JM Large & Mid Cap Fund vs Motilal Oswal Large and Midcap Fund
JM Large & Mid Cap Fund and Motilal Oswal Large and Midcap Fund are both Large & Mid Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +13.53%, 5-year CAGR — vs +10.32%, volatility 17.33% vs 22.48%, maximum drawdown −15.48% vs −37.44%. Their portfolios overlap by 14.2% (8 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| Fund house | JM Financial Mutual Fund | Motilal Oswal Mutual Fund |
| Compared as | Large & Mid Cap | Large & Mid Cap |
| NAV | ₹10.9095 | ₹28.5755 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 30 Jul 2025 | 22 Oct 2019 |
| Track record | 1.3 yrs | 7.0 yrs |
| Fund size (AUM) | ₹464 Cr | ₹19,832 Cr |
| Securities held | 64 | 34 |
| Portfolio as of | 31 Aug 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| 1 month | +3.92% | −0.00% |
| 3 months | −1.10% | +0.86% |
| 6 months | +5.64% | +2.99% |
| 1 year | +4.29% | +0.06% |
| 3 years (CAGR) | — | +13.53% |
| 5 years (CAGR) | — | +10.32% |
| 7 years (CAGR) | — | +15.55% |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +6.62% | +15.71% |
| SIP return (XIRR, 5 years) ⓘ | — | +12.02% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| 2026 (year to date) | +4.20% | +2.99% |
| 2025 | — | −9.00% |
| 2024 | — | +38.26% |
| 2023 | — | +30.31% |
| 2022 | — | −3.87% |
| 2021 | — | +43.10% |
Risk
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| Volatility (annualised) ⓘ | 17.33% | 22.48% |
| Downside volatility ⓘ | 11.84% | 15.83% |
| Sharpe ratio ⓘ | 0.01 | 0.31 |
| Sortino ratio ⓘ | 0.01 | 0.44 |
| Maximum drawdown ⓘ | −15.48% | −37.44% |
| Recovery from that fall | 4 months | 8 months |
| Current fall from peak | −1.78% | −8.48% |
| Rolling 1-year return: worst | −5.32% | −12.92% |
| Rolling 1-year return: median | +4.80% | +14.26% |
| Rolling 1-year return: best | +12.01% | +91.10% |
| Share of 1-year periods with a loss | 23.53% | 24.83% |
Against each fund's benchmark
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| Beta ⓘ | 0.96 | 1.21 |
| Alpha (Jensen's, annualised) ⓘ | +2.50% | +1.05% |
| R² ⓘ | 93.77 | 73.23 |
| Upside capture | 111.14% | 124.51% |
| Downside capture | 96.60% | 129.42% |
| Tracking error | 4.28% | 12.34% |
| Information ratio | 0.66 | 0.09 |
| Treynor ratio | -5.58 | 5.18 |
Portfolio
Asset mix
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| Equity | 98.37% | 96.71% |
| Cash & equivalents | 1.63% | 3.29% |
Market-cap split (share of fund assets)
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| Large Cap | 39.60% | 35.68% |
| Mid Cap | 43.43% | 35.19% |
| Small Cap | 13.89% | 25.84% |
| Unclassified | 1.45% | 0.00% |
Concentration
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| Top 10 holdings | 24.69% | 44.04% |
| Effective number of stocks ⓘ | 58.7 | 30.5 |
| Securities held | 64 | 34 |
Portfolio overlap: 14.2%
8 companies are held by both funds; by weight, 14.2% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | JM Large & Mid Cap | Motilal Oswal Large and Midcap |
|---|---|---|
| One 97 Communications Limited | 2.63% | 6.11% |
| Shriram Finance Limited | 2.20% | 4.13% |
| Bajaj Finance Limited | 2.66% | 2.13% |
| GE Vernova T&D India Limited | 1.95% | 3.15% |
| Eternal Limited | 1.51% | 4.95% |
| Billionbrains Garage Ventures Ltd | 1.44% | 2.36% |
| Bharat Electronics Limited | 1.23% | 2.11% |
| Premier Energies Limited | 1.09% | 3.14% |
Top 10 holdings
JM Large & Mid Cap
- ICICI Bank Limited3.47%
- Bajaj Finance Limited2.66%
- One 97 Communications Limited2.63%
- HDFC Bank Limited2.56%
- Coforge Limited2.38%
- State Bank of India2.28%
- Torrent Pharmaceuticals Limited2.25%
- Shriram Finance Limited2.20%
- Bharti Airtel Limited2.17%
- Radico Khaitan Limited2.08%
Motilal Oswal Large and Midcap
- One 97 Communications Limited6.11%
- Eternal Limited4.95%
- PTC Industries Ltd4.73%
- Multi Commodity Exchange of India Limited4.60%
- Sterlite Technologies Limited4.32%
- Shriram Finance Limited4.13%
- Muthoot Finance Ltd.4.04%
- Apar Industries Limited4.02%
- Gujarat Fluorochemicals Limited3.99%
- GE Vernova T&D India Limited3.15%
Sector exposure
| JM Large & Mid Cap | Motilal Oswal Large and Midcap | |
|---|---|---|
| Electrical Equipment | 3.86% | 18.40% |
| Banks | 11.28% | 0.00% |
| Finance | 7.52% | 10.94% |
| Retailing | 4.19% | 9.70% |
| Capital Markets | 4.64% | 6.96% |
| Aerospace & Defense | 2.53% | 6.95% |
| Chemicals & Petrochemicals | 1.87% | 6.41% |
| Pharmaceuticals & Biotechnology | 6.22% | 5.32% |
| Financial Technology (Fintech) | 4.07% | 6.11% |
| IT - Software | 5.81% | 0.00% |
| Automobiles | 4.10% | 4.95% |
| Auto Components | 4.86% | 2.51% |
| Industrial Products | 1.53% | 4.73% |
| Consumer Durables | 4.53% | 2.38% |
Questions people ask
What is the difference between JM Large & Mid Cap and Motilal Oswal Large and Midcap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +4.29% vs +0.06%; 3-year CAGR — vs +13.53%; 5-year CAGR — vs +10.32%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do JM Large & Mid Cap and Motilal Oswal Large and Midcap compare on risk?
Volatility (36 monthly returns, annualised) 17.33% vs 22.48%; Sharpe ratio 0.01 vs 0.31; Sortino ratio 0.01 vs 0.44; maximum drawdown −15.48% vs −37.44%; beta 0.96 vs 1.21.
How much do JM Large & Mid Cap and Motilal Oswal Large and Midcap overlap?
By weight, 14.2% of the two portfolios is invested in the same companies; 8 stocks are held by both, the largest shared positions being One 97 Communications Limited, Shriram Finance Limited, Bajaj Finance Limited. Based on the portfolios disclosed for Aug 2026 and Sep 2026.
What is the large, mid and small cap split of JM Large & Mid Cap and Motilal Oswal Large and Midcap?
JM Large & Mid Cap: large cap 39.6%, mid cap 43.4%, small cap 13.9%. Motilal Oswal Large and Midcap: large cap 35.7%, mid cap 35.2%, small cap 25.8% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.