Abakkus Flexi Cap Fund vs JM Large Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Abakkus Flexi Cap Fund is a Flexi Cap fund and JM Large Cap Fund is a Large Cap fund. Abakkus Flexi Cap Fund charges 0.86% a year and JM Large Cap Fund 1.19% (Direct plans). Their portfolios overlap 31.0%: they hold 15 of the same securities.
Which is better, Abakkus Flexi Cap or JM Large Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Abakkus Flexi Cap costs less: 0.86% a year against 1.19% (Direct plans).
- Abakkus Flexi Cap fell less in its worst fall since 30-12-2025: −10.7% against −14.5%.
- JM Large Cap holds more in large companies: 81.1% of the fund in large caps against 45.2%.
- Abakkus Flexi Cap is the larger fund: ₹7,844 Cr against ₹356 Cr.
- Their portfolios overlap 31.0%: 15 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Abakkus Flexi Cap Fund | JM Large Cap Fund |
|---|---|---|
| Fund house | Abakkus Mutual Fund | JM Financial Mutual Fund |
| Category | Flexi Cap | Large Cap |
| AUM | ₹7,844 Cr (30-09-2026) | ₹356 Cr (30-09-2026) |
| NAV | ₹10.48 (Direct) | ₹171.67 (Direct) |
| Expense ratio (Direct) | 0.86% | 1.19% |
| Expense ratio (Regular) | 2.11% | 2.67% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | BSE 100 TRI |
| Launch date | 29-12-2025 | 01-04-1995 |
| Minimum investment | ₹500 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sanjay Doshi, Abhishek Krishnaswami Srinivas | Deepak Gupta, Asit Bhandarkar, Satish Ramanathan, Ruchi Fozdar |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | Exit load of 1%, if redeemed within 30 days. |
Abakkus Flexi Cap vs JM Large Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Abakkus Flexi Cap Fund (Direct) | −3.60% | −4.97% | +2.27% | -- | -- | -- | -- |
| JM Large Cap Fund (Direct) | +0.56% | −3.71% | +0.05% | −5.72% | +10.48% | +9.46% | +11.44% |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | -- | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
Category average: the average of the 46 Flexi Cap funds and the 35 Large Cap funds, same plan type.
Abakkus Flexi Cap vs JM Large Cap: Year-wise Returns
| Year | Abakkus FlexiAbakkus Flexi Cap | JM LargeJM Large Cap |
|---|---|---|
| 2026to date | +4.49% | −6.23% |
| 2025 | -- | +5.51% |
| 2024 | -- | +16.81% |
| 2023 | -- | +30.52% |
| 2022 | -- | +4.17% |
| 2021 | -- | +24.56% |
Abakkus Flexi Cap vs JM Large Cap: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Abakkus Flexi Cap Fund
Abakkus Flexi Cap vs JM Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Abakkus Flexi Cap Fund (Direct) | JM Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.55% | +11.86% |
| Standard deviation | 15.28% | 13.37% |
| Sharpe ratio | 0.02 | 0.43 |
| Sortino ratio | 0.03 | 0.60 |
| Maximum drawdown | −10.7% (30-03-2026) | −19.8% (28-02-2025) |
| Beta | 0.96 | 0.77 |
| Alpha | +13.46% | +1.17% |
From daily NAVs, 30-12-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Abakkus Flexi Cap Fund (Direct)
JM Large Cap Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Abakkus Flexi Cap Fund (Direct) | −10.7% | 11-02-2026 | 30-03-2026 | 17-04-2026 | 18 days | −8.7% |
| JM Large Cap Fund (Direct) | −14.5% | 02-01-2026 | 31-03-2026 | Not yet | -- | −7.4% |
| BSE 500 TRI | −14.8% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.7% |
From daily values since 30-12-2025, the first day every fund has.
Abakkus Flexi Cap vs JM Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Abakkus Flexi Cap Fund, September 2026; JM Large Cap Fund, September 2026
Holdings in common
- Overlap
- 31.0%
- Held by both
- 15
- Only in Abakkus Flexi Cap
- 33
- Only in JM Large Cap
- 34
| Security | % of Abakkus Flexi Cap | % of JM Large Cap |
|---|---|---|
| State Bank of India | 3.67% | 4.56% |
| ICICI Bank Limited | 4.97% | 3.56% |
| Reliance Industries Limited | 2.91% | 3.36% |
| Larsen & Toubro Limited | 2.88% | 2.90% |
| HDFC Bank Limited | 4.52% | 2.69% |
| Mahindra & Mahindra Limited | 2.07% | 2.47% |
| Divi's Laboratories Limited | 2.01% | 2.08% |
| 360 One WAM Limited | 2.46% | 1.80% |
| United Spirits Limited | 1.90% | 1.75% |
| Vedanta Aluminium Metal Limited | 2.45% | 1.74% |
| Billionbrains Garage Ventures Ltd | 2.11% | 1.30% |
| Tata Steel Limited | 2.00% | 1.23% |
| Bajaj Auto Limited | 1.20% | 1.84% |
| CG Power and Industrial Solutions Limited | 1.88% | 1.10% |
| Zydus Lifesciences Limited | 1.04% | 1.44% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 31.0% means 31.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Abakkus Flexi Cap Fund
| Security | % of fund |
|---|---|
| NTPC Limited | 3.23% |
| Indus Towers Limited | 2.74% |
| ZF Commercial Vehicle Control Systems India Limited | 2.72% |
| The Federal Bank Limited | 2.63% |
| Leela Palaces Hotels & Resorts Limited | 2.61% |
Largest holdings only in JM Large Cap Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Limited | 3.88% |
| Kotak Mahindra Bank Limited | 3.15% |
| Adani Port & Special Economic Zone Ltd | 2.88% |
| Axis Bank Limited | 2.88% |
| Torrent Pharmaceuticals Limited | 2.80% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Abakkus Flexi Cap | JM Large Cap |
|---|---|---|
| Equity | 94.1% | 95.8% |
| Debt | 0.2% | 0.0% |
| Cash and others | 5.7% | 4.2% |
Market cap of stocks
| Market cap | Abakkus Flexi Cap | JM Large Cap |
|---|---|---|
| Large Cap | 45.2% | 81.1% |
| Mid Cap | 19.2% | 13.5% |
| Small Cap | 28.4% | 0.1% |
| Not on AMFI's list | 1.3% | 1.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Abakkus Flexi Cap | JM Large Cap |
|---|---|---|
| Banks | 15.8% | 16.9% |
| Pharmaceuticals & Biotechnology | 8.9% | 6.3% |
| Automobiles | 3.3% | 8.3% |
| Capital Markets | 7.2% | 5.1% |
| Finance | 5.1% | 5.2% |
| IT - Software | 1.6% | 4.2% |
| Power | 4.2% | 2.9% |
| Consumer Durables | 3.8% | 2.5% |
The six largest sectors of each fund's stocks, % of the fund.
Abakkus Flexi Cap vs JM Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Abakkus Flexi Cap Fund | JM Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.86% | 1.19% |
| Base expense ratio (Direct) | 0.43% | 0.82% |
| Total expense ratio (Regular) | 2.11% | 2.67% |
| Base expense ratio (Regular) | 1.53% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Abakkus Flexi Cap with
Abakkus Flexi Cap Fund vs JM Large Cap Fund: Frequently Asked Questions
What is the difference between Abakkus Flexi Cap Fund and JM Large Cap Fund?
Abakkus Flexi Cap Fund is a Flexi Cap fund, JM Large Cap Fund is a Large Cap fund, run by Abakkus Mutual Fund and JM Financial Mutual Fund. Their portfolios overlap 31.0%. Abakkus Flexi Cap Fund charges 0.86% a year and JM Large Cap Fund 1.19%.
Which has the lower expense ratio, Abakkus Flexi Cap Fund or JM Large Cap Fund?
Abakkus Flexi Cap Fund charges less: 0.86% a year against 1.19%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Abakkus Flexi Cap Fund and JM Large Cap Fund overlap?
31.0%. They hold 15 of the same securities, the largest shared ones being SBIN, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Abakkus Flexi Cap Fund or JM Large Cap Fund?
On SEBI's riskometer, Abakkus Flexi Cap Fund is rated Very High and JM Large Cap Fund Very High. Over their common history, the standard deviation of daily returns was 15.28% and 13.37% a year.
Can I invest in both Abakkus Flexi Cap Fund and JM Large Cap Fund?
Yes. 31.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Abakkus Flexi Cap Fund and JM Large Cap Fund?
Abakkus Flexi Cap Fund: Sanjay Doshi, Abhishek Krishnaswami Srinivas. JM Large Cap Fund: Deepak Gupta, Asit Bhandarkar, Satish Ramanathan, Ruchi Fozdar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.