JM Small Cap Fund Direct Growth

JM Small Cap Fund Direct Growth

Equity

JM Financial Mutual Fund

Small-Cap

Get the latest NAV of JM Small Cap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.38

▲2%1D

NAV as on 25 Jun 2025

3.7%/per year

Since Inception

Absolute Gain%

▲▼

946 people have invested ₹ 86.2L in JM Small Cap Fund Direct Growth in the last three months

JM Small Cap Fund Performance vs. Nifty Smallcap 250

Fund returns vs Benchmark returns vs Category Average returns as on (25-Jun-25)

The fund has outperformed the benchmark (Nifty Smallcap 250) over 1Y, but underperformed over 3Y, 5Y.

Period
This Fund
Nifty Smallcap 250
Category Avg
1 Month
5.41%
5.58%
3.22%
3 Months
13.87%
14.96%
9.7%
6 Months
-2.69%
-1.23%
-3.48%
1 Year
3.81%
2.32%
2.61%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
JM Small Cap Fund
-
720Cr
0.59%
3.81%
-
3.7%
Bandhan Small Cap Fund Direct Growth
1/18
11,744Cr
0.39%
15.91%
37.54%
35.76%
Invesco India Smallcap Fund Direct Growth
2/18
6,823Cr
0.44%
12.36%
33.86%
26.04%
Tata Small Cap Fund Direct Growth
3/18
10,529Cr
0.34%
3.76%
30.18%
25.58%
See all

JM Small Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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JM Small Cap Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 97.7%

Debt & Cash 2.3%

Small cap
88.8%
Mid cap
6.4%
Mid Cap allocation has gone down from 7.3% to 6.4%
Mid Cap allocation has gone down from 7.3% to 6.4%
Small Cap allocation has gone up from 87.9% to 88.8%
Small Cap allocation has gone up from 87.9% to 88.8%
Cash allocation has gone down from 2.5% to 2.3%
Cash allocation has gone down from 2.5% to 2.3%

JM Small Cap Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 97.7%

Debt & Cash 2.3%

Consumer Cyclical
18.5%
Industrial
18.2%
Basic Materials
17.2%
Tech
13.7%
Financial Services
12%
Health
11.5%
Consumer Defensive
6.7%
Utilities
2.2%

Top 3 Sectors in May were Basic Materials, Financial Services & Tech

May'25

Basic Materials

23%

Financial Services

18%

Industrial

16%

Apr'25

Basic Materials

20%

Financial Services

19%

Tech

15%

JM Small Cap Fund Holdings Details

as on (31-May-25)

Equity

Top Stocks bought last month
Garware Hi-Tech Films Ltd's allocation increased from 3.08% to 5.48%
Garware Hi-Tech Films Ltd's allocation increased from 3.08% to 5.48%
Engineers India Ltd's allocation increased from 1.84% to 3.19%
Engineers India Ltd's allocation increased from 1.84% to 3.19%
ICRA Ltd's allocation increased from 1.85% to 2.64%
ICRA Ltd's allocation increased from 1.85% to 2.64%
Top Stocks sold last month
Godfrey Phillips India Ltd's allocation decreased from 6.29 % to 5.9 %
Godfrey Phillips India Ltd's allocation decreased from 6.29 % to 5.9 %
Jana Small Finance Bank Ltd's allocation decreased from 3.64 % to 3.11 %
Jana Small Finance Bank Ltd's allocation decreased from 3.64 % to 3.11 %
Computer Age Management Services Ltd Ordinary Shares's allocation decreased from 2.98 % to 2.87 %
Computer Age Management Services Ltd Ordinary Shares's allocation decreased from 2.98 % to 2.87 %

JM Small Cap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.59%
Benchmark
Nifty Smallcap 250 TR INR
AUM₹720 Cr
Inception Date18 June, 2024
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About JM Small Cap Fund

JM Small Cap Fund Direct Growth is an equity fund. This fund was started on 18 June, 2024. The fund is managed by Asit Bhandarkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. JM Small Cap Fund Direct Growth has ₹720 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

JM Small Cap Fund Direct Growth has given a CAGR return of 3.70% since inception. Over the last 1 year the fund has given a CAGR return of 3.81%.

Holdings

JM Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Financial Services, Industrial, Tech, Consumer Cyclical, Consumer Defensive, Health, Communication. Its top holdings are Godfrey Phillips India Ltd, Garware Hi-Tech Films Ltd, Engineers India Ltd, Jana Small Finance Bank Ltd, Amber Enterprises India Ltd Ordinary Shares

Taxation

As it is a small-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of JM Small Cap Fund Direct Growth

The primary objective of the Scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities of small cap companies, as defined by SEBI. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. JM Small Cap Fund Direct Growth has no lock in period.

Fund Manager

Asit Bhandarkar

Fund Manager of JM Small Cap Fund Direct Growth, since 18 June 2024

Learn more about JM Financial Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 720.5 Cr
₹ 631.1 Cr
₹ 594.1 Cr
  • AUM of the fund stands at 720.5 Cr as of May'25
  • AUM increased by 89.4 Cr between May'25 and Apr'25

Frequently Asked Questions for JM Small Cap Fund Direct Growth

How do I invest in JM Small Cap Fund?

INDmoney makes it simple to invest in the JM Small Cap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘JM Small Cap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of JM Small Cap Fund?

The NAV of the fund today is ₹10.38. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

JM Small Cap Fund fund has generated a return of 3.81% in 1 year

Who is the fund manager of JM Small Cap Fund?

The fund managers are Asit Bhandarkar.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-180 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.59%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹720 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of JM Small Cap Fund?

The top 3 holdings of the fund are Godfrey Phillips India Ltd(5.9%), Garware Hi-Tech Films Ltd(5.48%), Engineers India Ltd(3.19%)