MonitorDirect · GrowthWatch before adding
JM Flexi Cap Fund
JM Financial Mutual FundEquity Schemes - Flexi Cap Fund13.8 years
The scheme which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market depending upon valuation discount or premium amongst Large / Mid & Small cap stocks, the fund will keep varying the weights to capture the value while keeping an optimum Risk / Return profile.
- NAV
- 108.0429
- 30 Oct 2026
- 1Y
- -5.3%
- Trailing CAGR
- AUM
- ₹5,036.45 Cr
- 30 Sept 2026
- Volatility
- High
- 17.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 77% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer 360 ONE Flexicap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.09% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -35.0%. Ask whether you can hold through a similar fall.
Vs category
Pass
77% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Deepak Gupta · 1.6 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 27.1% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 35%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-5.3%
- 3Y+13.0%
- 5Y+13.9%
- 10Y+15.3%
- SI+16.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-1.4%
- 3Y+1.6%
- 5Y+11.7%
- 10Y+15.7%
- Since inception
- +16.0%
- Calendar-day CAGR
- Excess 1Y
- -2.5%
- Category median, same plan and option
- 3Y win rate
- +77%
- Windows beating the median
- 3Y percentile
- 45
- Vs comparable share classes
- SIP 3Y XIRR
- +1.6%
- Simulated monthly SIP
- Worst rolling 3Y
- -3.0%
- 2654 daily-ending windows
- Median rolling 3Y
- +18.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2161 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -35.0%
- Worst peak-to-trough
- Current
- -12.5%
- Below last peak
- Current spell
- 763 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 152 recovered episodes
- Longest recovery
- 346 days
- Trough to prior peak
12 Feb 2020 – 24 Nov 2020
Trough 23 Mar 2020 · recovered in 246 days
-35.0%
20 Jul 2015 – 27 Jul 2016
Trough 25 Feb 2016 · recovered in 153 days
-23.2%
27 Sept 2024 – open
Trough 31 Mar 2026 · not recovered
-22.6%
4 Jan 2013 – 6 Mar 2014
Trough 28 Aug 2013 · recovered in 190 days
-22.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
46
Vs category
35
Consistency
67
Risk-adjusted
56
Drawdown
13
Mean
43
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 77% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 91 holdings · top 10 are 27.1%.
- Top 5
- 15.7%
- Top 10
- 27.1%
- Largest holding
- 4.4%
- Effective holdings
- 61.2
ICICI Bank Ltd
Financial
4.4%
State Bank of India
Financial
3.4%
Shriram Transport Finance Company Ltd
Financial
2.7%
Reliance Industries Ltd
Energy & Utilities
2.6%
HDFC Bank Ltd
Financial
2.5%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
360 ONE Flexicap Fund
360 ONE Mutual Fund
- 1Y
- +1.8%
- 3Y
- +16.7%
- Vol
- 15.0%
- Max DD
- -18.1%
- Sharpe
- 0.68
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
ICICI Prudential Flexi Cap fund
ICICI Prudential Mutual Fund
- 1Y
- -0.9%
- 3Y
- +15.2%
- Vol
- 13.5%
- Max DD
- -19.7%
- Sharpe
- 0.68
- 3Y win
- +96%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Invesco India Flexi Cap Fund
Invesco Mutual Fund
- 1Y
- -2.7%
- 3Y
- +16.7%
- Vol
- 14.4%
- Max DD
- -19.4%
- Sharpe
- 0.70
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
WhiteOak Capital Flexi Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- -2.6%
- 3Y
- +14.0%
- Vol
- 12.8%
- Max DD
- -15.6%
- Sharpe
- 0.73
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Helios Flexi Cap Fund
Helios Mutual Fund
- 1Y
- -3.0%
- 3Y
- n/a
- Vol
- 16.4%
- Max DD
- -18.2%
- Sharpe
- 0.59
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns