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JM Midcap Fund (Direct) - Growth

JM Financial Mutual Fund · Equity · mandate: ≥65% in mid-caps (101st–250th by market cap) · benchmark: NIFTY Midcap 150 TRI (TRI proxy)
AUM (all plans)
1,187 cr
TER direct / regular
0.86% / 2.36%
Active return /yr (full)
5.0%
Score
59
Rank (Score, pool)
#11 of 38
Percentile (full, pool)
90
IR vs benchmark
0.70
CAGR (absolute)
24.5%
Max drawdown
-21.4%
Months of data
45
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Cumulative active return

202220232024202520260817Cumulative active return vs benchmark, %
Growth of the fund relative to its benchmark: +10 means ₹100 in the fund is worth 10% more than ₹100 in the benchmark since the start of the line.

Equity curve

2022202320242025202695161227Fund (NAV=100)Benchmark: NIFTY Midcap 150 TRICategory median (Mid)

Drawdown

20222023202420252026-21-110Drawdown %

Fiscal-year record

FYActive vs BMvs categoryIR%ileTEBenchmarkFund returnmonths
FY220
FY23*3.8%3.0%2.24505.3%-6.1%-2.3%4
FY243.1%9.1%0.34846.4%56.9%60.0%12
FY256.8%3.1%0.94697.1%7.8%14.6%12
FY26-3.7%-3.8%-0.83274.8%1.9%-1.8%12
FY27*8.7%7.2%2.79916.2%20.8%29.4%5
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly active returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2022+1.0+1.0
2023-0.1+3.2-0.1-1.6+1.7-0.5+2.7+1.3-2.0+0.4+1.1-3.6+2.2
2024+2.2-0.0+0.6+5.8+2.3-0.5-0.1-0.0+0.3+1.6-1.5+0.5+11.5
2025-2.4+0.5+0.2-1.3-0.8-0.4+1.7+1.5-0.7-1.1-1.9-2.0-6.6
2026-1.5+1.0+1.5+0.5+2.8+3.0-1.2+2.1+8.4
Fund monthly return minus benchmark; the year column compounds each separately and differences them.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2022-0.7-0.7
2023-2.5+1.6-0.6+3.6+7.3+5.7+8.3+5.3+1.0-3.4+10.8+3.4+47.3
2024+6.9-0.3+0.2+12.1+4.5+7.4+4.9+0.4+2.1-4.8-1.3+1.6+37.8
2025-8.4-10.0+7.8+2.6+5.5+3.7-1.1-1.3+0.7+3.7-0.3-2.6-1.2
2026-5.0+2.8-9.6+13.7+5.4+4.0+0.5+3.3+14.2

Quarterly average AUM & estimated net flows

20222023202420252026428561,669AUM (quarter avg), ₹cr
-198523
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.