JM Midcap Fund Direct - IDCW
Unrated
NAV as of Dec 27, 2024
20.190.16%
(Earn upto 1.61% Extra Returns with Direct Plan)
Fund Category:
Equity: Mid Cap
Expense Ratio:
0.39%(0.60% Category
average)Fund Size:
Rs. 1,696.31 Cr(0.43% of Investment in Category)
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JM Midcap Fund Direct - IDCW
Unrated
NAV as of Dec 27, 2024
20.190.16%
Expense Ratio:
0.39%
Fund Size:
Rs. 1,696.31 Cr
Fund Category:
Equity: Mid Cap
JM Midcap Fund Direct - IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the JM Midcap Fund - Direct Plan as of Dec 27, 2024 is Rs 20.19 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 37.2% (1yr) and 39.72% (since launch). Whereas, Category returns for the same time duration are: 28.813457282943478% (1yr), 22.639329810154297% (3yr) and 26.559064784668887% (5yr).
3. Fund Size: The JM Midcap Fund - Direct Plan currently holds Assets under Management worth of Rs 1696.3083 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.39% for Direct plan as on Nov 30, 2024.
5. Exit Load: JM Midcap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 180 days."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the JM Midcap Fund - Direct Plan as of Dec 27, 2024 is Rs 20.19 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 37.2% (1yr) and 39.72% (since launch). Whereas, Category returns for the same time duration are: 28.813457282943478% (1yr), 22.639329810154297% (3yr) and 26.559064784668887% (5yr).
3. Fund Size: The JM Midcap Fund - Direct Plan currently holds Assets under Management worth of Rs 1696.3083 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.39% for Direct plan as on Nov 30, 2024.
5. Exit Load: JM Midcap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 180 days."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
JM Midcap Fund Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.81 -5.37 2.31 37.20 - - Category Avg 1.70 -4.93 3.34 28.81 22.64 26.56 Rank within Category 10 20 24 5 - - No. of funds within Category 51 49 47 46 32 26 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY Midcap 150 Total Return Index
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JM Midcap Fund Direct - IDCW Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the investment objective of the Scheme will be realized.
| Fund House | JM Financial Mutual Fund |
| Launch Date | Nov 21, 2022 |
| Benchmark | NIFTY Midcap 150 Total Return Index |
| Return Since Launch | 39.72% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
JM Midcap Fund Direct - IDCW Investment Details
| Minimum Investment (Rs.) | 1,000.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 1% if redeemed within 180 days. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 63 | 61 | 61 | 63 | 57 | 57 |
| Top 5 Company Holdings | 13.98% | 14.78% | 14.99% | 14.73% | 14.04% | 14.25% |
| Top 10 Company Holdings | 26.22% | 27.44% | 27.46% | 26.67% | 26.45% | 26.77% |
| Company with Highest Exposure | Biocon (2.95%) | Ipca Laboratories (3.57%) | Ipca Laboratories (3.48%) | Ipca Laboratories (3.34%) | Ipca Laboratories (3.27%) | Oil India (3.33%) |
| Number of Sectors | 15 | 15 | 16 | 16 | 14 | 14 |
| Top 3 Sector Holdings | 50.76% | 48.61% | 48.76% | 51.07% | 48.49% | 45.7% |
| Top 5 Sector Holdings | 71.46% | 69.97% | 68.53% | 68.1% | 67.47% | 64.37% |
| Sector with Highest Exposure | Healthcare (19.29%) | Healthcare (21.84%) | Healthcare (19.96%) | Healthcare (18.17%) | Capital Goods (21.07%) | Capital Goods (21.4%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Ipca Laboratories Healthcare 3.48 62.65 26.06 48.46 Tata Technologies Services 3.06 56.37 15.95 -23.56 Max Healthcare Institute Healthcare 2.92 - - - Berger Paints India Materials 2.85 45.03 9.82 -25.80 JSW Infrastructure Services 2.68 54.50 5.93 53.19 JK Cement Materials 2.56 43.39 105.38 21.11 Glenmark Pharmaceuticals Healthcare 2.52 -51.14 -31.01 85.40 Alkem Laboratories Healthcare 2.48 30.89 177.50 6.95 Aurobindo Pharma Healthcare 2.47 20.59 61.67 16.54 Fortis Healthcare Healthcare 2.44 78.52 8.69 68.30
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y JM Midcap Fund Direct - IDCW 20.19 Unrated 1,696.31 1.81 37.20 - - Motilal Oswal Midcap Fund Direct-IDCW 59.26 22,897.62 3.96 56.70 36.78 34.52 Invesco India Mid Cap Fund Direct-IDCW 83.31 5,862.87 3.81 46.30 27.25 29.89 Kotak Emerging Equity Fund Direct-IDCW 91.86 52,048.91 1.58 35.84 25.05 28.73 Mahindra Manulife Mid Cap Fund Direct-IDCW 30.96 3,460.90 -0.36 32.53 26.89 29.62
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
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Fund Manager
- S.R.Satish RamanathanSince Oct 20228 schemes
- A.B.Asit BhandarkarSince Oct 20248 schemes
- C.C.Chaitanya ChoksiSince Oct 20228 schemes
- R.F.Ruchi FozdarSince Oct 20249 schemes
Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA. Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y JM Aggressive Hybrid Fund Direct-IDCW Aggressive Hybrid 77.57 719.68 30.24 JM Flexicap Fund Direct Plan-IDCW Flexi Cap 106.82 5,012.19 36.21 JM Large Cap Fund Direct Plan-IDCW Large Cap 70.32 495.06 18.51 JM ELSS Tax Saver Fund Direct Plan-IDCW ELSS 54.21 183.48 31.01 JM Value Fund Direct Plan-IDCW Value Oriented 76.74 1,072.74 27.87 JM Focused Direct Plan-IDCW Flexi Cap 23.32 211.91 27.84 JM Arbitrage Fund Direct-IDCW Arbitrage 15.84 177.82 7.96 JM Small Cap Fund Direct - IDCW Small Cap 10.72 Unrated 612.40 - Mr. Bhandarkar is a B.Com (H) and MMS. Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y JM Flexicap Fund Direct Plan-IDCW Flexi Cap 106.82 5,012.19 36.21 JM Aggressive Hybrid Fund Direct-IDCW Aggressive Hybrid 77.57 719.68 30.24 JM Large Cap Fund Direct Plan-IDCW Large Cap 70.32 495.06 18.51 JM ELSS Tax Saver Fund Direct Plan-IDCW ELSS 54.21 183.48 31.01 JM Value Fund Direct Plan-IDCW Value Oriented 76.74 1,072.74 27.87 JM Focused Direct Plan-IDCW Flexi Cap 23.32 211.91 27.84 JM Arbitrage Fund Direct-IDCW Arbitrage 15.84 177.82 7.96 JM Small Cap Fund Direct - IDCW Small Cap 10.72 Unrated 612.40 - Mr. Choksi is a MMS (Finance) and CFA. Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y JM Large Cap Fund Direct Plan-IDCW Large Cap 70.32 495.06 18.51 JM Flexicap Fund Direct Plan-IDCW Flexi Cap 106.82 5,012.19 36.21 JM Aggressive Hybrid Fund Direct-IDCW Aggressive Hybrid 77.57 719.68 30.24 JM Value Fund Direct Plan-IDCW Value Oriented 76.74 1,072.74 27.87 JM ELSS Tax Saver Fund Direct Plan-IDCW ELSS 54.21 183.48 31.01 JM Focused Direct Plan-IDCW Flexi Cap 23.32 211.91 27.84 JM Arbitrage Fund Direct-IDCW Arbitrage 15.84 177.82 7.96 JM Small Cap Fund Direct - IDCW Small Cap 10.72 Unrated 612.40 - Ms. Ruchi is a graduate in science and PGDBM in finance Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y JM Aggressive Hybrid Fund Direct-IDCW Aggressive Hybrid 77.57 719.68 30.24 JM Large Cap Fund Direct Plan-IDCW Large Cap 70.32 495.06 18.51 JM Flexicap Fund Direct Plan-IDCW Flexi Cap 106.82 5,012.19 36.21 JM Value Fund Direct Plan-IDCW Value Oriented 76.74 1,072.74 27.87 JM ELSS Tax Saver Fund Direct Plan-IDCW ELSS 54.21 183.48 31.01 JM Focused Direct Plan-IDCW Flexi Cap 23.32 211.91 27.84 JM Short Duration Fund Direct - IDCW Short Duration 11.73 124.00 7.84 JM Arbitrage Fund Direct-IDCW Arbitrage 15.84 177.82 7.96 JM Small Cap Fund Direct - IDCW Small Cap 10.72 Unrated 612.40 -
More JM Financial Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| JM Flexicap Fund Direct Plan-Growth | 5,012.19 | 2.89 | -5.07 | 2.62 | 36.56 | 28.41 | |
| JM Liquid Fund Direct-Growth | 3,204.70 | 0.53 | 1.71 | 3.51 | 7.34 | 6.41 | |
| JM Midcap Fund Direct - Growth | 1,696.31 | 3.11 | -7.02 | 1.88 | 36.91 | - | |
| JM Value Fund Direct Plan-Growth | 1,072.74 | 1.73 | -8.73 | -0.36 | 28.25 | 26.71 | |
| JM Aggressive Hybrid Fund Direct-Growth | 719.68 | 1.45 | -4.70 | 1.76 | 29.87 | 24.70 | |
| JM Small Cap Fund Direct - Growth | 612.40 | 5.36 | -4.08 | 6.75 | - | - | |
| JM Large Cap Fund Direct Plan-Growth | 495.06 | -0.12 | -7.59 | -1.14 | 19.96 | 17.80 | |
| JM Low Duration Fund Direct Plan-Growth | 231.17 | 0.56 | 1.78 | 3.76 | 7.71 | 6.43 | |
| JM Focused Direct Plan-Growth | 211.91 | 2.89 | -4.19 | 4.35 | 27.93 | 23.16 | |
| JM ELSS Tax Saver Fund Direct Plan-Growth | 183.48 | 2.03 | -7.77 | 2.09 | 30.98 | 21.43 |
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About JM Midcap Fund Direct - IDCW
1. JM Midcap Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to JM Financial Mutual Fund House.
2. The fund was launched on Nov 21, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the investment objective of the Scheme will be realized. "
2. It is benchmarked against NIFTY Midcap 150 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.44% in equities, 0.0% in debts and 0.55729613% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 27.46% of the assets, the top 3 sectors constitute around 50.76% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on JM Midcap Fund Direct - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. JM Midcap Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to JM Financial Mutual Fund House.
2. The fund was launched on Nov 21, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the investment objective of the Scheme will be realized. "
2. It is benchmarked against NIFTY Midcap 150 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.44% in equities, 0.0% in debts and 0.55729613% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 27.46% of the assets, the top 3 sectors constitute around 50.76% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on JM Midcap Fund Direct - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about JM Midcap Fund Direct - IDCW
- Is it safe to invest in JM Midcap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the JM Midcap Fund - Direct Plan comes under Very High risk category.
- What is the category of JM Midcap Fund - Direct Plan?JM Midcap Fund - Direct Plan belongs to the Equity : Mid Cap category of funds.
- How Long should I Invest in JM Midcap Fund - Direct Plan?The suggested investment horizon of investing into JM Midcap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the JM Midcap Fund - Direct Plan?The JM Midcap Fund - Direct Plan is managed by Satish Ramanathan (Since Oct 31, 2022) , Asit Bhandarkar (Since Oct 01, 2024) , Chaitanya Choksi (Since Oct 31, 2022) and Ruchi Fozdar (Since Oct 04, 2024).
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