JM Large Cap Fund
JM Financial Mutual Fund · Large Cap · Regular plan, growth option
NAV (₹), 1 Oct 2026
144.6359
1-day change
-1.27%
1Y return
-4.8%
3Y CAGR
7.5%
5Y CAGR
8.2%
Max drawdown, 5Y
−20.4%
NAV history month-end NAV, ₹ · 3 Apr 2006 to 1 Oct 2026
Returns vs Large Cap median (38 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -6.5% | -6.2% |
| 3 months | -4.1% | -4.6% |
| 6 months | 3.9% | 3.1% |
| Year to date | -9.0% | -9.1% |
| 1 year | -4.8% | -5.7% |
| 3 years (CAGR) | 7.5% | 7.5% |
| 5 years (CAGR) | 8.2% | 7.4% |
| 7 years (CAGR) | 11.8% | 11.9% |
| 10 years (CAGR) | 10.0% | 10.8% |
| Since first NAV (CAGR) | 7.4% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 6.8% | 10.3% |
| 3Y rolling median | 10.1% | 13.4% |
| 3Y rolling worst | -14.5% | -5.2% |
| 3Y periods positive | 82% | 99% |
| 3Y periods ahead of benchmark | 45% | 59% |
| 5Y rolling median | 10.3% | 13.2% |
| 5Y rolling worst | -9.4% | -1.2% |
| 5Y periods ahead of benchmark | 30% | 51% |
Benchmark: Nifty 50 (proxy: Franklin India NSE Nifty 50 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 15.7% | 14.3% |
| Sharpe ratio | 0.12 | 0.14 |
| Sortino ratio | 0.16 | 0.19 |
| Beta | 1.06 | 1.00 |
| Alpha (ann.) | 1.8% | 2.0% |
| Upside capture | 114.33 | 106.99 |
| Downside capture | 104.24 | 97.11 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −71.8% | −36.6% |
| Maximum drawdown, last 10Y | −20.4% | −36.7% |
| Maximum drawdown, last 5Y | −20.4% | −18.7% |
| Current drawdown | −14.3% | −11.5% |
| Recovery time of worst fall | 2994 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
22,421.95 −0.88%
NSE close, 1 Oct 2026
- P/E 19.2: higher than 0% of days since 2023 (median 22.3)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
23,516.50 −0.92%
NSE close, 1 Oct 2026
- P/E 19.0: higher than 0% of days since 2023 (median 22.2)
- 1Y −7.8% · 3Y n/a p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −12.7% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.67% a year and the Direct plan's 1.19%, a gap of 1.48%; over the last 3 years the Direct plan returned 1.58 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹32,09,626.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Deepak Gupta | 27 Jan 2025 | |
| Asit Bhandarkar | 5 Oct 2017 | |
| Satish Ramanathan | 20 Aug 2021 | |
| Ruchi Fozdar | For Debt portion only | 4 Oct 2024 |
Objective: The investment objective of the scheme is to provide optimum capital growth and appreciation.There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully.
Stated asset allocation: Equity*- 80%-100% - High, Debt Money market and short term debt inst.Maturing within one year- 0%-20% - Low *The scheme will be investing predominantly in large cap stock in terms of SEBI Circulars no. SEBI/HO/IMD/DF3/CIR/P/2017/114 dated October 06, 2017 & SEBI/HO/IMD/DF3/CIR/P/2017/126 dated December 04, 2017.Large Cap has been defined as 1st-100th company in terms of full market capitalization
Benchmark (tier 1): BSE 100 TRI
Exit load: If the units are redeemed/switched out on or before 30 days from the date of allotment – 1.00%. If the units are redeemed / switched out after 30 days from the date of allotment – Nil.
Minimum application: ₹1,000
Allotment date: 1 Apr 1995
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.67% | 2.22% |
| AUM, whole scheme (₹ crore) | 357 | 2,015 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -2.9% | -5.0% TRI |
| Return, 3 years (AMFI) | 8.0% | 7.7% TRI |
| Return, 5 years (AMFI) | 8.4% | 7.7% TRI |
| Month-ends above category median (3Y CAGR) | 41% | 49% median |
| Month-ends in category top quartile (3Y) | 20% | 23% median |
| 7Y rolling CAGR, median (monthly windows) | 10.6% | 12.4% median |
Official benchmark: BSE 100 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Large Cap Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 50 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -9.0% | -13.5% | +4.6% |
| 2025 | 3.8% | 11.7% | −7.9% |
| 2024 | 15.1% | 9.9% | +5.2% |
| 2023 | 29.6% | 20.7% | +8.9% |
| 2022 | 3.4% | 5.3% | −1.9% |
| 2021 | 23.2% | 24.8% | −1.6% |
| 2020 | 18.1% | 15.3% | +2.8% |
| 2019 | 4.9% | 12.5% | −7.6% |
| 2018 | 0.8% | 3.6% | −2.8% |
| 2017 | 20.9% | 28.8% | −8.0% |
Benchmark proxy: Franklin India NSE Nifty 50 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,13,902 | -9.3% |
| 3 years | ₹3,60,000 | ₹3,52,871 | -1.3% |
| 5 years | ₹6,00,000 | ₹6,99,376 | 6.1% |
| 10 years | ₹12,00,000 | ₹20,08,915 | 9.9% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Large Cap
Plan / option: Regular · Growth
AMFI scheme code: 100219
ISIN: INF192K01601
First NAV in MFIC data: 3 Apr 2006
History: 20.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Baroda BNP Paribas Dividend Yield Fund | Dividend Yield | 0.98 | n/a |
| BAJAJ FINSERV LARGE CAP FUND | Large Cap | 0.98 | n/a |
| Bajaj Finserv Large & Mid Cap Fund | Large & Mid Cap | 0.98 | n/a |
| Kotak Contra Fund | Contra | 0.98 | 12.1% |
| Baroda BNP Paribas Value Fund | Value | 0.98 | 6.5% |
| BARODA BNP PARIBAS LARGE CAP FUND | Large Cap | 0.97 | 8.7% |
Questions about JM Large Cap Fund
- What is the latest NAV of JM Large Cap Fund?
- The NAV of the Regular plan (growth option) was ₹144.6359 on 1 Oct 2026, as published by AMFI.
- Which category is JM Large Cap Fund in?
- It is classified as Large Cap in AMFI's daily NAV file; a Large Cap scheme invests at least 80% in large-cap stocks. MFIC compares it with 38 Large Cap schemes (Regular plans).
- What returns has JM Large Cap Fund delivered?
- Over one year the NAV changed by -4.8%. The 3-year CAGR is 7.5% (category median 7.5%) and the 5-year CAGR is 8.2% (category median 7.4%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 10.1%, the lowest was -14.5%, and 82% of 3-year periods ended with a gain. It was ahead of Nifty 50 (index-fund proxy) in 45% of those periods.
- What was the largest fall in JM Large Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 71.8%; within the last five years it was 20.4% (category median 18.7%).
- How volatile is JM Large Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 15.7%, which is above the Large Cap category median of 14.3%.
- What would a monthly SIP in JM Large Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,99,376 on 1 Oct 2026, an annualised return (XIRR) of 6.1%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of JM Large Cap Fund?
- The total expense ratio of the Regular plan is 2.67% a year, as disclosed to AMFI (median of Large Cap Regular plans: 2.22%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is JM Large Cap Fund?
- Assets under management of the whole scheme were ₹357 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of JM Large Cap Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of JM Large Cap Fund and how has it compared?
- Its official benchmark is the BSE 100 TRI. Over 3 years AMFI reports a return of 8.0% for this plan against 7.7% for the benchmark total return index; over 5 years 8.4% against 7.7%. Past performance does not indicate future results.
- How often has JM Large Cap Fund beaten its category?
- At 41% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Large Cap schemes (Regular plans); it was in the top quarter at 20% of them. A typical scheme would show about 50%.
- Who manages JM Large Cap Fund?
- According to its Scheme Summary Document, JM Large Cap Fund is managed by Deepak Gupta (since 27 Jan 2025), Asit Bhandarkar (since 5 Oct 2017), Satish Ramanathan (since 20 Aug 2021), Ruchi Fozdar (since 4 Oct 2024).
- What is the exit load of JM Large Cap Fund?
- As stated in its scheme documents: If the units are redeemed/switched out on or before 30 days from the date of allotment – 1.00%. If the units are redeemed / switched out after 30 days from the date of allotment – Nil. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in JM Large Cap Fund?
- The minimum application amount is ₹1,000. SIP details: SIP - Daily - Rs. 100 - 30 Installments ; Weekly - Rs. 100 - 24 Installments ; Fortnightly - Rs. 100 -12 Installments ; Monthly - Rs. 100 - 12 Installments ; Quarterly - Rs. 250 - 4 Installments STP- Daily 60 installments: 100 each. Further in multiples of Re 1/- Weekly/Fortnightly/Monthly : 12 installments for Rs. 500 or 6 installments for Rs. 1000 each. Further in multiple of Re 1/-. Quaterly : 3000 each 2 Instalments, SWP - Fixed Amount Withdrawal (FAW) - 5 instalments for Rs. 1000/- each. F….
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -3.3% and the Regular plan's by -4.8%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.