JM Mid Cap Fund

Mid CapDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

JM Mid Cap Fund is a Mid Cap fund run by JM Financial Mutual Fund. On 30-09-2026, it managed ₹1,303 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 17.3% a year and its Regular plan returned 15.4% a year. Its benchmark, Nifty Midcap 150 TRI, returned 13.8% a year over the same 3 years.

NAV (Direct plan): ₹20.79; ▼ 1.49%30-10-2026
NAV (Regular plan): ₹19.43; ▼ 1.49%30-10-2026
Expense ratio: 0.96%Direct2.47%Regular; 0.96%; A year
Riskometer: Very High; Set by the fund house
3 year return: 17.3%Direct15.4%Regular; 17.3%; A year

JM Mid Cap Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹20.79 (down 1.49% that day); Regular Plan Growth ₹19.43 (down 1.49% that day).

This fund (Direct plan)

₹20.7892

JM Mid Cap Fund Returns vs Nifty Midcap 150 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)	−5.08%	−5.86%	+3.24%	−0.08%	+17.31%	--	--
This fund (Regular)	−5.20%	−6.22%	+2.46%	−1.57%	+15.41%	--	--
Nifty Midcap 150 TRI	−3.69%	−8.46%	−3.95%	−4.37%	+13.82%	+13.84%	+15.65%
Mid Cap average	−3.36%	−6.03%	−0.14%	−2.17%	+14.75%	--	--
Best in Mid Cap	−0.88%	−2.09%	+6.81%	+9.56%	+21.77%	--	--
Worst in Mid Cap	−5.08%	−10.11%	−5.44%	−14.14%	+8.47%	--	--
Rank in Mid Cap	34/34	14/33	8/33	9/31	7/29	--	--

Category rows compare the Direct plans of 34 Mid Cap funds. Rank 1 is the highest return.

JM Mid Cap Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty Midcap 150 TRI
2026to date	+3.57%	+2.29%	−4.97%
2025	−1.16%	−2.70%	+5.98%
2024	+37.77%	+35.34%	+24.46%
2023	+47.33%	+44.54%	+44.61%

JM Mid 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 229 periods, one for each trading day from 25-11-2025 to 30-10-2026.

0%5%10%15%20%25%30%

Dec 2022
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026

JM Mid Cap Fund (Direct)Nifty Midcap 150 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	720	12.0%	−6.4%	76.4%	15%	11.4%	63%
2 years	477	22.5%	−0.1%	44.6%	0%	19.9%	86%
3 years	229	24.0%	15.6%	27.9%	0%	22.0%	100%

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	36	18.1%	−20.6%	77.8%	19%	15.5%	58%
2 years	24	13.6%	−6.5%	46.3%	8%	11.4%	75%

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 Nifty Midcap 150 TRI over the same days. Past returns do not promise future returns.

JM Mid Cap Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	JM Mid Cap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	−0.08%	−4.37%
Standard deviation	18.23%	16.59%
Sharpe ratio	-0.29	-0.58
Sortino ratio	-0.40	-0.78
Maximum drawdown	−15.2% (23-03-2026)	−13.9% (30-03-2026)
Beta	1.06	1.00
Alpha	+4.83%	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 Mid Cap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+17.31%	+13.82%
Standard deviation	17.89%	17.08%
Sharpe ratio	0.63	0.46
Sortino ratio	0.85	0.61
Maximum drawdown	−22.5% (28-02-2025)	−20.9% (28-02-2025)
Beta	1.00	1.00
Alpha	+3.48%	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 Mid Cap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+20.35%	+16.20%
Standard deviation	16.62%	15.98%
Sharpe ratio	0.85	0.63
Sortino ratio	1.15	0.84
Maximum drawdown	−22.5% (28-02-2025)	−20.9% (28-02-2025)
Beta	0.99	1.00
Alpha	+4.21%	0.00%

From daily NAVs, 25-11-2022 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.

−25%−20%−15%−10%−5%0%

2023202420252026

JM Mid Cap Fund (Direct)Nifty Midcap 150 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
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 the Direct plan's daily NAV since 25-11-2022, adjusted for unit splits, and Nifty Midcap 150 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

JM Mid Cap Fund vs Other Mid Cap Funds

The five Mid Cap funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Invesco India Mid cap Fund	1/29	15,749	0.77%	−0.48%	+21.77%	+8.73%	0.93	0.92	1.29	Compare
HSBC Midcap Fund	2/29	16,800	1.11%	+9.56%	+21.64%	+7.52%	1.04	0.83	1.12	Compare
WhiteOak Capital Mid Cap Fund	3/29	7,540	0.93%	+3.63%	+20.42%	+7.68%	0.90	0.91	1.24	Compare
ICICI Prudential Mid Cap Fund	4/29	7,961	1.10%	+0.90%	+19.38%	+5.47%	1.01	0.75	1.01	Compare
Edelweiss Mid Cap Fund	5/29	19,230	0.68%	−1.99%	+18.99%	+5.58%	0.95	0.78	1.06	Compare
JM Mid Cap Fund	7/29	1,303	0.96%	−0.08%	+17.31%	+3.48%	1.00	0.63	0.85

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 Mid Cap Fund Expense Ratio and Costs

What each plan charges a year, in force from 23-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Mid Cap median	Cost rank (1 = cheapest)
Direct	0.57%	0.09%	0.01%	0.29%	0.96%	0.95%	18/34
Regular	1.87%	0.09%	0.01%	0.50%	2.47%	2.02%	28/34

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 Mid 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	−1.57%	−0.08%	1.49%	₹98,430	₹99,920
3 years	15.41%	17.31%	1.90% a year	₹1,53,720	₹1,61,438

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 Mid 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 25-11-2022 to 30-10-2026: 48 instalments, ₹4,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planJM Mid Cap Fund (Direct)	₹4,80,000	₹6,28,057	₹1,48,057	13.5%
Regular planJM Mid Cap Fund (Regular)	₹4,80,000	₹6,04,800	₹1,24,800	11.6%
Nifty Midcap 150 TRI	₹4,80,000	₹5,81,884	₹1,01,884	9.6%
Category averageCategory average, 34 Mid Cap funds	₹4,80,000	₹5,95,415	₹1,15,415	10.8%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planJM Mid Cap Fund (Direct)Regular planJM Mid Cap Fund (Regular)Nifty Midcap 150 TRICategory averageCategory average, 34 Mid 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 Mid Cap Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

98.4%Equity

Asset	Fund	Category
Equity	98.4%	95.4%
Cash and others	1.6%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	4.9%	11.8%
Mid Cap	67.6%	66.9%
Small Cap	24.4%	15.1%
Not on AMFI's list	1.5%	1.7%

Share of the whole fund. Category: the average of the Mid 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 Mid Cap Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Pharmaceuticals & Biotechnology12.4%
Auto Components10.1%
Electrical Equipment9.1%
Capital Markets8.7%
Banks7.9%
Retailing5.0%
Industrial Manufacturing4.8%
Financial Technology (Fintech)4.3%
Finance4.2%
Chemicals & Petrochemicals2.9%

The ten largest of 30 sectors. The other 20 add up to 28.9%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Pharmaceuticals & Biotechnology	12.4%	10.4%	12.4%	0.0%
Auto Components	10.9%	10.4%	10.1%	−0.8%
Electrical Equipment	9.0%	9.2%	9.1%	+0.1%
Capital Markets	7.0%	8.7%	8.7%	+1.7%
Banks	8.4%	8.0%	7.9%	−0.5%

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 Mid Cap Fund Portfolio Holdings

As on 30-09-2026 · 72 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
One 97 Communications Limited	Financial Technology (Fintech)	3.60%	0.0%
AVALON TECHNOLOGIES LIMITED	Electrical Equipment	3.08%	0.0%
Mankind Pharma Limited	Pharmaceuticals & Biotechnology	2.89%	+99.7%
Godfrey Phillips India Limited	Cigarettes & Tobacco Products	2.86%	+5.3%
IDFC First Bank Limited	Banks	2.84%	0.0%
Bank of Maharashtra	Banks	2.81%	0.0%
Marico Limited	Agricultural Food & other Products	2.74%	0.0%
Glenmark Pharmaceuticals Limited	Pharmaceuticals & Biotechnology	2.66%	+11.2%
Sona BLW Precision Forgings Limited	Auto Components	2.39%	+10.3%
Multi Commodity Exchange of India Ltd.	Capital Markets	2.28%	0.0%
Acutaas Chemicals Limited	Pharmaceuticals & Biotechnology	2.28%	−1.3%
Motilal Oswal Financial Services Limited	Capital Markets	2.28%	0.0%
Ashok Leyland Limited	Agricultural, Commercial & Construction Vehicles	2.27%	0.0%
Bharat Forge Limited	Auto Components	2.24%	−6.2%
Lenskart Solutions Limited	Retailing	2.21%	+50.1%
TUBE INVESTMENTS OF INDIA LTD	Auto Components	2.20%	−2.0%
SYRMA SGS TECHNOLOGY LIMITED	Industrial Manufacturing	2.19%	0.0%
Aurobindo Pharma Limited	Pharmaceuticals & Biotechnology	1.85%	0.0%
JK Cement Limited	Cement & Cement Products	1.81%	0.0%
Endurance Technologies Limited	Auto Components	1.71%	0.0%
Poonawalla Fincorp Limited	Finance	1.70%	−11.0%
MphasiS Limited	IT - Software	1.66%	0.0%
SRF Limited	Chemicals & Petrochemicals	1.61%	0.0%
360 ONE WAM LIMITED	Capital Markets	1.58%	0.0%
Radico Khaitan Limited	Beverages	1.51%	+12.5%
Bharat Heavy Electricals Limited	Electrical Equipment	1.50%	0.0%
Dixon Technologies (India) Limited	Consumer Durables	1.47%	0.0%
AU Small Finance Bank Limited	Banks	1.43%	0.0%
Billionbrains Garage Ventures Ltd.	Capital Markets	1.41%	0.0%
Arvind Limited	Textiles & Apparels	1.41%	−5.6%
WeWork India Management Limited	Commercial Services & Supplies	1.39%	0.0%
E2E Networks Limited	IT - Services	1.37%	0.0%
One Source Specialty Pharma Ltd	Pharmaceuticals & Biotechnology	1.26%	0.0%
Garware Hi-Tech Films Ltd	Industrial Products	1.23%	−4.2%
CarTrade Tech Limited	Retailing	1.22%	−3.5%
Thermax Limited	Electrical Equipment	1.22%	0.0%
APAR INDUSTRIES LTD	Electrical Equipment	1.18%	0.0%
Piramal Finance Ltd	Finance	1.11%	0.0%
WAAREE ENERGIES LIMITED	Electrical Equipment	1.08%	0.0%
Hitachi Energy India Limited	Electrical Equipment	1.05%	+12.7%
Prestige Estates Projects Limited	Realty	1.02%	−25.0%
Sumitomo Chemical India Limited	Fertilizers & Agrochemicals	1.01%	0.0%
TITAGARH RAIL SYSTEMS LIMITED	Industrial Manufacturing	1.01%	0.0%
Hero MotoCorp Limited	Automobiles	1.01%	0.0%
Alkem Laboratories Limited	Pharmaceuticals & Biotechnology	0.99%	0.0%
FSN E-Commerce Ventures Limited	Retailing	0.98%	0.0%
The Indian Hotels Company Limited	Leisure Services	0.95%	0.0%
BSE Ltd	Capital Markets	0.95%	+33.3%
Aditya Infotech Limited	Industrial Manufacturing	0.91%	0.0%
ACME Solar Holdings Ltd.	Power	0.91%	+25.5%
Exide Industries Limited	Auto Components	0.84%	0.0%
Mahindra & Mahindra Financial Serv Ltd.	Finance	0.82%	0.0%
Jana Small Finance Bank Ltd	Banks	0.80%	−3.6%
PB Fintech Limited	Financial Technology (Fintech)	0.74%	+8.3%
National Aluminium Company Limited	Non - Ferrous Metals	0.73%	0.0%
Linde India Limited	Chemicals & Petrochemicals	0.73%	+16.1%
Apollo Tyres Limited	Auto Components	0.70%	0.0%
Jyoti Cnc Automation Ltd	Industrial Manufacturing	0.68%	0.0%
Tinna Rubber and Infrastructure Limited	Industrial Products	0.64%	−9.1%
Housing and Urban Development Corp. Ltd.	Finance	0.58%	0.0%
Navin Fluorine International Limited	Chemicals & Petrochemicals	0.58%	0.0%
SWIGGY LIMITED	Retailing	0.58%	+50.0%
Horizon Industrial Parks Limited	Realty	0.53%	0.0%
Cohance Lifesciences Limited	Pharmaceuticals & Biotechnology	0.51%	0.0%
JSW Infrastructure Limited	Transport Infrastructure	0.49%	0.0%
Hindustan Petroleum Corporation Limited	Petroleum Products	0.42%	−43.4%
LEAP India Limited	Commercial Services & Supplies	0.40%	0.0%
Coromandel International Limited	Fertilizers & Agrochemicals	0.38%	0.0%
Delhivery Limited	Transport Services	0.35%	0.0%
Varmora Granito Limited	Consumer Durables	0.29%	New
Gaja Alternative AMC Limited	Capital Markets	0.23%	0.0%
ESDS Software Solution Limited	IT - Services	0.01%	New

JM Mid Cap Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Godfrey Phillips India Limited	Added	+5.3%	2.86%
Mankind Pharma Limited	Added	+99.7%	2.89%
Glenmark Pharmaceuticals Limited	Added	+11.2%	2.66%
Coforge Limited	Sold out	−100%	was 2.55%
TUBE INVESTMENTS OF INDIA LTD	Reduced	−2.0%	2.20%
Bharat Forge Limited	Reduced	−6.2%	2.24%
Sona BLW Precision Forgings Limited	Added	+10.3%	2.39%
Acutaas Chemicals Limited	Reduced	−1.3%	2.28%
Lenskart Solutions Limited	Added	+50.1%	2.21%
Poonawalla Fincorp Limited	Reduced	−11.0%	1.70%
Radico Khaitan Limited	Added	+12.5%	1.51%
Arvind Limited	Reduced	−5.6%	1.41%
Prestige Estates Projects Limited	Reduced	−25.0%	1.02%
CarTrade Tech Limited	Reduced	−3.5%	1.22%
Garware Hi-Tech Films Ltd	Reduced	−4.2%	1.23%
PB Fintech Limited	Added	+8.3%	0.74%
Hitachi Energy India Limited	Added	+12.7%	1.05%
BSE Ltd	Added	+33.3%	0.95%
ACME Solar Holdings Ltd.	Added	+25.5%	0.91%
Jana Small Finance Bank Ltd	Reduced	−3.6%	0.80%
Hindustan Petroleum Corporation Limited	Reduced	−43.4%	0.42%
Linde India Limited	Added	+16.1%	0.73%
Tinna Rubber and Infrastructure Limited	Reduced	−9.1%	0.64%
SWIGGY LIMITED	Added	+50.0%	0.58%
Varmora Granito Limited	New	New	0.29%
ESDS Software Solution Limited	New	New	0.01%

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.

What JM Mid Cap Fund bought and sold

JM Mid Cap Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Motilal Oswal Nifty Midcap 100 ETFETF · Motilal Oswal	35.5%	34	Compare
Kotak Nifty Midcap 150 Index FundIndex · Kotak Mahindra	34.7%	43	Compare
Nippon India Nifty Midcap 150 Index FundIndex · Nippon India	34.6%	43	Compare
Nippon India ETF Nifty Midcap 150ETF · Nippon India	34.6%	43	Compare
JioBlackRock Nifty Midcap 150 Index FundIndex · Jio BlackRock	34.5%	43	Compare
UTI Nifty Midcap 150 Index FundIndex · UTI	34.5%	43	Compare
Navi Nifty Midcap 150 Index fundIndex · Navi	34.5%	43	Compare
Groww Nifty Midcap 150 Index FundIndex · Groww	34.5%	43	Compare

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 Mid Cap Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.96%
Expense ratio (Regular): 2.47%
Category: Mid Cap
Risk: Very High
Benchmark: Nifty Midcap 150 TRI
Launch date: 21-11-2022
Minimum investment: ₹1,000
Minimum additional investment: ₹100
AUM: ₹1,303.39 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 150815
ISIN (Direct): INF192K01MV6
Scheme code (Regular): 150812
ISIN (Regular): INF192K01MS2
NAV history: From 25-11-2022, 3.9 years

Exit load: 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.

Tax on JM Mid Cap Fund returns

JM Mid 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	₹20.7892	30-10-2026
direct	IDCW	₹20.7892	30-10-2026
regular	Growth	₹19.4346	30-10-2026
regular	IDCW	₹19.4345	30-10-2026

About JM Mid Cap Fund

JM Mid Cap Fund is a mutual fund from JM Financial Mutual Fund. Its category is Mid Cap. It was launched on 21-11-2022. Its benchmark is Nifty Midcap 150 TRI. At the end of September 2026 it held 72 securities.

Fund Manager

Satish Ramanathan
Fund manager of JM Mid Cap Fund, since 21-11-2022
Asit Bhandarkar
Fund manager of JM Mid Cap Fund, since 01-10-2024
Deepak Gupta
Fund manager of JM Mid Cap Fund, since 11-04-2025
Ruchi Fozdar
Fund manager of JM Mid Cap Fund, since 04-10-2024

See all funds of JM Financial Mutual Fund

AUM change

September 2026: ₹1,303.39 Cr; −4.18% from August 2026
August 2026: ₹1,360.29 Cr; +5.03% from July 2026
July 2026: ₹1,295.14 Cr; +1.62% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare JM Mid Cap Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

JM Mid Cap vs Invesco India Mid capMid Cap
JM Mid Cap vs HSBC MidcapMid Cap
JM Mid Cap vs WhiteOak Capital Mid CapMid Cap
JM Mid Cap vs ICICI Prudential Mid CapMid Cap
JM Mid Cap vs Edelweiss Mid CapMid Cap
JM Mid Cap vs Motilal Oswal Nifty Midcap 100 ETF35.5% overlap
JM Mid Cap vs Kotak Nifty Midcap 150 Index34.7% overlap
JM Mid Cap vs Nippon India Nifty Midcap 150 Index34.6% overlap

Compare with any other fund

Frequently Asked Questions for JM Mid Cap Fund

What is the current NAV of JM Mid Cap Fund?

The Direct plan NAV is ₹20.7892. The Regular plan NAV is ₹19.4346, as on 30-10-2026.

What are the returns of JM Mid Cap Fund?

The Direct plan returned −0.08% in 1 year, +17.31% a year over 3 years. The Regular plan returned −1.57% in 1 year, +15.41% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of JM Mid Cap Fund?

The Direct plan charges 0.96% a year. The Regular plan charges 2.47% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.

What is the AUM of JM Mid Cap Fund?

JM Mid Cap Fund managed ₹1,303.39 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of JM Mid Cap Fund?

At the end of September 2026 the largest holdings were PAYTM (3.60%), AVALON (3.08%), MANKIND (2.89%), GODFRYPHLP (2.86%), IDFCFIRSTB (2.84%). The fund held 72 securities in all.

What did JM Mid Cap Fund buy and sell in September 2026?

It bought 2 new stocks: ESDS Software Solution Limited, Varmora Granito Limited. It sold out of 1: Coforge Limited. It added shares in 12. It reduced 11.

How do I invest in JM Mid 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.

Who is the fund manager of JM Mid Cap Fund?

Satish Ramanathan (since 21-11-2022), Asit Bhandarkar (since 01-10-2024), Deepak Gupta (since 11-04-2025), Ruchi Fozdar (since 04-10-2024).

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.