ICICI Prudential Active Momentum Fund vs JM Large Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Active Momentum Fund is a Thematic fund and JM Large Cap Fund is a Large Cap fund. In the year to 30-10-2026, ICICI Prudential Active Momentum Fund (Direct) returned −2.8% and JM Large Cap Fund (Direct) returned −5.7%. ICICI Prudential Active Momentum Fund charges 1.82% a year and JM Large Cap Fund 1.19% (Direct plans). Their portfolios overlap 27.1%: they hold 15 of the same securities.
ICICI Prudential Active Momentum Fund
Thematic
- 1 year return
- −2.8%
- Expense ratio
- 1.82%
- NAV
- ₹10.11
Which is better, ICICI Prudential Active Momentum 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.
- ICICI Prudential Active Momentum returned more over 1 year: −2.8% against −5.7%.
- JM Large Cap costs less: 1.19% a year against 1.82% (Direct plans).
- ICICI Prudential Active Momentum fell less in its worst fall since 28-07-2025: −11.7% against −14.5%.
- JM Large Cap holds more in large companies: 81.1% of the fund in large caps against 44.2%.
- ICICI Prudential Active Momentum is the larger fund: ₹2,097 Cr against ₹356 Cr.
- Their portfolios overlap 27.1%: 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 | ICICI Prudential Active Momentum Fund | JM Large Cap Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | JM Financial Mutual Fund |
| Category | Thematic | Large Cap |
| AUM | ₹2,097 Cr (30-09-2026) | ₹356 Cr (30-09-2026) |
| NAV | ₹10.11 (Direct) | ₹171.67 (Direct) |
| Expense ratio (Direct) | 1.82% | 1.19% |
| Expense ratio (Regular) | 2.87% | 2.67% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty 500 TRI | BSE 100 TRI |
| Launch date | 25-07-2025 | 01-04-1995 |
| Minimum investment | ₹500 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Manasvi Shah, Sharmila D'silva | Deepak Gupta, Asit Bhandarkar, Satish Ramanathan, Ruchi Fozdar |
| Exit load | Exit load of 1% if redeemed within 1 month. | Exit load of 1%, if redeemed within 30 days. |
ICICI Prudential Active Momentum 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Active Momentum Fund (Direct) | −5.78% | −6.48% | −4.89% | −2.79% | -- | -- | -- |
| JM Large Cap Fund (Direct) | +0.56% | −3.71% | +0.05% | −5.72% | +10.48% | +9.46% | +11.44% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
Category average: the average of the 235 Thematic funds and the 35 Large Cap funds, same plan type.
ICICI Prudential Active Momentum vs JM Large Cap: Year-wise Returns
| Year | ICICI Prudential Active MomentumICICI Prudential Active Momentum | JM Large CapJM Large Cap |
|---|---|---|
| 2026to date | −5.51% | −6.23% |
| 2025 | -- | +5.51% |
| 2024 | -- | +16.81% |
| 2023 | -- | +30.52% |
| 2022 | -- | +4.17% |
| 2021 | -- | +24.56% |
ICICI Prudential Active Momentum vs JM Large Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of ICICI Prudential Active Momentum Fund
Rolling returns
Every 1-year holding period, 64 of them, one for each trading day from 28-07-2026 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.
ICICI Prudential Active Momentum Fund (Direct)
JM Large Cap Fund (Direct)
Nifty 500 TRI
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Active Momentum | 9.4 | 9.4 | 43.8 | 37.5 | 0.0 | 0.0 | 0.0 | 7.8% | 8.8% | −4.2% | 13.6% | 100% |
| JM Large Cap | 46.9 | 32.8 | 20.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5% | 1.2% | −8.4% | 8.3% | 91% |
| Nifty 500 TRI | 48.4 | 35.9 | 15.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0% | 0.7% | −9.0% | 6.8% | -- |
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 500 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 28-07-2025. Past returns do not promise future returns.
ICICI Prudential Active Momentum vs JM Large 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 28-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Active MomentumICICI Prudential Active Momentum Fund (Direct) | ₹1,60,000 | ₹1,54,526 | −₹5,474 | −4.9% |
| JM Large CapJM Large Cap Fund (Direct) | ₹1,60,000 | ₹1,56,689 | −₹3,311 | −2.9% |
ICICI Prudential Active MomentumICICI Prudential Active Momentum Fund (Direct)
JM Large CapJM Large 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.
ICICI Prudential Active Momentum vs JM Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Active Momentum Fund (Direct) | JM Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.79% | −5.72% |
| Standard deviation | 14.02% | 14.51% |
| Sharpe ratio | -0.57 | -0.76 |
| Sortino ratio | -0.74 | -1.01 |
| Maximum drawdown | −11.7% (23-10-2026) | −14.5% (31-03-2026) |
| Beta | 0.90 | 1.02 |
| Alpha | +3.26% | +3.51% |
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 | ICICI Prudential Active Momentum Fund (Direct) | JM Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.95% | +11.86% |
| Standard deviation | 12.85% | 13.37% |
| Sharpe ratio | -0.34 | 0.43 |
| Sortino ratio | -0.44 | 0.60 |
| Maximum drawdown | −11.7% (23-10-2026) | −19.8% (28-02-2025) |
| Beta | 0.87 | 0.77 |
| Alpha | +2.42% | +1.17% |
From daily NAVs, 28-07-2025 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.
ICICI Prudential Active Momentum Fund (Direct)
JM Large Cap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Active Momentum Fund (Direct) | −11.7% | 25-08-2026 | 23-10-2026 | Not yet | -- | −9.9% |
| JM Large Cap Fund (Direct) | −14.5% | 02-01-2026 | 31-03-2026 | Not yet | -- | −7.4% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 28-07-2025, 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.
ICICI Prudential Active Momentum Fund (Direct)
JM Large Cap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Active Momentum Fund (Direct) | 103% | 85% | 7.07% |
| JM Large Cap Fund (Direct) | 104% | 93% | 2.93% |
From month-end values since 28-07-2025. 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.
ICICI Prudential Active Momentum vs JM Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Active Momentum Fund, September 2026; JM Large Cap Fund, September 2026
Holdings in common
- Overlap
- 27.1%
- Held by both
- 15
- Only in ICICI Prudential Active Momentum
- 31
- Only in JM Large Cap
- 34
| Security | % of ICICI Prudential Active Momentum | % of JM Large Cap |
|---|---|---|
| Axis Bank Ltd. | 3.00% | 2.88% |
| Apollo Hospitals Enterprise Ltd. | 2.53% | 2.70% |
| Bajaj Finance Ltd. | 2.51% | 2.79% |
| Titan Company Ltd. | 2.92% | 2.50% |
| Mahindra & Mahindra Ltd. | 2.99% | 2.47% |
| Eternal Ltd. | 2.62% | 2.03% |
| TVS Motor Company Ltd. | 1.98% | 2.25% |
| Larsen & Toubro Ltd. | 1.95% | 2.90% |
| Cummins India Ltd. | 2.33% | 1.37% |
| Bharat Electronics Ltd. | 2.18% | 1.32% |
| Samvardhana Motherson International Ltd. | 3.76% | 1.24% |
| Tata Steel Ltd. | 2.48% | 1.23% |
| Polycab India Ltd. | 1.93% | 1.12% |
| CG Power and Industrial Solutions Ltd. | 2.00% | 1.10% |
| BSE Ltd. | 1.91% | 0.90% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.1% means 27.1% 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 ICICI Prudential Active Momentum Fund
| Security | % of fund |
|---|---|
| SPR Auto Technologies Ltd. | 2.85% |
| Coal India Ltd. | 2.83% |
| Nippon Life India Asset Management Ltd | 2.55% |
| Radico Khaitan Ltd. | 2.52% |
| FSN E-Commerce Ventures Ltd. | 2.45% |
Largest holdings only in JM Large Cap Fund
| Security | % of fund |
|---|---|
| State Bank of India | 4.56% |
| Bharti Airtel Limited | 3.88% |
| ICICI Bank Limited | 3.56% |
| Reliance Industries Limited | 3.36% |
| Kotak Mahindra Bank Limited | 3.15% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Active Momentum | JM Large Cap |
|---|---|---|
| Equity | 93.7% | 95.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 6.3% | 4.2% |
Market cap of stocks
| Market cap | ICICI Prudential Active Momentum | JM Large Cap |
|---|---|---|
| Large Cap | 44.2% | 81.1% |
| Mid Cap | 23.9% | 13.5% |
| Small Cap | 22.1% | 0.1% |
| Not on AMFI's list | 3.6% | 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 | ICICI Prudential Active Momentum | JM Large Cap |
|---|---|---|
| Banks | 4.7% | 16.9% |
| Industrial Products | 10.6% | 2.5% |
| Auto Components | 9.4% | 1.2% |
| Electrical Equipment | 8.8% | 2.4% |
| Automobiles | 7.4% | 8.3% |
| Retailing | 7.9% | 2.0% |
| Finance | 6.6% | 5.2% |
| Capital Markets | 6.5% | 5.1% |
| Pharmaceuticals & Biotechnology | 1.9% | 6.3% |
| IT - Software | 0.0% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Active Momentum vs JM Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Active Momentum Fund | JM Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.82% | 1.19% |
| Base expense ratio (Direct) | 0.83% | 0.82% |
| Total expense ratio (Regular) | 2.87% | 2.67% |
| Base expense ratio (Regular) | 1.76% | 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 ICICI Prudential Active Momentum with
- ICICI Prudential Active Momentum vs Nippon India Taiwan Equity
- ICICI Prudential Active Momentum vs HDFC Defence
- ICICI Prudential Active Momentum vs HDFC Pharma and Healthcare
- ICICI Prudential Active Momentum vs SBI Healthcare Opportunities
- ICICI Prudential Active Momentum vs Aditya Birla Sun Life International Equity
ICICI Prudential Active Momentum Fund vs JM Large Cap Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Active Momentum Fund and JM Large Cap Fund?
ICICI Prudential Active Momentum Fund is a Thematic fund, JM Large Cap Fund is a Large Cap fund, run by ICICI Prudential Mutual Fund and JM Financial Mutual Fund. Their portfolios overlap 27.1%. ICICI Prudential Active Momentum Fund charges 1.82% a year and JM Large Cap Fund 1.19%.
Which has given higher returns, ICICI Prudential Active Momentum Fund or JM Large Cap Fund?
Over 1 year: ICICI Prudential Active Momentum Fund −2.79%, JM Large Cap Fund −5.72%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Active Momentum Fund or JM Large Cap Fund?
JM Large Cap Fund charges less: 1.19% a year against 1.82%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Active Momentum Fund and JM Large Cap Fund overlap?
27.1%. They hold 15 of the same securities, the largest shared ones being AXISBANK, APOLLOHOSP, BAJFINANCE. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Active Momentum Fund and JM Large Cap Fund?
Yes. 27.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Active Momentum Fund and JM Large Cap Fund?
ICICI Prudential Active Momentum Fund: Manasvi Shah, Sharmila D'silva. 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.