MonitorDirect · GrowthWatch before adding
JM Large & Mid Cap Fund
JM Financial Mutual FundEquity Schemes - Large & Mid Cap Fund1.2 years
The Scheme seeks to seek long term capital growth through investments in equity and equity related securities of predominantly large cap and mid cap stocks.
- NAV
- 10.1368
- 27 Oct 2026
- 1Y
- -4.3%
- Trailing CAGR
- AUM
- ₹447.9 Cr
- 30 Sept 2026
- Volatility
- Medium
- 14.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 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 1-year windows.
Prefer peers if · Prefer Helios Large & Mid Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Fail
1.2 years - thin for judging consistency.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.04% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -15.5%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Asit Bhandarkar · 1.3 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 ≈ 24.5% 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 15%. 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-4.3%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+0.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.2%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +0.6%
- Calendar-day CAGR
- Excess 1Y
- +0.4%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -15.5%
- Worst peak-to-trough
- Current
- -8.7%
- Below last peak
- Current spell
- 57 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 12 recovered episodes
- Longest recovery
- 120 days
- Trough to prior peak
17 Nov 2025 – 29 Jul 2026
Trough 31 Mar 2026 · recovered in 120 days
-15.5%
31 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-10.3%
18 Sept 2025 – 16 Oct 2025
Trough 26 Sept 2025 · recovered in 20 days
-4.2%
25 Aug 2025 – 9 Sept 2025
Trough 29 Aug 2025 · recovered in 11 days
-2.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
13
Vs category
53
Consistency
77
Risk-adjusted
10
Drawdown
61
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
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- The fund beat the category median in 77% of rolling 1-year windows.
Portfolio
30 Sept 2026 · 66 holdings · top 10 are 24.5%.
- Top 5
- 13.7%
- Top 10
- 24.5%
- Largest holding
- 3.3%
- Effective holdings
- 58.2
ICICI Bank Ltd
Financial
3.3%
One 97 Communications Ltd
Industrials
2.7%
HDFC Bank Ltd
Financial
2.7%
Repo
Unspecified
2.6%
Bajaj Finance Ltd
Financial
2.5%
What changed
DECISION
Status moved from HEALTHY to MONITOR.
24 Sept 2026
DECISION
Status moved from MONITOR to HEALTHY.
22 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Helios Large & Mid Cap Fund
Helios Mutual Fund
- 1Y
- -4.0%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -18.0%
- Sharpe
- 0.01
- 3Y win
- n/a
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
WhiteOak Capital Large & Mid Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- -3.2%
- 3Y
- n/a
- Vol
- 14.5%
- Max DD
- -16.0%
- Sharpe
- 0.41
- 3Y win
- n/a
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Axis Large & Mid Cap Fund
Axis Mutual Fund
- 1Y
- -1.0%
- 3Y
- +14.5%
- Vol
- 14.6%
- Max DD
- -31.9%
- Sharpe
- 0.80
- 3Y win
- +50%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Canara Robeco Large and Mid Cap Fund
Canara Robeco Mutual Fund
- 1Y
- -6.6%
- 3Y
- +12.2%
- Vol
- 16.4%
- Max DD
- -36.2%
- Sharpe
- 0.77
- 3Y win
- +53%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
HDFC Large & Mid Cap Fund
HDFC Mutual Fund
- 1Y
- -7.2%
- 3Y
- +11.9%
- Vol
- 16.6%
- Max DD
- -39.5%
- Sharpe
- 0.44
- 3Y win
- +39%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown