JM Large & Mid Cap Fund
All plans and options of JM Large & Mid Cap Fund
| Scheme (as filed with AMFI) | Plan | Option | NAV | AMFI code |
|---|---|---|---|---|
| JM Large & Mid Cap Fund — Direct Plan — Growth Option | Direct | Growth Option | ₹11.0996 11 Nov 2026 | 153629 |
| JM Large & Mid Cap Fund — Direct Plan — IDCW Option | Direct | IDCW | ₹11.0996 11 Nov 2026 | 153630 |
| JM Large & Mid Cap Fund — Regular Plan — Growth Option | Regular | Growth Option | ₹10.8568 11 Nov 2026 | 153627 |
| JM Large & Mid Cap Fund — Regular Plan — IDCW Option | Regular | IDCW | ₹10.8568 11 Nov 2026 | 153628 |
Fund basics
Everything the NAV says
Computed from 315 published NAVs between 30 Jul 2025 and 11 Nov 2026 — 1.3 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| JM Large & Mid Cap Fund Direct | 6.80 | 0.64 | 11.04 | 4.85 | — | — | — | — | 7.99 |
| NIFTY LargeMidcap 250 TRI benchmark | -6.70 | -5.96 | 5.65 | -2.16 | 10.42 | 10.77 | 16.79 | 14.10 | 16.40 |
| Large & Mid Cap category median · 28 funds | — | — | — | 2.99 | 14.54 | 11.72 | — | 14.94 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index's own Total Return Index, as published by NSE, measured to 11 Nov 2026. The category row is the median Direct plan in Large & Mid Cap — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 11 Nov 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| JM Large & Mid Cap Fund Direct | 17.94 | 0.08 | 0.13 | 0.96 | 2.50 | -15.48 |
| NIFTY LargeMidcap 250 TRI benchmark | 16.26 | 0.24 | 0.35 | — | — | -37.75 |
Risk-free rate 6.5%. The benchmark row is the index's NSE Total Return Index. Beta and alpha need the index as a reference, so the benchmark's own row leaves them blank.
Against its benchmark
Regressed on the 15 months this fund and NIFTY LargeMidcap 250 TRI both have, using NSE's own Total Return Index for it. Alpha is Jensen's — the return left over after the market move this fund's own beta would predict.
| Alpha | Beta | R² | Fund vs index | Up capture | Down capture | Tracking error | Information ratio | Treynor |
|---|---|---|---|---|---|---|---|---|
| 2.50% | 0.96 | 94% | 2.85% | 111% | 97% | 4.28% | 0.66 | -5.58 |
Up and down capture are the pair worth reading together: a fund that takes 95% of the rises but only 80% of the falls is doing something a headline CAGR will never show you.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 17.9% | 11.8% | 0.08 | 0.13 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -15.5% | 4 months | At a high |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Every one-year period it has lived through
| Best year | Median year | Worst year | Losing years |
|---|---|---|---|
| 12.0% | 4.8% | -5.3% | 23% |
Rolling returns ask a fairer question than a single five-year figure: not "what did it do from this one start date", but "what happened across every start date". A fund whose worst year is −45% is a different proposition from one whose worst is −8%, even if the averages match.
Calendar years
How it compares in its category
Against the Large & Mid Cap Direct schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| JM Large & Mid Cap Fund JM Financial Mutual Fund · this scheme | — | 2.5% | 0.96 | 17.9% | 0.08 | -15.5% |
| Axis Large & Mid Cap Fund Axis Mutual Fund | 15.8% | 3.3% | 0.86 | 14.4% | 0.64 | -31.9% |
| Baroda BNP Paribas Large and Mid Cap fund Baroda BNP Paribas Mutual Fund | 15.2% | 2.0% | 0.99 | 16.4% | 0.53 | -20.6% |
| HDFC Large & Mid Cap Fund HDFC Mutual Fund | 13.5% | 0.4% | 1.01 | 16.4% | 0.43 | -39.5% |
| ITI Large & Mid Cap Fund ITI Mutual Fund | — | 2.1% | 1.10 | 20.2% | -0.24 | -20.2% |
| Nippon India Vision Large & Mid Cap Fund Nippon India Mutual Fund | 15.1% | 1.8% | 0.97 | 15.9% | 0.54 | -45.0% |
| Quant Large & Mid Cap Fund quant Mutual Fund | 15.3% | 2.9% | 1.09 | 18.9% | 0.47 | -45.7% |
| Tata Large & Mid Cap Fund Tata Mutual Fund | 7.4% | -5.3% | 0.97 | 16.6% | 0.05 | -35.7% |
| Union Large & Midcap Fund Union Mutual Fund | 14.2% | 1.2% | 0.91 | 15.6% | 0.49 | -35.6% |
Alpha and beta are against NIFTY LargeMidcap 250 TRI. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
Compare JM Large & Mid Cap Fund side by side
Returns, risk ratios, portfolio overlap, sectors and market-cap split against each of the other 36 Large & Mid Cap funds.
- vs Abakkus Large Mid Cap
- vs Aditya Birla Sun Life Large Mid Cap
- vs Axis Large Mid Cap
- vs Bajaj Finserv Large Mid Cap
- vs Bandhan Large Mid Cap
- vs Bank Of India Large Mid Cap
- vs Baroda Bnp Paribas Large And Mid Cap
- vs Canara Robeco Large And Mid Cap
- vs Choice Large Mid Cap
- vs Dsp Large Mid Cap
- vs Edelweiss Large Mid Cap
- vs Franklin India Large Mid Cap
- vs Hdfc Large Mid Cap
- vs Helios Large Mid Cap
- vs Hsbc Large Mid Cap
- vs Icici Prudential Large Mid Cap
- vs Invesco India Large Mid Cap
- vs Iti Large Mid Cap
- vs Kotak Large Mid Cap
- vs Lic Mf Large Mid Cap
- vs Mahindra Manulife Large Mid Cap
- vs Mirae Asset Large Midcap
- vs Motilal Oswal Large And Midcap
- vs Navi Large Midcap
- vs Nippon India Vision Large Mid Cap
- vs Pgim India Large And Midcap
- vs Quant Large Mid Cap
- vs Samco Large Mid Cap
- vs Sbi Large Midcap
- vs Sundaram Large And Midcap
- vs Tata Large Mid Cap
- vs The Wealth Company Large Mid Cap
- vs Trustmf Large Midcap
- vs Union Large Midcap
- vs Uti Large Mid Cap
- vs Whiteoak Capital Large Mid Cap
What a Large & Mid Cap scheme is
At least 35% in large caps and 35% in mid caps.
A fixed blend of stability and growth, written into the rules. It sits between a large-cap and a mid-cap fund without the manager being able to drift to whichever is winning.
Who it suits. Somebody who finds pure mid cap too sharp and pure large cap too slow.
How long money should stay. 7 years or more.
Questions people ask
What is the NAV of JM Large & Mid Cap Fund — Direct Plan — Growth Option?
₹11.0996 as on 11 Nov 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of JM Large & Mid Cap Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance every year, so it compounds. As an illustration, not a forecast: ₹1,00,000 invested for ten years at 12% a year ends at about ₹3.11 lakh, but at 10.5% — a 1.5 percentage-point gap and nothing else changed — it ends at about ₹2.71 lakh, roughly ₹40,000 less. The longer you hold, the wider the gap. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
At least 35% in large caps and 35% in mid caps. A fixed blend of stability and growth, written into the rules. It sits between a large-cap and a mid-cap fund without the manager being able to drift to whichever is winning.
How long should money stay in it?
Typically 7 years or more. Somebody who finds pure mid cap too sharp and pure large cap too slow.