Edelweiss Mid Cap Fund vs JM Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Mid Cap Fund and JM Mid Cap Fund are both Mid Cap funds. In the 3 years to 30-10-2026, Edelweiss Mid Cap Fund (Direct) returned 19.0% a year and JM Mid Cap Fund (Direct) returned 17.3% a year. Edelweiss Mid Cap Fund charges 0.68% a year and JM Mid Cap Fund 0.96% (Direct plans). Their portfolios overlap 28.6%: they hold 30 of the same securities.
Edelweiss Mid Cap Fund
Mid Cap
- 3 year return
- 19.0%
- Expense ratio
- 0.68%
- NAV
- ₹118.96
Which is better, Edelweiss Mid Cap or JM Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Mid Cap returned more over 3 years: 19.0% a year against 17.3%.
- JM Mid Cap returned more over 1 year: −0.1% against −2.0%.
- Edelweiss Mid Cap costs less: 0.68% a year against 0.96% (Direct plans).
- Edelweiss Mid Cap swung less over 3 years: a standard deviation of 16.5% a year against 17.9%.
- Edelweiss Mid Cap fell less in its worst fall since 25-11-2022: −20.1% against −22.5%.
- Edelweiss Mid Cap holds more in large companies: 16.2% of the fund in large caps against 4.9%.
- Edelweiss Mid Cap is the larger fund: ₹19,230 Cr against ₹1,303 Cr.
- Their portfolios overlap 28.6%: 30 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 | Edelweiss Mid Cap Fund | JM Mid Cap Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | JM Financial Mutual Fund |
| Category | Mid Cap | Mid Cap |
| AUM | ₹19,230 Cr (30-09-2026) | ₹1,303 Cr (30-09-2026) |
| NAV | ₹118.96 (Direct) | ₹20.79 (Direct) |
| Expense ratio (Direct) | 0.68% | 0.96% |
| Expense ratio (Regular) | 1.87% | 2.47% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | Nifty Midcap 150 TRI |
| Launch date | 26-12-2007 | 21-11-2022 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Dhruv Bhatia, Mehul Dalmia | Satish Ramanathan, Asit Bhandarkar, Deepak Gupta, Ruchi Fozdar |
| Exit load | Exit load of 1%, if redeemed within 90 days. | In respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 180 days from the date of allotment, No Exit Load is payable if Units are redeemed / switched-out after 180 days from the date of allotment, No Entry / Exit Load shall be levied on units allotted on Reinvestment of Income Distribution cum Capital Withdrawal Option, In respect of Systematic Transactions such as SIP,STP, SWP, Exit Load, if any, prevailing on the date of registration / enrolment for SIP/STP/SWP shall be levied for all the opted Installments. |
Edelweiss Mid Cap vs JM Mid 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Mid Cap Fund (Direct) | −3.25% | −7.07% | −2.02% | −1.99% | +18.99% | +16.32% | -- |
| JM Mid Cap Fund (Direct) | −5.08% | −5.86% | +3.24% | −0.08% | +17.31% | -- | -- |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | -- | -- |
Category average: the average of the 34 Mid Cap funds, same plan type.
Edelweiss Mid Cap vs JM Mid Cap: Year-wise Returns
| Year | EdelweissEdelweiss Mid Cap | JMJM Mid Cap | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | −3.11% | +3.57% | −4.97% |
| 2025 | +5.13% | −1.16% | +5.98% |
| 2024 | +40.82% | +37.77% | +24.46% |
| 2023 | +40.44% | +47.33% | +44.61% |
| 2022 | +3.98% | -- | +3.91% |
| 2021 | +52.45% | -- | +48.16% |
Edelweiss Mid Cap vs JM Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 229 of them, one for each trading day from 25-11-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Edelweiss Mid Cap Fund (Direct)
JM Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Mid Cap | 0.0 | 0.0 | 0.0 | 0.0 | 10.0 | 38.4 | 51.5 | 24.8% | 25.3% | 18.2% | 29.3% | 100% |
| JM Mid Cap | 0.0 | 0.0 | 0.0 | 0.0 | 16.6 | 48.0 | 35.4 | 23.2% | 24.0% | 15.6% | 27.9% | 100% |
| Nifty Midcap 150 TRI | 0.0 | 0.0 | 0.0 | 11.8 | 22.3 | 63.8 | 2.2 | 20.8% | 22.0% | 12.7% | 26.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Midcap 150 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 25-11-2022. Past returns do not promise future returns.
Edelweiss Mid Cap vs JM Mid Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-11-2022 to 30-10-2026: 48 instalments, ₹4,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Mid CapEdelweiss Mid Cap Fund (Direct) | ₹4,80,000 | ₹6,25,963 | ₹1,45,963 | 13.3% |
| JM Mid CapJM Mid Cap Fund (Direct) | ₹4,80,000 | ₹6,28,057 | ₹1,48,057 | 13.5% |
Edelweiss Mid CapEdelweiss Mid Cap Fund (Direct)
JM Mid CapJM Mid Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Edelweiss Mid Cap vs JM Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Mid Cap Fund (Direct) | JM Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.99% | −0.08% |
| Standard deviation | 15.55% | 18.23% |
| Sharpe ratio | -0.47 | -0.29 |
| Sortino ratio | -0.62 | -0.40 |
| Maximum drawdown | −12.8% (23-03-2026) | −15.2% (23-03-2026) |
| Beta | 0.93 | 1.06 |
| Alpha | +1.66% | +4.83% |
From daily NAVs, 30-10-2025 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.
| Measure | Edelweiss Mid Cap Fund (Direct) | JM Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +18.99% | +17.31% |
| Standard deviation | 16.54% | 17.89% |
| Sharpe ratio | 0.78 | 0.63 |
| Sortino ratio | 1.06 | 0.85 |
| Maximum drawdown | −20.1% (28-02-2025) | −22.5% (28-02-2025) |
| Beta | 0.95 | 1.00 |
| Alpha | +5.58% | +3.48% |
From daily NAVs, 30-10-2023 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.
| Measure | Edelweiss Mid Cap Fund (Direct) | JM Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.07% | +20.35% |
| Standard deviation | 16.98% | 16.62% |
| Sharpe ratio | 0.81 | 0.85 |
| Sortino ratio | 1.08 | 1.15 |
| Maximum drawdown | −39.2% (23-03-2020) | −22.5% (28-02-2025) |
| Beta | 0.94 | 0.99 |
| Alpha | +2.72% | +4.21% |
From daily NAVs, 28-11-2016 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.
Edelweiss Mid Cap Fund (Direct)
JM Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Mid Cap Fund (Direct) | −20.1% | 16-12-2024 | 28-02-2025 | 30-06-2025 | 4 months | −9.8% |
| JM Mid Cap Fund (Direct) | −22.5% | 24-09-2024 | 28-02-2025 | 15-06-2026 | 16 months | −10.1% |
| Nifty Midcap 150 TRI | −20.9% | 24-09-2024 | 28-02-2025 | 12-11-2025 | 8 months | −10.5% |
From daily values since 25-11-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Mid Cap Fund (Direct)
JM Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Mid Cap Fund (Direct)
JM Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Mid Cap Fund (Direct) | 100% | 86% | 4.30% |
| JM Mid Cap Fund (Direct) | 107% | 91% | 6.15% |
From month-end values since 25-11-2022. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Edelweiss Mid Cap vs JM Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Mid Cap Fund, September 2026; JM Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 28.6%
- Held by both
- 30
- Only in Edelweiss Mid Cap
- 75
- Only in JM Mid Cap
- 42
| Security | % of Edelweiss Mid Cap | % of JM Mid Cap |
|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 2.70% | 2.28% |
| Marico Ltd. | 1.92% | 2.74% |
| IDFC First Bank Ltd. | 1.68% | 2.84% |
| Bharat Forge Ltd. | 1.63% | 2.24% |
| Radico Khaitan Ltd. | 1.72% | 1.51% |
| Ashok Leyland Ltd. | 1.48% | 2.27% |
| AU Small Finance Bank Ltd. | 1.52% | 1.43% |
| Dixon Technologies (India) Ltd. | 1.37% | 1.47% |
| Bharat Heavy Electricals Ltd. | 1.31% | 1.50% |
| JK Cement Ltd. | 1.03% | 1.81% |
| Prestige Estates Projects Ltd. | 1.17% | 1.02% |
| FSN E-Commerce Ventures Ltd. | 0.98% | 0.98% |
| The Indian Hotels Company Ltd. | 1.53% | 0.95% |
| BSE Ltd. | 1.92% | 0.95% |
| Mankind Pharma Ltd. | 0.90% | 2.89% |
| Endurance Technologies Ltd. | 0.86% | 1.71% |
| Sumitomo Chemical India Ltd. | 0.69% | 1.01% |
| Exide Industries Ltd. | 0.69% | 0.84% |
| Billionbrains Garage Ventures Ltd. | 0.68% | 1.41% |
| 360 One Wam Ltd. | 0.66% | 1.58% |
| PB Fintech Ltd. | 0.62% | 0.74% |
| Lenskart Solutions Ltd. | 0.59% | 2.21% |
| Swiggy Ltd. | 0.58% | 0.58% |
| Hero MotoCorp Ltd. | 0.47% | 1.01% |
| SRF Ltd. | 0.45% | 1.61% |
| Hindustan Petroleum Corporation Ltd. | 1.02% | 0.42% |
| Thermax Ltd. | 0.41% | 1.22% |
| Coromandel International Ltd. | 0.56% | 0.38% |
| Apar Industries Ltd. | 0.32% | 1.18% |
| Navin Fluorine International Ltd. | 0.29% | 0.58% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.6% means 28.6% 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 Edelweiss Mid Cap Fund
| Security | % of fund |
|---|---|
| The Federal Bank Ltd. | 3.06% |
| Solar Industries India Ltd. | 2.09% |
| City Union Bank Ltd. | 2.02% |
| Persistent Systems Ltd. | 1.99% |
| Coforge Ltd. | 1.98% |
Largest holdings only in JM Mid Cap Fund
| Security | % of fund |
|---|---|
| One 97 Communications Limited | 3.60% |
| AVALON TECHNOLOGIES LIMITED | 3.08% |
| Godfrey Phillips India Limited | 2.86% |
| Bank of Maharashtra | 2.81% |
| Glenmark Pharmaceuticals Limited | 2.66% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Mid Cap | JM Mid Cap |
|---|---|---|
| Equity | 97.1% | 98.4% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.9% | 1.6% |
Market cap of stocks
| Market cap | Edelweiss Mid Cap | JM Mid Cap |
|---|---|---|
| Large Cap | 16.2% | 4.9% |
| Mid Cap | 65.7% | 67.6% |
| Small Cap | 14.9% | 24.4% |
| Not on AMFI's list | 0.3% | 1.5% |
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 | Edelweiss Mid Cap | JM Mid Cap |
|---|---|---|
| Pharmaceuticals & Biotechnology | 6.0% | 12.4% |
| Banks | 11.0% | 7.9% |
| Auto Components | 7.7% | 10.1% |
| Electrical Equipment | 4.5% | 9.1% |
| Capital Markets | 7.8% | 8.7% |
| Retailing | 5.2% | 5.0% |
| Industrial Products | 5.2% | 1.9% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Mid Cap vs JM Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Mid Cap Fund | JM Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.68% | 0.96% |
| Base expense ratio (Direct) | 0.41% | 0.57% |
| Total expense ratio (Regular) | 1.87% | 2.47% |
| Base expense ratio (Regular) | 1.42% | 1.87% |
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 Edelweiss Mid Cap with
Edelweiss Mid Cap Fund vs JM Mid Cap Fund: Frequently Asked Questions
What is the difference between Edelweiss Mid Cap Fund and JM Mid Cap Fund?
Both are Mid Cap funds, run by Edelweiss Mutual Fund and JM Financial Mutual Fund. Their portfolios overlap 28.6%. Edelweiss Mid Cap Fund charges 0.68% a year and JM Mid Cap Fund 0.96%.
Which has given higher returns, Edelweiss Mid Cap Fund or JM Mid Cap Fund?
Over 1 year: Edelweiss Mid Cap Fund −1.99%, JM Mid Cap Fund −0.08%. Over 3 years: Edelweiss Mid Cap Fund +18.99% a year, JM Mid Cap Fund +17.31% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Mid Cap Fund or JM Mid Cap Fund?
Edelweiss Mid Cap Fund charges less: 0.68% a year against 0.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Mid Cap Fund and JM Mid Cap Fund overlap?
28.6%. They hold 30 of the same securities, the largest shared ones being MCX, MARICO, IDFCFIRSTB. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Mid Cap Fund or JM Mid Cap Fund?
On SEBI's riskometer, Edelweiss Mid Cap Fund is rated Very High and JM Mid Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 16.54% and 17.89% a year.
Which is better for SIP, Edelweiss Mid Cap Fund or JM Mid Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,14,756 in Edelweiss Mid Cap Fund (XIRR 7.4% a year) and ₹4,13,587 in JM Mid Cap Fund (XIRR 7.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Mid Cap Fund and JM Mid Cap Fund?
Yes. 28.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Mid Cap Fund and JM Mid Cap Fund?
Edelweiss Mid Cap Fund: Trideep Bhattacharya, Dhruv Bhatia, Mehul Dalmia. JM Mid Cap Fund: Satish Ramanathan, Asit Bhandarkar, Deepak Gupta, 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.