| Launch date | 04 Jul 2025 |
| Allotment date | 25 Jul 2025 |
| End date | 18 Jul 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 180 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Asit BhandarkarJul 2025 - PresentView details
Ruchi FozdarJul 2025 - PresentView details
Deepak GuptaJul 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #32 in India |
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| Total AUM | ₹14,046.39Cr |
| Date of Incorporation | 15 Sep 1994 |
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JM Large & Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 15 Sep 1994. Asit Bhandarkar is the Current Fund Manager of JM Large & Mid Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹14,046 Cr and the Latest NAV as of 04 Jul 2025 is ₹10.00. The JM Large & Mid Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. Exit load of 1%, if redeemed within 180 days. ;
Investment Objective
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. ;
| Fund benchmark | NIFTY Large Midcap 250 Total Return Index |
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