JM Flexi Cap Fund is a Flexi Cap fund run by JM Financial Mutual Fund. On 30-09-2026, it managed ₹5,036 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 13.1% a year and its Regular plan returned 11.6% a year. Its benchmark, BSE 500 TRI, returned 9.9% a year over the same 3 years.
NAV (Direct plan)
₹108.04
▼ 1.12% · 30-10-2026
NAV (Regular plan)
₹93.47
▼ 1.12% · 30-10-2026
Expense ratio
1.09%Direct2.31%Regular
1.09%
A year
Riskometer
Very High
Set by the fund house
3 year return
13.1%Direct11.6%Regular
13.1%
A year
JM Flexi Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹108.04 (down 1.12% that day); Regular Plan Growth ₹93.47 (down 1.12% that day).
This fund (Direct plan)
₹108.0429
JM Flexi Cap Fund Returns vs BSE 500 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−3.51%
−4.36%
+1.11%
−5.28%
+13.05%
+13.89%
+15.31%
This fund (Regular)
−3.61%
−4.65%
+0.50%
−6.43%
+11.56%
+12.58%
+14.14%
BSE 500 TRI
−0.87%
−6.09%
−2.95%
−7.66%
+9.89%
+8.65%
+12.51%
Flexi Cap average
−1.62%
−4.17%
+1.00%
−3.58%
+12.37%
+10.04%
+13.13%
Best in Flexi Cap
+0.85%
−0.17%
+8.85%
+6.40%
+18.32%
+15.53%
+18.28%
Worst in Flexi Cap
−6.55%
−8.89%
−7.46%
−10.21%
+6.61%
+3.93%
+9.31%
Rank in Flexi Cap
42/46
23/44
22/44
25/42
15/36
3/27
3/18
Category rows compare the Direct plans of 46 Flexi Cap funds. Rank 1 is the highest return.
JM Flexi Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
BSE 500 TRI
2026to date
−2.66%
−3.63%
−7.81%
2025
−5.65%
−6.83%
+7.63%
2024
+35.27%
+33.26%
+15.81%
2023
+41.55%
+39.99%
+26.55%
2022
+8.69%
+7.84%
+4.77%
2021
+33.98%
+32.94%
+31.63%
JM Flexi Cap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,667 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−10%0%10%20%30%40%
JM Flexi Cap Fund (Direct)
BSE 500 TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
JM Flexi Cap Fund (Direct)BSE 500 TRI
1%
2%
Below 0%
5%
4%
0-5%
3%
8%
5-10%
21%
37%
10-15%
29%
34%
15-20%
19%
12%
20-25%
23%
3%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,154
14.5%
−22.9%
82.5%
22%
11.3%
63%
2 years
2,912
19.2%
−9.0%
51.7%
7%
15.5%
75%
3 years
2,667
18.3%
−3.0%
34.1%
1%
14.9%
88%
5 years
2,174
17.7%
2.7%
32.0%
0%
14.9%
94%
7 years
1,684
17.4%
10.5%
21.6%
0%
14.3%
100%
10 years
941
18.2%
15.0%
22.3%
0%
14.6%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
16.3%
−38.8%
81.0%
25%
12.7%
60%
2 years
142
16.2%
−18.8%
58.4%
10%
12.4%
63%
3 years
130
18.9%
−11.9%
44.1%
4%
14.9%
75%
5 years
106
17.4%
−0.8%
36.3%
1%
15.4%
90%
7 years
82
17.9%
5.4%
28.8%
0%
15.5%
99%
10 years
46
19.1%
15.4%
23.9%
0%
15.3%
100%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE 500 TRI over the same days. Past returns do not promise future returns.
JM Flexi Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
JM Flexi Cap Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
−5.28%
−7.66%
Standard deviation
15.20%
14.32%
Sharpe ratio
-0.69
-0.90
Sortino ratio
-0.91
-1.19
Maximum drawdown
−16.2%
(31-03-2026)
−14.8%
(30-03-2026)
Beta
1.03
1.00
Alpha
+2.72%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
JM Flexi Cap Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
+13.05%
+9.89%
Standard deviation
15.74%
14.19%
Sharpe ratio
0.45
0.27
Sortino ratio
0.59
0.37
Maximum drawdown
−22.6%
(31-03-2026)
−18.7%
(28-02-2025)
Beta
1.05
1.00
Alpha
+2.95%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
JM Flexi Cap Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
+13.89%
+8.65%
Standard deviation
15.35%
14.29%
Sharpe ratio
0.53
0.20
Sortino ratio
0.71
0.27
Maximum drawdown
−22.6%
(31-03-2026)
−18.7%
(28-02-2025)
Beta
1.03
1.00
Alpha
+5.17%
0.00%
From daily NAVs, 29-10-2021 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
JM Flexi Cap Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
+15.31%
+12.51%
Standard deviation
16.75%
16.03%
Sharpe ratio
0.59
0.44
Sortino ratio
0.80
0.59
Maximum drawdown
−35.0%
(23-03-2020)
−38.1%
(23-03-2020)
Beta
0.99
1.00
Alpha
+2.85%
0.00%
From daily NAVs, 28-10-2016 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
JM Flexi Cap Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
+16.00%
+12.82%
Standard deviation
17.02%
15.77%
Sharpe ratio
0.58
0.43
Sortino ratio
0.80
0.58
Maximum drawdown
−35.0%
(23-03-2020)
−38.1%
(23-03-2020)
Beta
1.02
1.00
Alpha
+3.03%
0.00%
From daily NAVs, 02-01-2013 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−40%−30%−20%−10%0%
JM Flexi Cap Fund (Direct)
BSE 500 TRI
2014201620182020202220242026
JM Flexi Cap Fund (Direct)BSE 500 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
JM Flexi Cap Fund (Direct)
−35.0%
12-02-2020
23-03-2020
24-11-2020
8 months
−12.5%
BSE 500 TRI
−38.1%
17-01-2020
23-03-2020
06-11-2020
7 months
−9.4%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and BSE 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
JM Flexi Cap Fund vs Other Flexi Cap Funds
The five Flexi Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
JM Flexi Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 21-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Flexi Cap median
Cost rank (1 = cheapest)
Direct
0.57%
0.13%
0.01%
0.38%
1.09%
0.96%
29/46
Regular
1.61%
0.13%
0.01%
0.56%
2.31%
2.19%
29/46
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Flexi Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−6.43%
−5.28%
1.15%
₹93,570
₹94,720
3 years
11.56%
13.05%
1.49% a year
₹1,38,843
₹1,44,481
5 years
12.58%
13.89%
1.31% a year
₹1,80,845
₹1,91,614
10 years
14.14%
15.31%
1.17% a year
₹3,75,300
₹4,15,594
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
JM Flexi Cap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planJM Flexi Cap Fund (Direct)
₹16,60,000
₹56,06,552
₹39,46,552
16.2%
Regular planJM Flexi Cap Fund (Regular)
₹16,60,000
₹50,73,336
₹34,13,336
14.9%
BSE 500 TRI
₹16,60,000
₹42,30,102
₹25,70,102
12.6%
Category averageCategory average, 46 Flexi Cap funds
₹16,60,000
₹48,38,049
₹31,78,049
14.3%
₹0₹20.0 L₹40.0 L₹60.0 L₹80.0 L
Direct planJM Flexi Cap Fund (Direct)
Regular planJM Flexi Cap Fund (Regular)
BSE 500 TRI
Category averageCategory average, 46 Flexi Cap funds
Amount invested
2014201620182020202220242026
Direct planJM Flexi Cap Fund (Direct)Regular planJM Flexi Cap Fund (Regular)BSE 500 TRICategory averageCategory average, 46 Flexi Cap fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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.
JM Flexi Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
97.7%Equity
Asset
Fund
Category
Equity
97.7%
94.3%
Cash and others
2.3%
4.6%
Market cap of stocks
Market cap
Fund
Category
Large Cap
49.4%
51.2%
Mid Cap
15.6%
19.0%
Small Cap
29.4%
21.9%
Not on AMFI's list
3.3%
1.9%
Share of the whole fund. Category: the average of the Flexi Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
JM Flexi Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks15.0%
Auto Components7.3%
Electrical Equipment5.1%
Pharmaceuticals & Biotechnology4.6%
Financial Technology (Fintech)4.5%
Finance4.5%
Consumer Durables4.3%
Automobiles3.9%
Capital Markets3.9%
IT - Software3.5%
The ten largest of 36 sectors. The other 26 add up to 41.0%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
17.9%
15.6%
15.0%
−2.9%
Auto Components
6.8%
5.7%
7.3%
+0.5%
Electrical Equipment
5.3%
5.0%
5.1%
−0.2%
Pharmaceuticals & Biotechnology
4.5%
4.2%
4.6%
+0.1%
Financial Technology (Fintech)
3.8%
4.6%
4.5%
+0.7%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
JM Flexi Cap Fund Portfolio Holdings
As on 30-09-2026 · 89 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
ICICI Bank Limited
Banks
4.44%
+21.5%
State Bank of India
Banks
3.42%
+20.1%
Shriram Finance Limited
Finance
2.66%
+10.4%
Reliance Industries Limited
Petroleum Products
2.65%
+10.8%
HDFC Bank Limited
Banks
2.55%
−14.2%
Pine Labs Limited
Financial Technology (Fintech)
2.40%
+22.4%
Larsen & Toubro Limited
Construction
2.37%
−11.2%
Bharti Airtel Limited
Telecom - Services
2.23%
0.0%
Mahindra & Mahindra Limited
Automobiles
2.22%
0.0%
One 97 Communications Limited
Financial Technology (Fintech)
2.12%
−25.9%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
2.12%
0.0%
Godfrey Phillips India Limited
Cigarettes & Tobacco Products
2.06%
0.0%
Apollo Hospitals Enterprise Limited
Healthcare Services
1.98%
+8.9%
Samvardhana Motherson International Ltd
Auto Components
1.96%
0.0%
Redington Limited
Commercial Services & Supplies
1.82%
−10.0%
Sona BLW Precision Forgings Limited
Auto Components
1.80%
+4.8%
Garware Hi-Tech Films Ltd
Industrial Products
1.67%
−11.2%
Bharat Heavy Electricals Limited
Electrical Equipment
1.65%
0.0%
Arvind Limited
Textiles & Apparels
1.60%
0.0%
LG Electronics India Limited
Consumer Durables
1.43%
0.0%
IDFC First Bank Limited
Banks
1.43%
0.0%
Eternal Limited
Retailing
1.40%
0.0%
Adani Enterprises Limited
Metals & Minerals Trading
1.38%
0.0%
Tata Motors Limited
Agricultural, Commercial & Construction Vehicles
1.34%
0.0%
Ujjivan Small Finance Bank Limited
Banks
1.34%
0.0%
Maruti Suzuki India Limited
Automobiles
1.31%
+10.0%
Star Health and Allied Insurance Co Ltd
Insurance
1.29%
0.0%
InterGlobe Aviation Limited
Transport Services
1.24%
0.0%
Multi Commodity Exchange of India Ltd.
Capital Markets
1.22%
0.0%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.21%
0.0%
Tech Mahindra Limited
IT - Software
1.21%
−33.4%
Billionbrains Garage Ventures Ltd.
Capital Markets
1.20%
0.0%
Exide Industries Limited
Auto Components
1.19%
+47.6%
Bajaj Finance Limited
Finance
1.17%
0.0%
Navin Fluorine International Limited
Chemicals & Petrochemicals
1.17%
0.0%
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD.
Electrical Equipment
1.16%
0.0%
Neogen Chemicals Ltd
Chemicals & Petrochemicals
1.11%
+94.6%
Shadowfax Technologies Limited
Transport Services
1.07%
−8.6%
Infosys Limited
IT - Software
1.07%
−37.6%
Honasa Consumer Limited
Personal Products
1.06%
+19.2%
Bosch Limited
Auto Components
1.03%
0.0%
360 ONE WAM LIMITED
Capital Markets
1.02%
0.0%
Hindustan Zinc Limited
Non - Ferrous Metals
1.01%
New
Adani Port & Special Economic Zone Ltd
Transport Infrastructure
1.01%
0.0%
EQUITAS SMALL FINANCE BANK LIMITED
Banks
0.94%
0.0%
Life Insurance Corporation Of India
Insurance
0.94%
0.0%
Horizon Industrial Parks Limited
Realty
0.92%
0.0%
Hero Motors Limited
Auto Components
0.90%
New
Bandhan Bank Limited
Banks
0.88%
0.0%
Amber Enterprises India Limited
Consumer Durables
0.83%
+26.0%
Tata Consultancy Services Limited
IT - Software
0.81%
−46.0%
NTPC Limited
Power
0.81%
−24.8%
Trent Limited
Retailing
0.78%
−18.4%
Lenskart Solutions Limited
Retailing
0.76%
New
Emmvee Photovoltaic Power Limited
Electrical Equipment
0.74%
0.0%
Diamond Power Infrastructure Limited
Electrical Equipment
0.70%
−10.7%
Lodha Developers Limited
Realty
0.68%
New
Bosch Home Comfort India Limited
Consumer Durables
0.65%
0.0%
Manappuram Finance Limited
Finance
0.64%
0.0%
One Source Specialty Pharma Ltd
Pharmaceuticals & Biotechnology
0.62%
+5.1%
ESDS Software Solution Limited
IT - Services
0.56%
0.0%
CarTrade Tech Limited
Retailing
0.53%
−14.1%
Adani Green Energy Limited
Power
0.51%
New
BLUE STAR LTD
Consumer Durables
0.49%
New
Asian Paints Limited
Consumer Durables
0.48%
−33.3%
Restaurant Brands Asia Limited
Leisure Services
0.46%
−19.0%
GE Vernova T&D India Limited
Electrical Equipment
0.46%
+15.7%
Aarti Industries Limited
Chemicals & Petrochemicals
0.45%
0.0%
Fractal Analytics Limited
IT - Software
0.45%
+39.0%
SBI Funds Management Ltd
Capital Markets
0.45%
0.0%
Coromandel International Limited
Fertilizers & Agrochemicals
0.45%
0.0%
Clean Science and Technology Limited
Chemicals & Petrochemicals
0.44%
−4.0%
OPTIEMUS INFRACOM LIMITED
Telecom - Equipment & Accessories
0.43%
0.0%
Chennai Petroleum Corporation Ltd.
Petroleum Products
0.43%
New
BELRISE INDUSTRIES LIMITED
Auto Components
0.42%
+29.9%
Ola Electric Mobility Limited
Automobiles
0.41%
0.0%
TITAGARH RAIL SYSTEMS LIMITED
Industrial Manufacturing
0.41%
0.0%
Elecon Engineering Company Limited
Electrical Equipment
0.37%
0.0%
Radico Khaitan Limited
Beverages
0.36%
New
Cohance Lifesciences Limited
Pharmaceuticals & Biotechnology
0.35%
0.0%
GRAPHITE INDIA LTD
Industrial Products
0.34%
New
SUBROS LIMITED
Industrial Products
0.34%
−2.8%
Aurobindo Pharma Limited
Pharmaceuticals & Biotechnology
0.33%
New
Shaily Engineering Plastics Limited
Consumer Durables
0.32%
0.0%
LEAP India Limited
Commercial Services & Supplies
0.31%
0.0%
Netweb Technologies India Limited
IT - Services
0.29%
0.0%
Vodafone Idea Limited
Telecom - Services
0.26%
New
Varmora Granito Limited
Consumer Durables
0.11%
New
INDIA CEMENTS LTD
Cement & Cement Products
0.08%
−65.9%
JM Flexi Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
ICICI Bank Limited
↑Added
+21.5%
4.44%
State Bank of India
↑Added
+20.1%
3.42%
HDFC Bank Limited
↓Reduced
−14.2%
2.55%
One 97 Communications Limited
↓Reduced
−25.9%
2.12%
Larsen & Toubro Limited
↓Reduced
−11.2%
2.37%
Shriram Finance Limited
↑Added
+10.4%
2.66%
Reliance Industries Limited
↑Added
+10.8%
2.65%
Pine Labs Limited
↑Added
+22.4%
2.40%
Apollo Hospitals Enterprise Limited
↑Added
+8.9%
1.98%
Infosys Limited
↓Reduced
−37.6%
1.07%
Tech Mahindra Limited
↓Reduced
−33.4%
1.21%
Garware Hi-Tech Films Ltd
↓Reduced
−11.2%
1.67%
Redington Limited
↓Reduced
−10.0%
1.82%
Sona BLW Precision Forgings Limited
↑Added
+4.8%
1.80%
Tata Consultancy Services Limited
↓Reduced
−46.0%
0.81%
Maruti Suzuki India Limited
↑Added
+10.0%
1.31%
Coforge Limited
↓Sold out
−100%
was 1.25%
Exide Industries Limited
↑Added
+47.6%
1.19%
Neogen Chemicals Ltd
↑Added
+94.6%
1.11%
Shadowfax Technologies Limited
↓Reduced
−8.6%
1.07%
Honasa Consumer Limited
↑Added
+19.2%
1.06%
NTPC Limited
↓Reduced
−24.8%
0.81%
Axis Bank Limited
↓Sold out
−100%
was 1.03%
Hindustan Zinc Limited
↑New
New
1.01%
Trent Limited
↓Reduced
−18.4%
0.78%
Hero MotoCorp Limited
↓Sold out
−100%
was 0.95%
Hero Motors Limited
↑New
New
0.90%
Amber Enterprises India Limited
↑Added
+26.0%
0.83%
Lenskart Solutions Limited
↑New
New
0.76%
Asian Paints Limited
↓Reduced
−33.3%
0.48%
Diamond Power Infrastructure Limited
↓Reduced
−10.7%
0.70%
Tata Motors Passenger Vehicles Limited
↓Sold out
−100%
was 0.71%
Eicher Motors Limited
↓Sold out
−100%
was 0.68%
Lodha Developers Limited
↑New
New
0.68%
One Source Specialty Pharma Ltd
↑Added
+5.1%
0.62%
CarTrade Tech Limited
↓Reduced
−14.1%
0.53%
Restaurant Brands Asia Limited
↓Reduced
−19.0%
0.46%
Adani Green Energy Limited
↑New
New
0.51%
BLUE STAR LTD
↑New
New
0.49%
GE Vernova T&D India Limited
↑Added
+15.7%
0.46%
Punjab National Bank
↓Sold out
−100%
was 0.46%
Clean Science and Technology Limited
↓Reduced
−4.0%
0.44%
Fractal Analytics Limited
↑Added
+39.0%
0.45%
Chennai Petroleum Corporation Ltd.
↑New
New
0.43%
ICRA LIMITED
↓Sold out
−100%
was 0.42%
BELRISE INDUSTRIES LIMITED
↑Added
+29.9%
0.42%
Radico Khaitan Limited
↑New
New
0.36%
United Spirits Limited
↓Sold out
−100%
was 0.35%
GRAPHITE INDIA LTD
↑New
New
0.34%
SUBROS LIMITED
↓Reduced
−2.8%
0.34%
Aurobindo Pharma Limited
↑New
New
0.33%
INDIA CEMENTS LTD
↓Reduced
−65.9%
0.08%
Vodafone Idea Limited
↑New
New
0.26%
Varmora Granito Limited
↑New
New
0.11%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
JM Flexi Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.09%
Expense ratio (Regular)
2.31%
Category
Flexi Cap
Risk
Very High
Benchmark
BSE 500 TRI
Launch date
23-09-2008
Minimum investment
₹1,000
Minimum additional investment
₹100
AUM
₹5,036.45 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
120492
ISIN (Direct)
INF192K01CC7
Scheme code (Regular)
109522
ISIN (Regular)
INF192K01635
NAV history
From 02-01-2013, 13.8 years
Exit load
Exit load of 1%, if redeemed within 30 days.
Tax on JM Flexi Cap Fund returns
JM Flexi Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹108.0429
30-10-2026
direct
IDCW
₹98.2057
30-10-2026
regular
Growth
₹93.4744
30-10-2026
regular
IDCW
₹72.0292
30-10-2026
About JM Flexi Cap Fund
JM Flexi Cap Fund is a mutual fund from JM Financial Mutual Fund. Its category is Flexi Cap. It was launched on 23-09-2008. Its benchmark is BSE 500 TRI. At the end of September 2026 it held 89 securities.
Fund Manager
Satish Ramanathan
Fund manager of JM Flexi Cap Fund, since 20-08-2021
Asit Bhandarkar
Fund manager of JM Flexi Cap Fund, since 01-10-2024
Deepak Gupta
Fund manager of JM Flexi Cap Fund, since 11-04-2025
Ruchi Fozdar
Fund manager of JM Flexi Cap Fund, since 04-10-2024
The Direct plan NAV is ₹108.0429. The Regular plan NAV is ₹93.4744, as on 30-10-2026.
What are the returns of JM Flexi Cap Fund?
The Direct plan returned −5.28% in 1 year, +13.05% a year over 3 years, +13.89% a year over 5 years. The Regular plan returned −6.43% in 1 year, +11.56% a year over 3 years, +12.58% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of JM Flexi Cap Fund?
The Direct plan charges 1.09% a year. The Regular plan charges 2.31% a year. This is the figure the fund house reported to AMFI, in force from 21-10-2026.
What is the AUM of JM Flexi Cap Fund?
JM Flexi Cap Fund managed ₹5,036.45 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of JM Flexi Cap Fund?
At the end of September 2026 the largest holdings were ICICIBANK (4.44%), SBIN (3.42%), SHRIRAMFIN (2.66%), RELIANCE (2.65%), HDFCBANK (2.55%). The fund held 89 securities in all.
What did JM Flexi Cap Fund buy and sell in September 2026?
It bought 12 new stocks: Hero Motors Limited, Varmora Granito Limited, Chennai Petroleum Corporation Ltd, Hindustan Zinc Limited, Adani Green Energy Limited. It sold out of 8: Eicher Motors Limited, Tata Motors Passenger Vehicles Limited, Hero MotoCorp Limited, Punjab National Bank, Axis Bank Limited. It added shares in 16. It reduced 18.
How do I invest in JM Flexi Cap Fund?
Through JM Financial Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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