Other 1.2%
as of 30 Jun 2026
Holdings by sector
Financial Services(1 in top 10)21.5%
- Bank of Maharashtra2.99%
Industrials(2 in top 10)17.3%
- Tube Investments of India Ltd Ordinary Shares3.09%
- Cummins India Ltd2.52%
Technology(1 in top 10)14.8%
- Avalon Technologies Ltd3.37%
Basic Materials(1 in top 10)12.9%
- Acutaas Chemicals Ltd3.04%
Consumer Cyclical(2 in top 10)12.7%
- Bharat Forge Ltd3.52%
- Arvind Ltd3.02%
Healthcare(1 in top 10)8.9%
- Glenmark Pharmaceuticals Ltd2.53%
Consumer Defensive(2 in top 10)6.3%
- Godfrey Phillips India Ltd3.28%
- Marico Ltd2.99%
- Real Estate2.5%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 178.6% vs category 54.0% 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)
- 32.0 vs category 32.0
- P/B
- 4.7 vs category 4.5
- Dividend yield
- 0.8% vs category 0.7%
- Net margin
- 14.2% vs category 16.4%
- Earnings growth
- 16.7%
- Avg market cap
- ₹48,352 crore
Money in, money out
- Net flow, 12 months
- −₹250 cr
- Net flow, 3 months
- +₹8 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of JM Midcap Fund?
- ₹23.01 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of JM Midcap Fund?
- 0.86% a year for the Direct plan, as of 30 Jun 2026.
- How large is JM Midcap Fund?
- ₹1,275 crore under management as of 30 Jun 2026, in the Mid Cap Fund category.
- How risky is JM Midcap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
- What is the worst 3-year return of JM Midcap Fund?
- 21.6% a year — the weakest of 10 overlapping 3-year holding periods, beginning 1 Aug 2023. The median was 24.6% 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 3.7 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.